Obalon Therapeutics, Inc.

Obalon Therapeutics, Inc.verified

OBLN

Price:

$3.05

Market Cap:

$5.47M

Obalon Therapeutics, Inc., a vertically integrated medical device company, focuses on developing and commercializing medical devices to treat people with obesity. The company offers the Obalon Balloon System designed to provide weight loss in patients with obesity. Its Obalon Balloon System comprises of a swallow able capsule that contains an inflatable balloon attached to a microcatheter; the Obalon Navigation System console, which is a combination of hardware and software used to track and display the location of the balloon during placement; the Obalon Touch Inflation Dispenser, which is a semi-automated, hand-held inflation device used to inflate the balloon once it is placed; and a disp...[Read more]

Industry

Medical - Devices

IPO Date

2016-10-06

Stock Exchange

NASDAQ

Ticker

OBLN

The PE Ratio as of June 2024 (TTM) for Obalon Therapeutics, Inc. (OBLN) is -2.22

According to Obalon Therapeutics, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -2.22. This represents a change of -99.52% compared to the average of -462.61 of the last 4 quarters.

Obalon Therapeutics, Inc. (OBLN) Historical PE Ratio (quarterly & annually)

How has OBLN PE Ratio performed in the past?

The mean historical PE Ratio of Obalon Therapeutics, Inc. over the last ten years is -0.61. The current -2.22 PE Ratio has changed 36.25% with respect to the historical average. Over the past ten years (40 quarters), OBLN's PE Ratio was at its highest in in the June 2019 quarter at -0.07. The PE Ratio was at its lowest in in the June 2021 quarter at -1845.52.

Quarterly (TTM)
Annual

Average

-0.61

Median

-0.38

Minimum

-1.47

Maximum

-0.11

Obalon Therapeutics, Inc. (OBLN) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Obalon Therapeutics, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 258.30%

Maximum Annual PE Ratio = -0.11

Minimum Annual Increase = -79.03%

Minimum Annual PE Ratio = -1.47

Quarterly (TTM)
Annual
YearPE RatioChange
2020-0.95150.20%
2019-0.38258.30%
2018-0.11-66.83%
2017-0.3274.11%
2016-0.18-79.03%
2015-0.87-40.78%

Obalon Therapeutics, Inc. (OBLN) Average PE Ratio

How has OBLN PE Ratio performed in the past?

The current PE Ratio of Obalon Therapeutics, Inc. (OBLN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-0.48

5-year avg

-0.39

10-year avg

-0.61

Obalon Therapeutics, Inc. (OBLN) PE Ratio vs. Peers

How is OBLN’s PE Ratio compared to its peers?

Obalon Therapeutics, Inc.’s PE Ratio is

CompanyPE RatioMarket cap

Build a custom stock screener for Obalon Therapeutics, Inc. (OBLN) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Obalon Therapeutics, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Obalon Therapeutics, Inc. (OBLN) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Obalon Therapeutics, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Obalon Therapeutics, Inc.'s PE Ratio?

How is the PE Ratio calculated for Obalon Therapeutics, Inc. (OBLN)?

What is the highest PE Ratio for Obalon Therapeutics, Inc. (OBLN)?

What is the 3-year average PE Ratio for Obalon Therapeutics, Inc. (OBLN)?

What is the 5-year average PE Ratio for Obalon Therapeutics, Inc. (OBLN)?

How does the current PE Ratio for Obalon Therapeutics, Inc. (OBLN) compare to its historical average?