Pardes Biosciences, Inc.

Pardes Biosciences, Inc.verified

PRDS

Price:

$2.18

Market Cap:

$135.19M

Pardes Biosciences, Inc., a clinical stage biopharmaceutical company, focuses on discovering, developing, and commercializing novel therapeutics to improve the lives of patients suffering from life-threatening disease. Its lead candidate is the PBI-0451 that is in clinical development stage to treat and prevent severe acute respiratory syndrome coronavirus 2 infections and associated diseases. The company was incorporated in 2020 and is headquartered in Carlsbad, California.[Read more]

Industry

Biotechnology

IPO Date

2021-12-27

Stock Exchange

NASDAQ

Ticker

PRDS

The PE Ratio as of November 2024 (TTM) for Pardes Biosciences, Inc. (PRDS) is -1.70

According to Pardes Biosciences, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -1.70. This represents a change of 19.87% compared to the average of -1.42 of the last 4 quarters.

Pardes Biosciences, Inc. (PRDS) Historical PE Ratio (quarterly & annually)

How has PRDS PE Ratio performed in the past?

The mean historical PE Ratio of Pardes Biosciences, Inc. over the last ten years is -0.89. The current -1.70 PE Ratio has changed 19.07% with respect to the historical average. Over the past ten years (40 quarters), PRDS's PE Ratio was at its highest in in the December 2022 quarter at -0.50. The PE Ratio was at its lowest in in the March 2021 quarter at -31.18.

Quarterly (TTM)
Annual

Average

-0.89

Median

-1.05

Minimum

-1.61

Maximum

0

Pardes Biosciences, Inc. (PRDS) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Pardes Biosciences, 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 = 0

Minimum Annual Increase = -Infinity%

Minimum Annual PE Ratio = -1.61

Quarterly (TTM)
Annual
YearPE RatioChange
2022-1.05-34.87%
2021-1.61-Infinity%

Pardes Biosciences, Inc. (PRDS) Average PE Ratio

How has PRDS PE Ratio performed in the past?

The current PE Ratio of Pardes Biosciences, Inc. (PRDS) 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

-0.89

5-year avg

-0.89

10-year avg

-0.89

Pardes Biosciences, Inc. (PRDS) PE Ratio vs. Peers

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

Pardes Biosciences, Inc.’s PE Ratio is less than Shattuck Labs, Inc. (-0.69), greater than Eliem Therapeutics, Inc. (-2.42), greater than Champions Oncology, Inc. (-18.21), less than Century Therapeutics, Inc. (-0.79), greater than Neoleukin Therapeutics, Inc. (-5.86), greater than Instil Bio, Inc. (-2.26), less than Achilles Therapeutics plc (-0.64), less than NextCure, Inc. (-0.57), greater than Assembly Biosciences, Inc. (-2.34), less than CytomX Therapeutics, Inc. (5.48), less than Nuvation Bio Inc. (-1.44), greater than Ovid Therapeutics Inc. (-2.29), less than Connect Biopharma Holdings Limited (7.24),

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