Anika Therapeutics, Inc.

Anika Therapeutics, Inc.verified

ANIK

Price:

$24.56

Market Cap:

$363.41M

Anika Therapeutics, Inc., a joint preservation company, creates and delivers advancements in early intervention orthopedic care in the areas of osteoarthritis (OA) pain management, regenerative solutions, soft tissue repair, and bone preserving joint technologies in the United States, Europe, and internationally. The company develops, manufactures, and commercializes products based on hyaluronic acid (HA) technology platform. Its OA pain management product family consists of Monovisc, Orthovisc, Cingal, and Hyvisc that are indicated to provide pain relief from osteoarthritis conditions; and joint preservation and restoration product family comprise a portfolio of approximately 150 bone prese...[Read more]

Industry

Medical - Devices

IPO Date

1993-05-03

Stock Exchange

NASDAQ

Ticker

ANIK

The PE Ratio as of September 2024 (TTM) for Anika Therapeutics, Inc. (ANIK) is -4.85

According to Anika Therapeutics, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -4.85. This represents a change of -98.27% compared to the average of -280.59 of the last 4 quarters.

Anika Therapeutics, Inc. (ANIK) Historical PE Ratio (quarterly & annually)

How has ANIK PE Ratio performed in the past?

The mean historical PE Ratio of Anika Therapeutics, Inc. over the last ten years is 19.87. The current -4.85 PE Ratio has changed -2540.64% with respect to the historical average. Over the past ten years (40 quarters), ANIK's PE Ratio was at its highest in in the September 2021 quarter at 275.13. The PE Ratio was at its lowest in in the June 2024 quarter at -1089.74.

Quarterly (TTM)
Annual

Average

19.87

Median

20.31

Minimum

-29.01

Maximum

124.82

Anika Therapeutics, Inc. (ANIK) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Anika 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 = 19.20%

Maximum Annual PE Ratio = 124.82

Minimum Annual Increase = -565.02%

Minimum Annual PE Ratio = -29.01

Quarterly (TTM)
Annual
YearPE RatioChange
2023-4.02-86.15%
2022-29.01-123.24%
2021124.82-565.02%
2020-26.84-199.69%
201926.933.85%
201825.934.98%
201724.7011.82%
201622.0919.20%
201518.5318.73%
201415.61-40.27%

Anika Therapeutics, Inc. (ANIK) Average PE Ratio

How has ANIK PE Ratio performed in the past?

The current PE Ratio of Anika Therapeutics, Inc. (ANIK) 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

30.60

5-year avg

18.38

10-year avg

19.87

Anika Therapeutics, Inc. (ANIK) PE Ratio vs. Peers

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

Anika Therapeutics, Inc.’s PE Ratio is greater than AxoGen, Inc. (-34.41), greater than Orthofix Medical Inc. (-5.12), greater than Surmodics, Inc. (-393.30), greater than Paragon 28, Inc. (-10.66), greater than Artivion, Inc. (-125.20), greater than Sight Sciences, Inc. (-6.06), less than Avanos Medical, Inc. (141.40), greater than OrthoPediatrics Corp. (-28.25), greater than NeuroPace, Inc. (-6.95), less than CVRx, Inc. (-3.35), less than ProSomnus, Inc. Common Stock (-0.59), greater than Heska Corporation (-91.49),

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