Nexalin Technology, Inc.

Nexalin Technology, Inc.verified

NXL

Price:

$0.8272

Market Cap:

$8.76M

Nexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health in the United States and China. It licenses and markets Nexalin Device, a non-invasive and drug-free therapy for the treatment of anxiety and insomnia. The company's Nexalin device emits a patented frequency-based waveform, which stimulates a positive response from the mid-brain structures associated with various mental health disorders. It also engages in the development of Generation 2, a medical device that is in clinical trials for the treatment of substance abuse issues related to opiates, chronic pain, Alzheimer's disease, and dementia. The company was i...[Read more]

Industry

Medical - Devices

IPO Date

2022-09-16

Stock Exchange

NASDAQ

Ticker

NXL

The PE Ratio as of September 2024 (TTM) for Nexalin Technology, Inc. (NXL) is -1.15

According to Nexalin Technology, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -1.15. This represents a change of -35.52% compared to the average of -1.78 of the last 4 quarters.

Nexalin Technology, Inc. (NXL) Historical PE Ratio (quarterly & annually)

How has NXL PE Ratio performed in the past?

The mean historical PE Ratio of Nexalin Technology, Inc. over the last ten years is -2.82. The current -1.15 PE Ratio has changed 3.98% with respect to the historical average. Over the past ten years (40 quarters), NXL's PE Ratio was at its highest in in the September 2023 quarter at -0.36. The PE Ratio was at its lowest in in the June 2020 quarter at -33.86.

Quarterly (TTM)
Annual

Average

-2.82

Median

-2.83

Minimum

-4.70

Maximum

-0.65

Nexalin Technology, Inc. (NXL) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nexalin Technology, 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 = 44.20%

Maximum Annual PE Ratio = -0.65

Minimum Annual Increase = -77.15%

Minimum Annual PE Ratio = -4.70

Quarterly (TTM)
Annual
YearPE RatioChange
2023-0.65-77.15%
2022-2.836.58%
2021-2.66-43.47%
2020-4.7044.20%

Nexalin Technology, Inc. (NXL) Average PE Ratio

How has NXL PE Ratio performed in the past?

The current PE Ratio of Nexalin Technology, Inc. (NXL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-2.05

5-year avg

-2.82

10-year avg

-2.82

Nexalin Technology, Inc. (NXL) PE Ratio vs. Peers

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

Nexalin Technology, Inc.’s PE Ratio is less than Ainos, Inc. (-0.23), less than Electromed, Inc. (28.81), less than Armm Inc. (0), greater than Surmodics, Inc. (-393.30), less than Bluejay Diagnostics, Inc. (-0.01), less than INVO Bioscience, Inc. (-0.38), less than Motus GI Holdings, Inc. (-0.04), greater than IRIDEX Corporation (-3.00), less than Aziyo Biologics, Inc. (-0.75), less than Ainos, Inc. (-0.23), greater than LENSAR, Inc. (-4.13), less than ProSomnus, Inc. Common Stock (-0.59), greater than LivaNova PLC (-154.03), greater than OrthoPediatrics Corp. (-28.25), greater than Modular Medical, Inc. (-4.30), greater than NeuroPace, Inc. (-6.95), greater than STRATA Skin Sciences, Inc. (-1.37), less than Nemaura Medical Inc. (-0.13),

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