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Neuren Pharmaceuticals Ltd
ASX:NEU

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Neuren Pharmaceuticals Ltd
ASX:NEU
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Price: 12.18 AUD 0.33% Market Closed
Market Cap: AU$1.5B

P/B

4.6
Current
50%
Cheaper
vs 3-y average of 9.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.6
=
Market Cap
AU$1.5B
/
Total Equity
AU$338.5m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.6
=
Market Cap
AU$1.5B
/
Total Equity
AU$338.5m

Valuation Scenarios

Neuren Pharmaceuticals Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (9.1), the stock would be worth AU$24.3 (100% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-41%
Maximum Upside
+166%
Average Upside
63%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.6 AU$12.18
0%
3-Year Average 9.1 AU$24.3
+100%
5-Year Average 12.1 AU$32.4
+166%
Industry Average 5.8 AU$15.58
+28%
Country Average 2.7 AU$7.15
-41%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Neuren Pharmaceuticals Ltd
ASX:NEU
1.5B AUD 4.6 50.7
US
Eli Lilly and Co
NYSE:LLY
867B USD 31.4 40.4
US
Johnson & Johnson
NYSE:JNJ
555.4B USD 6.7 26.1
CH
Roche Holding AG
SIX:ROG
248.4B CHF 7.7 20.1
UK
AstraZeneca PLC
LSE:AZN
216.4B GBP 5.9 28
CH
Novartis AG
SIX:NOVN
223.1B CHF 5.9 19.5
US
Merck & Co Inc
NYSE:MRK
283.6B USD 5.3 15.2
IE
Endo International PLC
LSE:0Y5F
244.4B USD -58.7 -83.6
DK
Novo Nordisk A/S
CSE:NOVO B
1.1T DKK 6 11.4
US
Pfizer Inc
NYSE:PFE
151.6B USD 1.8 19.7
US
Bristol-Myers Squibb Co
NYSE:BMY
118.8B USD 6.4 16.7
P/E Multiple
Earnings Growth PEG
AU
Neuren Pharmaceuticals Ltd
ASX:NEU
Average P/E: 24.8
50.7
77%
0.7
US
Eli Lilly and Co
NYSE:LLY
40.4
32%
1.3
US
Johnson & Johnson
NYSE:JNJ
26.1
8%
3.3
CH
Roche Holding AG
SIX:ROG
20.1
14%
1.4
UK
AstraZeneca PLC
LSE:AZN
28
25%
1.1
CH
Novartis AG
SIX:NOVN
19.5
14%
1.4
US
Merck & Co Inc
NYSE:MRK
15.2
14%
1.1
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -83.6 N/A N/A
DK
Novo Nordisk A/S
CSE:NOVO B
11.4
0%
N/A
US
Pfizer Inc
NYSE:PFE
19.7
22%
0.9
US
Bristol-Myers Squibb Co
NYSE:BMY
16.7
16%
1

Market Distribution

Higher than 71% of companies in Australia
Percentile
71st
Based on 2 062 companies
71st percentile
4.6
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Neuren Pharmaceuticals Ltd
Glance View

Market Cap
1.5B AUD
Industry
Pharmaceuticals

Founded in 1993, Neuren Pharmaceuticals Ltd has carved a niche for itself within the biotech industry, focusing primarily on neurological and neurodevelopmental disorders. The company operates at the intriguing intersection of innovation and medicine, where the stakes are high, but so are the potential rewards. Neuren has its headquarters in Australia and has oriented its research towards developing therapies that could change the lives of those affected by conditions like Rett syndrome and Fragile X syndrome. By adopting a strategic approach that combines cutting-edge science with a relentless focus on unmet needs, Neuren positions itself uniquely through its proprietary compounds such as trofinetide and NNZ-2591, which are at the core of its research endeavors. The company's business model hinges on a dual approach: developing its own drugs while simultaneously fostering partnerships with larger pharmaceutical companies to bring these therapies to market. This model allows Neuren to share the substantial costs and risks inherent in drug development while benefiting from the expanse of its partners' distribution networks and market insights. Revenue generation kicks in primarily through milestone payments, royalties, and licensing agreements as these partners help navigate the rigorous phases of clinical trials and regulatory approvals. Financial stability is thus intricately tied to clinical successes and strategic alliances, allowing Neuren to balance the speculative nature of biotech investments with the promise of transformative medical breakthroughs.

NEU Intrinsic Value
11.52 AUD
Overvaluation 5%
Intrinsic Value
Price AU$12.18
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