Praxis Precision Medicines, Inc.

Praxis Precision Medicines, Inc.verified

PRAX

Price:

$58.4

Market Cap:

$1.04B

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, develops therapies for central nervous system disorders characterized by neuronal imbalance. Its lead product candidates include PRAX-114, an extrasynaptic-preferring GABAA receptor positive allosteric modulator that is in Phase IIa clinical trial for the treatment of major depressive disorder and perimenopausal depression; and PRAX-944, a selective small molecule inhibitor of T-type calcium channels, which is in Phase IIa clinical trial for the treatment of essential tremor. The company is also developing PRAX-562, a persistent sodium current blocker that is in Phase I clinical trial to treat severe pediatric epil...[Read more]

Industry

Biotechnology

IPO Date

2020-10-16

Stock Exchange

NASDAQ

Ticker

PRAX

The PE Ratio as of September 2024 (TTM) for Praxis Precision Medicines, Inc. (PRAX) is -10.45

According to Praxis Precision Medicines, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -10.45. This represents a change of 172.97% compared to the average of -3.83 of the last 4 quarters.

Praxis Precision Medicines, Inc. (PRAX) Historical PE Ratio (quarterly & annually)

How has PRAX PE Ratio performed in the past?

The mean historical PE Ratio of Praxis Precision Medicines, Inc. over the last ten years is -2.87. The current -10.45 PE Ratio has changed 36.27% with respect to the historical average. Over the past ten years (40 quarters), PRAX's PE Ratio was at its highest in in the March 2023 quarter at -0.29. The PE Ratio was at its lowest in in the December 2020 quarter at -16.43.

Quarterly (TTM)
Annual

Average

-2.87

Median

-1.28

Minimum

-7.97

Maximum

-0.51

Praxis Precision Medicines, Inc. (PRAX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Praxis Precision Medicines, 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 = 565.22%

Maximum Annual PE Ratio = -0.51

Minimum Annual Increase = -89.73%

Minimum Annual PE Ratio = -7.97

Quarterly (TTM)
Annual
YearPE RatioChange
2023-1.19131.46%
2022-0.51-89.73%
2021-5.01-37.08%
2020-7.97565.22%
2019-1.20-11.92%

Praxis Precision Medicines, Inc. (PRAX) Average PE Ratio

How has PRAX PE Ratio performed in the past?

The current PE Ratio of Praxis Precision Medicines, Inc. (PRAX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-2.24

5-year avg

-3.18

10-year avg

-2.87

Praxis Precision Medicines, Inc. (PRAX) PE Ratio vs. Peers

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

Praxis Precision Medicines, Inc.’s PE Ratio is less than Molecular Partners AG (-2.54), less than Mineralys Therapeutics, Inc. (-4.79), less than AN2 Therapeutics, Inc. (-0.48), less than Pharvaris N.V. (-8.98), less than PepGen Inc. (-3.36), less than Theseus Pharmaceuticals, Inc. (-3.19), less than PMV Pharmaceuticals, Inc. (-1.60), less than Cullinan Oncology, Inc. (-6.52), greater than Enliven Therapeutics, Inc. (-12.94), less than Immuneering Corporation (-1.97), less than Anebulo Pharmaceuticals, Inc. (-5.80), less than Eliem Therapeutics, Inc. (-3.90), less than HCW Biologics Inc. (-0.59), less than Stoke Therapeutics, Inc. (-7.94), greater than Edgewise Therapeutics, Inc. (-13.60), greater than Crinetics Pharmaceuticals, Inc. (-16.51), greater than Dyne Therapeutics, Inc. (-12.42), greater than Revolution Medicines, Inc. (-14.06),

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