Bright Minds Biosciences Inc.

Bright Minds Biosciences Inc.verified

DRUG

Price:

$37.25

Market Cap:

$375.43M

Bright Minds Biosciences Inc., a pre-clinical biosciences company, develops 5-HT (serotonin) medicines to improve the lives of patients with severe and life-altering diseases. Its portfolio of selective 5-HT receptor agonists comprises 5-HT2C, 5-HT2A, and 5-HT2C/A for the treatment of epilepsy, pain, and neuropsychiatry. The company has collaboration with National Institutes of Health for the treatment of epilepsy; University of Texas Medical Branch to treat impulse control disorders, such as binge eating; and Medical College of Wisconsin. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.[Read more]

Industry

Biotechnology

IPO Date

2021-03-22

Stock Exchange

NASDAQ

Ticker

DRUG

The PE Ratio as of December 2024 (TTM) for Bright Minds Biosciences Inc. (DRUG) is -61.07

According to Bright Minds Biosciences Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -61.07. This represents a change of -19098.20% compared to the average of 0.32 of the last 4 quarters.

Bright Minds Biosciences Inc. (DRUG) Historical PE Ratio (quarterly & annually)

How has DRUG PE Ratio performed in the past?

The mean historical PE Ratio of Bright Minds Biosciences Inc. over the last ten years is -164.04. The current -61.07 PE Ratio has changed 3.62% with respect to the historical average. Over the past ten years (40 quarters), DRUG's PE Ratio was at its highest in in the June 2024 quarter at 6.70. The PE Ratio was at its lowest in in the March 2020 quarter at -2014.41.

Quarterly (TTM)
Annual

Average

-164.04

Median

-9.53

Minimum

-695.53

Maximum

-1.08

Bright Minds Biosciences Inc. (DRUG) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Bright Minds Biosciences 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 = 0%

Maximum Annual PE Ratio = -1.08

Minimum Annual Increase = -91.54%

Minimum Annual PE Ratio = -695.53

Quarterly (TTM)
Annual
YearPE RatioChange
2023-1.08-21.55%
2022-1.38-85.49%
2021-9.53-91.54%
2020-112.67-83.80%

Bright Minds Biosciences Inc. (DRUG) Average PE Ratio

How has DRUG PE Ratio performed in the past?

The current PE Ratio of Bright Minds Biosciences Inc. (DRUG) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-4.00

5-year avg

-164.04

10-year avg

-164.04

Bright Minds Biosciences Inc. (DRUG) PE Ratio vs. Peers

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

Bright Minds Biosciences Inc.’s PE Ratio is less than Revelation Biosciences, Inc. (-0.07), less than Zura Bio Limited (-4.75), less than Phio Pharmaceuticals Corp. (-0.31), less than ZyVersa Therapeutics, Inc. (-0.00), less than TransCode Therapeutics, Inc. (-3.40), less than Pyxis Oncology, Inc. (-1.69), less than eFFECTOR Therapeutics, Inc. (-0.00), less than Altamira Therapeutics Ltd. (-0.02), less than Elevation Oncology, Inc. (-0.79), less than Apexigen, Inc. (-0.24), less than Immix Biopharma, Inc. (-2.96), less than Virios Therapeutics, Inc. (-0.76), less than Navidea Biopharmaceuticals, Inc. (0.00), less than Aditxt, Inc. (-0.00), less than NeuroBo Pharmaceuticals, Inc. (-0.87), less than Dermata Therapeutics, Inc. (-0.17), less than Unicycive Therapeutics, Inc. (-2.03),

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