Ocean Biomedical, Inc.

Ocean Biomedical, Inc.verified

OCEA

Price:

$0.98

Market Cap:

$33.96M

Ocean Biomedical, Inc., a biopharmaceutical company, focuses on discovering and developing therapeutic products in oncology, fibrosis, infectious diseases, and inflammation. The company is developing mono-specific and bi-specific humanized monoclonal antibodies (mAb) product candidates targeting Chi3l1 for the treatment of non-small cell lung cancer and glioblastoma multiforme; and a small molecule product candidate targeting Chit1 for the treatment of Idiopathic Pulmonary Fibrosis and Hermansky-Pudlak Syndrome. It is also developing three product candidates based on the WPDS platform, including a malaria vaccine candidate; a humanized mAb malaria therapeutic candidate targeting Plasmodium f...[Read more]

Industry

Biotechnology

IPO Date

2021-11-08

Stock Exchange

NASDAQ

Ticker

OCEA

The PE Ratio as of September 2024 (TTM) for Ocean Biomedical, Inc. (OCEA) is -0.33

According to Ocean Biomedical, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.33. This represents a change of -101.68% compared to the average of 19.66 of the last 4 quarters.

Ocean Biomedical, Inc. (OCEA) Historical PE Ratio (quarterly & annually)

How has OCEA PE Ratio performed in the past?

The mean historical PE Ratio of Ocean Biomedical, Inc. over the last ten years is -187.24. The current -0.33 PE Ratio has changed -82.38% with respect to the historical average. Over the past ten years (40 quarters), OCEA's PE Ratio was at its highest in in the December 2022 quarter at 83.86. The PE Ratio was at its lowest in in the March 2020 quarter at -6779.51.

Quarterly (TTM)
Annual

Average

-187.24

Median

-61.99

Minimum

-868.23

Maximum

243.23

Ocean Biomedical, Inc. (OCEA) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Ocean Biomedical, 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 = 243.23

Minimum Annual Increase = -11577.65%

Minimum Annual PE Ratio = -868.23

Quarterly (TTM)
Annual
YearPE RatioChange
2022243.23-11577.65%
2021-2.12-98.26%
2020-121.86-85.96%

Ocean Biomedical, Inc. (OCEA) Average PE Ratio

How has OCEA PE Ratio performed in the past?

The current PE Ratio of Ocean Biomedical, Inc. (OCEA) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

39.75

5-year avg

-187.24

10-year avg

-187.24

Ocean Biomedical, Inc. (OCEA) PE Ratio vs. Peers

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

Ocean Biomedical, Inc.’s PE Ratio is greater than Enveric Biosciences, Inc. (-0.36), less than Hepion Pharmaceuticals, Inc. (-0.15), greater than Elevation Oncology, Inc. (-0.93), less than AVROBIO, Inc. (2.07), less than CohBar, Inc. (-0.20), greater than Zura Bio Limited (-9.00), less than eFFECTOR Therapeutics, Inc. (-0.00),

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