Virax Biolabs Group Limited

Virax Biolabs Group Limitedverified

VRAX

Price:

$3.51

Market Cap:

$15.24M

Virax Biolabs Group Limited, a biotechnology company, sells, distributes, and markets diagnostics test kits, and med-tech and PPE products for the prevention, detection, diagnosis, and risk management of viral diseases in the field of immunology. The company provides rapid antibody IgC/IgM tests, antigen tests, polymerase chain reaction rapid tests, and neutralizing antibody tests under the ViraxClear brand name; and med-tech and PPE products, such as employee protection equipment products under the ViraxCare brand name, as well as infrared thermometers, pulse oximeters, masks, gloves, and other PPE products. It also distributes nebulizing machines and smart wearable devices that alert emplo...[Read more]

Industry

Biotechnology

IPO Date

2022-07-21

Stock Exchange

NASDAQ

Ticker

VRAX

The ROE as of September 2024 (TTM) for Virax Biolabs Group Limited (VRAX) is -115.10%

According to Virax Biolabs Group Limited’s latest financial reports and current stock price. The company's current ROE is -115.10%. This represents a change of 137.28% compared to the average of -48.51% of the last 4 quarters.

Virax Biolabs Group Limited (VRAX) Historical ROE (quarterly & annually)

How has VRAX ROE performed in the past?

The mean historical ROE of Virax Biolabs Group Limited over the last ten years is 35.02%. The current -115.10% ROE has changed -428.64% with respect to the historical average. Over the past ten years (40 quarters), VRAX's ROE was at its highest in in the March 2022 quarter at 118.66%. The ROE was at its lowest in in the March 2024 quarter at -71.25%.

Quarterly (TTM)
Annual

Average

35.02%

Median

75.86%

Minimum

-125.47%

Maximum

175.34%

Virax Biolabs Group Limited (VRAX) ROE by Quarter and Year

Discovering the peaks and valleys of Virax Biolabs Group Limited ROE, 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 = 109.82%

Maximum Annual ROE = 175.34%

Minimum Annual Increase = -134.10%

Minimum Annual ROE = -125.47%

Quarterly (TTM)
Annual
YearROEChange
2024-125.47%109.82%
2023-59.80%-134.10%
2022175.34%60.58%
2021109.19%43.94%

Virax Biolabs Group Limited (VRAX) Average ROE

How has VRAX ROE performed in the past?

The current ROE of Virax Biolabs Group Limited (VRAX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-3.31%

5-year avg

35.02%

10-year avg

35.02%

Virax Biolabs Group Limited (VRAX) ROE vs. Peers

How is VRAX’s ROE compared to its peers?

Virax Biolabs Group Limited’s ROE is greater than Blue Water Vaccines, Inc. (-111.44%), greater than Revelation Biosciences, Inc. (-243.91%), greater than Hillstream BioPharma, Inc. (-47249.59%), less than Kiora Pharmaceuticals, Inc. (15.57%), greater than Quoin Pharmaceuticals, Ltd. (-112.11%), greater than NeuroBo Pharmaceuticals, Inc. (-154.04%), greater than Cardio Diagnostics Holdings, Inc. (-308.99%), greater than Allarity Therapeutics, Inc. (-704.78%), less than Kiromic BioPharma, Inc. (337.72%), greater than Biodexa Pharmaceuticals Plc (-141.90%), less than Unicycive Therapeutics, Inc. (294.74%), greater than PaxMedica, Inc. Common Stock (-1151.68%),

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