PsyBio Therapeutics EV/EBIT
What is the EV/EBIT of PsyBio Therapeutics?
The EV/EBIT of PsyBio Therapeutics Corp. is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Health Care sector on TSXV compared to PsyBio Therapeutics
What does PsyBio Therapeutics do?
PsyBio Therapeutics Corp., a biotechnology company, focuses on the research, development, and commercialization of psychedelic-inspired regulated medicines for the treatment of mental health and other disorders in the United States. The company is headquartered in Coconut Creek, Florida.
Companies with ev/ebit similar to PsyBio Therapeutics
- Insignia Systems has EV/EBIT of N/A
- Pacwest Bancorp has EV/EBIT of N/A
- Orletto Capital II has EV/EBIT of N/A
- Hometogo Se Eo 1 has EV/EBIT of N/A
- Cyclacel Pharmaceuticals Inc has EV/EBIT of N/A
- Blue Thunder Mining has EV/EBIT of N/A
- PsyBio Therapeutics has EV/EBIT of N/A
- ERYTECH Pharma S.A has EV/EBIT of N/A
- Arrival has EV/EBIT of N/A
- TRU Precious Metals has EV/EBIT of N/A
- Sunniva has EV/EBIT of N/A
- HighPoint Resources Corp has EV/EBIT of N/A
- Deccan Gold Mines has EV/EBIT of N/A