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Elevation Oncology Inc
NASDAQ:ELEV

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Elevation Oncology Inc
NASDAQ:ELEV
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Price: 0.365 USD -2.12% Market Closed
Market Cap: $21.6m

P/E

-0.5
Current
9%
Cheaper
vs 3-y average of -0.5

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

P/E
-0.5
=
Market Cap
$21.6m
/
Net Income
$-48m

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

P/E
-0.5
=
Market Cap
$21.6m
/
Net Income
$-48m

Valuation Scenarios

Elevation Oncology Inc is trading above its industry average

If P/E returns to its Industry Average (19.1), the stock would be worth $-15.5 (4 347% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-5 177%
Maximum Upside
No Upside Scenarios
Average Downside
4 762%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -0.5 $0.37
0%
Industry Average 19.1 $-15.5
-4 347%
Country Average 22.9 $-18.53
-5 177%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Peer Comparison

All Countries
Close
Earnings Growth PEG
US
Elevation Oncology Inc
NASDAQ:ELEV
Average P/E: 34.1
Negative Multiple: -0.5
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
83.4
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
23.8
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
18.6
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.4
19%
1.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.5
14%
1.2
NL
argenx SE
XBRU:ARGX
37.9
30%
1.3
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
30.3
9%
3.4

Market Distribution

Lower than 100% of companies in the United States of America
Percentile
0th
Based on 8 489 companies
0th percentile
-0.5
Low
0 — 15.3
Typical Range
15.3 — 33.2
High
33.2 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 15.3
Median 22.9
70th Percentile 33.2
Max 1 826 183.3

Elevation Oncology Inc
Glance View

Market Cap
21.6m USD
Industry
Biotechnology

Elevation Oncology, Inc. operates as a precision oncology company. The company is headquartered in New York City, New York and currently employs 35 full-time employees. The company went IPO on 2021-06-25. The firm is focused on the development of targeted therapeutics for the treatment of cancer in genomically-defined patient populations. The company focuses on identifying oncogenic drivers with other driver alterations and in the conduct of clinical trials. Its lead drug development candidate, seribantumab, is an Anti-HER3 monoclonal antibody and potential targeted therapy for solid tumors driven by neuregulin-1 (NRG1) fusions, which are genomic alterations that are identified as oncogenic driver alterations. Its NRG1 is the primary activating ligand of HER3. The firm's clinical trial, CRESTONE, is a Phase II study of seribantumab in cancer patients with a solid tumor of any origin that expresses a genomic change called an NRG1 fusion.

ELEV Intrinsic Value
1.047 USD
Undervaluation 65%
Intrinsic Value
Price $0.365
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