Third Harmonic Bio, Inc.

Third Harmonic Bio, Inc.verified

THRD

Price:

$12.8079

Market Cap:

$526.37M

Third Harmonic Bio, Inc., a clinical-stage biopharmaceutical company, focuses on the development of the medicine for the treatment of allergic and inflammatory diseases. It develops THB001, an oral small-molecule KIT inhibitor for the treatment of chronic urticaria, a dermatologic disease driven by mast cell activation that results in red, itchy, painful welts, or hives, as well as for airway and gastrointestinal tract indications. The company was formerly known as Project IGE, Inc. and changed its name to Third Harmonic Bio, Inc. in June 2019. Third Harmonic Bio, Inc. was founded in 2019 and is headquartered in Cambridge, Massachusetts.[Read more]

Industry

Biotechnology

IPO Date

2022-09-14

Stock Exchange

NASDAQ

Ticker

THRD

The Enterprise Value as of September 2024 (TTM) for Third Harmonic Bio, Inc. (THRD) is 274.63M

According to Third Harmonic Bio, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 274.63M. This represents a change of 111.05% compared to the average of 130.13M of the last 4 quarters.

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

How has THRD Enterprise Value performed in the past?

The mean historical Enterprise Value of Third Harmonic Bio, Inc. over the last ten years is 308.40M. The current 274.63M Enterprise Value has changed 8.81% with respect to the historical average. Over the past ten years (40 quarters), THRD's Enterprise Value was at its highest in in the March 2022 quarter at 575.19M. The Enterprise Value was at its lowest in in the March 2023 quarter at -183852742.28.

Quarterly (TTM)
Annual

Average

308.40M

Median

349.65M

Minimum

-115215945.40

Maximum

649.52M

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

Discovering the peaks and valleys of Third Harmonic Bio, Inc. Enterprise Value, 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 Enterprise Value = 649.52M

Minimum Annual Increase = -247.37%

Minimum Annual Enterprise Value = -115215945.40

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023169.79M-247.37%
2022-115215945.40-121.76%
2021529.52M-18.48%

Third Harmonic Bio, Inc. (THRD) Average Enterprise Value

How has THRD Enterprise Value performed in the past?

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

3-year avg

194.70M

5-year avg

308.40M

10-year avg

308.40M

Third Harmonic Bio, Inc. (THRD) Enterprise Value vs. Peers

How is THRD’s Enterprise Value compared to its peers?

Third Harmonic Bio, Inc.’s Enterprise Value is greater than Sensei Biotherapeutics, Inc. (4.98M), greater than NextCure, Inc. (21.40M), less than Nuvation Bio Inc. (1.01B), greater than Graphite Bio, Inc. (-15007658.00), greater than Merrimack Pharmaceuticals, Inc. (-10189682.00), less than Cullinan Oncology, Inc. (864.04M), less than Edgewise Therapeutics, Inc. (1.54B), greater than Rallybio Corporation (30.50M), less than Monte Rosa Therapeutics, Inc. (283.59M), greater than PMV Pharmaceuticals, Inc. (41.69M), greater than Enochian Biosciences, Inc. (103.03M), less than Revolution Medicines, Inc. (7.20B), greater than Passage Bio, Inc. (47.09M), greater than Werewolf Therapeutics, Inc. (-5978336.00), greater than Acrivon Therapeutics, Inc. Common Stock (221.32M), less than Eliem Therapeutics, Inc. (330.54M),

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