Third Harmonic Bio, Inc.

Third Harmonic Bio, Inc.verified

THRD

Price:

$5.38

Market Cap:

$242.79M

Third Harmonic Bio, Inc. is a clinical-stage biotechnology firm dedicated to creating therapeutic solutions for a range of allergic and inflammatory conditions. Their primary investigational compound is THB001, an orally administered small-molecule inhibitor targeting KIT. This compound is being advanced to address chronic urticaria—a skin ailment characterized by painful, itchy red welts (hives) stemming from mast cell overactivity—and is also being explored for its potential in respiratory and digestive tract disorders. Previously known as Project IGE, Inc., the company adopted its current name, Third Harmonic Bio, Inc., in June of 2019. Established in 2019, its corporate headquarters are ...[Read more]

Industry

Biotechnology

IPO Date

2022-09-14

Stock Exchange

NASDAQ

Ticker

THRD

The ROE as of June 2026 (TTM) for Third Harmonic Bio, Inc. (THRD) is -10.38%

According to Third Harmonic Bio, Inc.’s latest financial reports and current stock price. The company's current ROE is -10.38%. This represents a change of 115.57% compared to the average of -4.81% of the last 4 quarters.

Third Harmonic Bio, Inc. (THRD) Historical ROE (quarterly & annually)

How has THRD ROE performed in the past?

The mean historical ROE of Third Harmonic Bio, Inc. over the last ten years is -737.98%. The current -10.38% ROE has changed -98.59% with respect to the historical average. Over the past ten years (40 quarters), THRD's ROE was at its highest in in the December 2021 quarter at 33.79%. The ROE was at its lowest in in the March 2021 quarter at -942.40%.

Quarterly (TTM)
Annual

Average

-737.98%

Median

-11.46%

Minimum

-3744.74%

Maximum

63.39%

Third Harmonic Bio, Inc. (THRD) ROE by Quarter and Year

Discovering the peaks and valleys of Third Harmonic Bio, Inc. ROE, 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 = 0%

Maximum Annual ROE = 63.39%

Minimum Annual Increase = -239.20%

Minimum Annual ROE = -3744.74%

Quarterly (TTM)
Annual
YearROEChange
202415.95%-239.20%
2023-11.46%-12.19%
2022-13.04%-120.58%
202163.39%-101.69%

Third Harmonic Bio, Inc. (THRD) Average ROE

How has THRD ROE performed in the past?

The current ROE of Third Harmonic Bio, Inc. (THRD) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-2.85%

5-year avg

-737.98%

10-year avg

-737.98%

Third Harmonic Bio, Inc. (THRD) ROE vs. Peers

How is THRD’s ROE compared to its peers?

Third Harmonic Bio, Inc.’s ROE is greater than Inozyme Pharma, Inc. (-122.99%), greater than Acelyrin, Inc. (-31.03%), greater than Spectrum Pharmaceuticals, Inc. (-207.06%), greater than CARGO Therapeutics, Inc. Common Stock (-61.29%), greater than Alaunos Therapeutics, Inc. (-165.94%), less than Celularity Inc. (411.46%), greater than Catabasis Pharmaceuticals, Inc. (-35.71%), greater than Vaccitech plc (-63.87%), less than Zevra Therapeutics, Inc. (81.34%), greater than 2seventy bio, Inc. (-8.96%),

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