Lexaria Bioscience Corp.

Lexaria Bioscience Corp.verified

LEXX

Price:

$2.28

Market Cap:

$39.79M

Lexaria Bioscience Corp. operates as a biotechnology company. Its patented drug delivery technology, DehydraTECH, improves the way active pharmaceutical ingredients enter the bloodstream by promoting effective oral delivery. The company's DehydraTECH has demonstrated the ability to increase bio-absorption with cannabinoids and nicotine by 5-10x and in some instances with cannabinoids by 27x compared to standard industry formulations, reduce time of onset from 1 - 2 hours to minutes, and mask unwanted tastes; and is also being evaluated for orally administered anti-viral drugs, non-steroidal anti-inflammatory drugs (NSAIDs), PDE5 inhibitors, and others. DehydraTECH also deliver drugs effectiv...[Read more]

Industry

Biotechnology

IPO Date

2021-01-12

Stock Exchange

NASDAQ

Ticker

LEXX

The PE Ratio as of November 2024 (TTM) for Lexaria Bioscience Corp. (LEXX) is -5.18

According to Lexaria Bioscience Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -5.18. This represents a change of -20.72% compared to the average of -6.53 of the last 4 quarters.

Lexaria Bioscience Corp. (LEXX) Historical PE Ratio (quarterly & annually)

How has LEXX PE Ratio performed in the past?

The mean historical PE Ratio of Lexaria Bioscience Corp. over the last ten years is -9.68. The current -5.18 PE Ratio has changed 5.25% with respect to the historical average. Over the past ten years (40 quarters), LEXX's PE Ratio was at its highest in in the February 2021 quarter at 14.92. The PE Ratio was at its lowest in in the February 2024 quarter at -14.29.

Quarterly (TTM)
Annual

Average

-9.68

Median

-3.22

Minimum

-61.55

Maximum

-1.04

Lexaria Bioscience Corp. (LEXX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Lexaria Bioscience Corp. 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 = 473.50%

Maximum Annual PE Ratio = -1.04

Minimum Annual Increase = -94.56%

Minimum Annual PE Ratio = -61.55

Quarterly (TTM)
Annual
YearPE RatioChange
2023-1.04-56.52%
2022-2.40-78.03%
2021-10.91253.81%
2020-3.0811.40%
2019-2.7772.32%
2018-1.61-65.79%
2017-4.69-12.89%
2016-5.3960.94%
2015-3.35-94.56%
2013-61.55473.50%

Lexaria Bioscience Corp. (LEXX) Average PE Ratio

How has LEXX PE Ratio performed in the past?

The current PE Ratio of Lexaria Bioscience Corp. (LEXX) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

-4.78

5-year avg

-4.04

10-year avg

-9.68

Lexaria Bioscience Corp. (LEXX) PE Ratio vs. Peers

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

Lexaria Bioscience Corp.’s PE Ratio is less than Revelation Biosciences, Inc. (-0.09), greater than Zura Bio Limited (-10.87), less than Phio Pharmaceuticals Corp. (-0.19), less than ZyVersa Therapeutics, Inc. (-0.07), less than TransCode Therapeutics, Inc. (-0.20), less than Immix Biopharma, Inc. (-2.39), less than CNS Pharmaceuticals, Inc. (-0.00), less than eFFECTOR Therapeutics, Inc. (-0.00), less than Navidea Biopharmaceuticals, Inc. (0.01), less than Sonnet BioTherapeutics Holdings, Inc. (-2.73), less than SeaStar Medical Holding Corporation (-0.27), less than Virios Therapeutics, Inc. (-0.76), less than Biodexa Pharmaceuticals Plc (0), less than Oncorus, Inc. (-0.21), less than null (-0.04),

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