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Apellis Pharmaceuticals Inc
NASDAQ:APLS

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Apellis Pharmaceuticals Inc
NASDAQ:APLS
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Price: 40.95 USD -0.1% Market Closed
Market Cap: $5.2B

P/S

5.2
Current
11%
Cheaper
vs 3-y average of 5.8

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
5.2
=
Market Cap
$5.1B
/
Revenue
$1B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
5.2
=
Market Cap
$5.1B
/
Revenue
$1B

Valuation Scenarios

Apellis Pharmaceuticals Inc is trading below its 3-year average

If P/S returns to its 3-Year Average (5.8), the stock would be worth $45.91 (12% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-53%
Maximum Upside
+199%
Average Upside
47%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 5.2 $40.95
0%
3-Year Average 5.8 $45.91
+12%
5-Year Average 15.4 $122.32
+199%
Industry Average 6.7 $53.38
+30%
Country Average 2.4 $19.31
-53%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
$5.1B
/
Jan 2026
$1B
=
5.2
Current
$5.1B
/
Dec 2026
$882.5m
=
5.8
Forward
$5.1B
/
Dec 2027
$1B
=
4.9
Forward
$5.1B
/
Dec 2028
$1.2B
=
4.3
Forward
$5.1B
/
Dec 2029
$1.4B
=
3.7
Forward
$5.1B
/
Dec 2030
$1.6B
=
3.3
Forward
$5.1B
/
Dec 2031
$1.7B
=
3
Forward
$5.1B
/
Dec 2032
$1.8B
=
2.9
Forward
$5.1B
/
Dec 2033
$1.9B
=
2.6
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
US
Apellis Pharmaceuticals Inc
NASDAQ:APLS
5.2B USD 5.2 231.6
FR
Pharnext SCA
OTC:PNEXF
6T USD 33 690 872.8 -160 127.7
US
Abbvie Inc
NYSE:ABBV
360.5B USD 5.9 86.1
US
Amgen Inc
NASDAQ:AMGN
182.2B USD 5 23.6
US
Gilead Sciences Inc
NASDAQ:GILD
159.9B USD 5.4 18.8
US
Epizyme Inc
F:EPE
94.1B EUR 2 091 -533.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
107.5B USD 9 27.2
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
72.5B USD 5.1 16.1
NL
argenx SE
XBRU:ARGX
40.6B EUR 11.4 36.7
US
Seagen Inc
F:SGT
39.3B EUR 20.1 -61.8
AU
CSL Ltd
ASX:CSL
62.1B AUD 2.7 29.8
P/S Multiple
Revenue Growth P/S to Growth
US
Apellis Pharmaceuticals Inc
NASDAQ:APLS
Average P/S: 3 063 003.1
5.2
6%
0.9
FR
Pharnext SCA
OTC:PNEXF
33 690 872.8
N/A N/A
US
Abbvie Inc
NYSE:ABBV
5.9
9%
0.7
US
Amgen Inc
NASDAQ:AMGN
5
3%
1.7
US
Gilead Sciences Inc
NASDAQ:GILD
5.4
5%
1.1
US
E
Epizyme Inc
F:EPE
2 091
N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
9
11%
0.8
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
5.1
10%
0.5
NL
argenx SE
XBRU:ARGX
11.4
28%
0.4
US
S
Seagen Inc
F:SGT
20.1
30%
0.7
AU
CSL Ltd
ASX:CSL
2.7
4%
0.7
P/E Multiple
Earnings Growth PEG
US
Apellis Pharmaceuticals Inc
NASDAQ:APLS
Average P/E: 58.7
231.6
68%
3.4
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
86.1
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
23.6
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
18.8
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.2
19%
1.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
16.1
14%
1.2
NL
argenx SE
XBRU:ARGX
36.7
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
29.8
9%
3.3

Market Distribution

Higher than 76% of companies in the United States of America
Percentile
76th
Based on 11 520 companies
76th percentile
5.2
Low
0 — 1.2
Typical Range
1.2 — 4.1
High
4.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.2
Median 2.4
70th Percentile 4.1
Max 4 613 274.2

Apellis Pharmaceuticals Inc
Glance View

In the realm of biotechnology, Apellis Pharmaceuticals Inc. has carved out a niche by pioneering therapies that target the complement system, an integral part of the immune response. Founded in 2009, the company quickly honed in on the inhibition of C3, a protein central to the activation of the complement cascade, which can drive various diseases when dysregulated. Through its proprietary platform, Apellis has developed novel therapeutic candidates that aim to modulate the immune system from an entirely fresh angle. The company focuses on addressing serious medical conditions that currently have limited treatment options, such as age-related macular degeneration (AMD) and paroxysmal nocturnal hemoglobinuria (PNH), by employing targeted therapies to reduce inflammation and improve patient outcomes. Apellis’s business strategy revolves around a model that not only aims to bring innovative treatments to market but also to establish partnerships that broaden the reach of its technology. The company's flagship drug, Empaveli, received FDA approval for PNH in 2021 and underscores its potential to capture larger market segments within rare disease treatment areas. By investing heavily in research and development, Apellis seeks to expand its pipeline while also collaborating with other firms to enhance its capabilities and share the risks and rewards associated with drug development. Revenue is generated primarily through sales of its approved therapies, as well as milestone payments and royalties from partnerships, setting Apellis on a path poised for growth if it continues to advance its clinical programs successfully.

APLS Intrinsic Value
40.58 USD
Overvaluation 1%
Intrinsic Value
Price $40.95
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