Is Abeona Therapeutics, Inc. overvalued or undervalued?
As of August 12, 2024, Abeona Therapeutics, Inc. is considered overvalued with a valuation grade of "does not qualify" due to negative financial metrics, including a Price to Book Value of 8.33 and a negative ROE of -164.21%, significantly underperforming compared to peers like Talaris Therapeutics and Protalix Biotherapeutics.
As of 12 August 2024, the valuation grade for Abeona Therapeutics, Inc. has moved from risky to does not qualify, indicating a significant deterioration in its financial standing. The company is currently considered overvalued, particularly given its negative financial metrics. The Price to Book Value stands at 8.33, while the EV to EBIT and EV to EBITDA ratios are at -4.03 and -4.27, respectively, reflecting a lack of profitability.In comparison to its peers, Abeona Therapeutics shows a stark contrast with Talaris Therapeutics, which has an EV to EBITDA of -2.2059, and Protalix Biotherapeutics, which is rated attractive with a P/E of 27.9073. The negative ROE of -164.21% further emphasizes the company's struggles, making it difficult to justify its current price of 5.81, especially as it has underperformed against the S&P 500 over various time frames.
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