Skye Bioscience, Inc.

Skye Bioscience, Inc.verified

SKYE

Price:

$1.21

Market Cap:

$38.77M

Skye Bioscience, Inc., a biopharmaceutical company, discovers, develops, and commercializes cannabinoid-based molecules for the treatment of infectious diseases. The company's lead product candidate is SBI-100, which is in Phase I trials for the treatment of glaucoma and ocular hypertension. It is also developing SBI-200 that is in preclinical trials to treat and manage various eye diseases, including uveitis, dry eye syndrome, macular degeneration and diabetic retinopathy. The company was formerly known as Emerald Bioscience, Inc. and changed its name to Skye Bioscience, Inc. in January 2021. Skye Bioscience, Inc. was founded in 2012 and is headquartered in San Diego, California.

Industry

Biotechnology

IPO Date

2014-11-26

Stock Exchange

NASDAQ

Ticker

SKYE

The PE Ratio as of December 2025 (TTM) for Skye Bioscience, Inc. (SKYE) is -0.93

According to Skye Bioscience, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.93. This represents a change of -77.33% compared to the average of -4.10 of the last 4 quarters.

Skye Bioscience, Inc. (SKYE) Historical PE Ratio (quarterly & annually)

How has SKYE PE Ratio performed in the past?

The mean historical PE Ratio of Skye Bioscience, Inc. over the last ten years is -0.06. The current -0.93 PE Ratio has changed 155.50% 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.

Quarterly (TTM)
Annual

Average

-0.06

Median

-1.64

Minimum

-3.89

Maximum

16.56

Skye Bioscience, Inc. (SKYE) PE Ratio by Quarter and Year

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 = 667.80%

Maximum Annual PE Ratio = 16.56

Minimum Annual Increase = -704.61%

Minimum Annual PE Ratio = -3.89

Quarterly (TTM)
Annual
YearPE RatioChange
2024-3.89667.80%
2023-0.5124.27%
2022-0.41-83.58%
2021-2.4876.32%
2020-1.41-108.49%
201916.56-704.61%
2018-2.7484.68%
2017-1.48-17.62%
2016-1.80-26.48%
2015-2.45-91.77%

Skye Bioscience, Inc. (SKYE) Average PE Ratio

How has SKYE PE Ratio performed in the past?

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

-1.60

5-year avg

-1.74

10-year avg

-0.06

Skye Bioscience, Inc. (SKYE) PE Ratio vs. Peers

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

Skye Bioscience, Inc.’s PE Ratio is greater than Aligos Therapeutics, Inc. (-1.21), greater than Xilio Therapeutics, Inc. (-2.53), greater than Mersana Therapeutics, Inc. (-1.95), greater than INmune Bio, Inc. (-1.00), less than X4 Pharmaceuticals, Inc. (-0.28), less than Kezar Life Sciences, Inc. (-0.65), less than Barinthus Biotherapeutics plc (-0.39), greater than LAVA Therapeutics N.V. (-1.65), greater than PDS Biotechnology Corporation (-1.20), greater than CEL-SCI Corporation (-1.03),

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