Phoenix Biotech Acquisition Corp.

Phoenix Biotech Acquisition Corp.verified

PBAX

Price:

$5.85

Market Cap:

$36.47M

Phoenix Biotech Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It engages in identifying and acquiring a business that focuses on the healthcare or healthcare related industries in the United States and Europe. The company was incorporated in 2021 and is based in Oakland, California.[Read more]

Industry

Shell Companies

IPO Date

2021-11-30

Stock Exchange

NASDAQ

Ticker

PBAX

The PE Ratio as of September 2024 (TTM) for Phoenix Biotech Acquisition Corp. (PBAX) is -16.71

According to Phoenix Biotech Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -16.71. This represents a change of -80.18% compared to the average of -84.34 of the last 4 quarters.

Phoenix Biotech Acquisition Corp. (PBAX) Historical PE Ratio (quarterly & annually)

How has PBAX PE Ratio performed in the past?

The mean historical PE Ratio of Phoenix Biotech Acquisition Corp. over the last ten years is -498.50. The current -16.71 PE Ratio has changed 235.29% with respect to the historical average. Over the past ten years (40 quarters), PBAX's PE Ratio was at its highest in in the September 2022 quarter at 686.00. The PE Ratio was at its lowest in in the December 2022 quarter at -224.63.

Quarterly (TTM)
Annual

Average

-498.50

Median

-498.50

Minimum

-721.74

Maximum

-275.25

Phoenix Biotech Acquisition Corp. (PBAX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Phoenix Biotech Acquisition 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 = 0%

Maximum Annual PE Ratio = -275.25

Minimum Annual Increase = -61.86%

Minimum Annual PE Ratio = -721.74

Quarterly (TTM)
Annual
YearPE RatioChange
2022-275.25-61.86%

Phoenix Biotech Acquisition Corp. (PBAX) Average PE Ratio

How has PBAX PE Ratio performed in the past?

The current PE Ratio of Phoenix Biotech Acquisition Corp. (PBAX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-498.50

5-year avg

-498.50

10-year avg

-498.50

Phoenix Biotech Acquisition Corp. (PBAX) PE Ratio vs. Peers

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

Phoenix Biotech Acquisition Corp.’s PE Ratio is less than Patria Latin American Opportunity Acquisition Corp. (0), less than Target Global Acquisition I Corp. (28.15), less than Power & Digital Infrastructure Acquisition II Corp. (146.89), less than Stratim Cloud Acquisition Corp. (277.75), less than null (550.16),

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