SKYE
Price:
$0.7872
Market Cap:
$27.67M
Skye Bioscience, Inc. is a biopharmaceutical firm focused on the discovery, development, and commercialization of cannabinoid-based therapeutics, primarily targeting various ophthalmic conditions. The company's leading drug candidate, SBI-100, is currently undergoing Phase I clinical trials for the treatment of glaucoma and ocular hypertension. In addition, Skye Bioscience is developing SBI-200, which is in preclinical stages, to manage and treat a spectrum of eye diseases such as uveitis, dry eye syndrome, macular degeneration, and diabetic retinopathy. The company, originally named Emerald Bioscience, Inc., rebranded to Skye Bioscience, Inc. in January 2021. Founded in 2012, its headquarte...[Read more]
Industry
Biotechnology
IPO Date
2014-11-26
Stock Exchange
NASDAQ
Ticker
SKYE
According to Skye Bioscience, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.54. This represents a change of -66.30% compared to the average of -1.60 of the last 4 quarters.
The mean historical PE Ratio of Skye Bioscience, Inc. over the last ten years is 0.13. The current -0.54 PE Ratio has changed -42599.47% with respect to the historical average. Over the past ten years (40 quarters), SKYE's PE Ratio was at its highest in in the June 2016 quarter at 4.27. The PE Ratio was at its lowest in in the March 2024 quarter at -19.77.
Average
0.13
Median
-1.45
Minimum
-3.89
Maximum
16.56
Discovering the peaks and valleys of Skye Bioscience, 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 = 667.79%
Maximum Annual PE Ratio = 16.56
Minimum Annual Increase = -704.61%
Minimum Annual PE Ratio = -3.89
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | -0.53 | -86.32% |
| 2024 | -3.89 | 667.79% |
| 2023 | -0.51 | 11.00% |
| 2022 | -0.46 | -81.62% |
| 2021 | -2.48 | 76.36% |
| 2020 | -1.41 | -108.49% |
| 2019 | 16.56 | -704.61% |
| 2018 | -2.74 | 84.68% |
| 2017 | -1.48 | -17.62% |
| 2016 | -1.80 | -26.48% |
The current PE Ratio of Skye Bioscience, Inc. (SKYE) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-1.64
5-year avg
-1.57
10-year avg
0.13
Skye Bioscience, Inc.’s PE Ratio is greater than Aligos Therapeutics, Inc. (-0.61), greater than Xilio Therapeutics, Inc. (-43.40), greater than Mersana Therapeutics, Inc. (-2.07), greater than INmune Bio, Inc. (-0.79), greater than X4 Pharmaceuticals, Inc. (-5.07), greater than Kezar Life Sciences, Inc. (-1.18), less than Barinthus Biotherapeutics plc (-0.52), greater than LAVA Therapeutics N.V. (-2.01), greater than PDS Biotechnology Corporation (-1.75), less than CEL-SCI Corporation (-0.39),
| Company | PE Ratio | Market cap |
|---|---|---|
| -0.61 | $32.67M | |
| -43.40 | $54.64M | |
| -2.07 | $145.36M | |
| -0.79 | $32.97M | |
| -5.07 | $377.28M | |
| -1.18 | $53.86M | |
| -0.52 | $27.41M | |
| -2.01 | $45.77M | |
| -1.75 | $58.61M | |
| -0.39 | $7.42M |
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