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Ocular Therapeutix Inc
NASDAQ:OCUL

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Ocular Therapeutix Inc
NASDAQ:OCUL
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Price: 9.49 USD -1.04% Market Closed
Market Cap: $2.1B

P/S

37.6
Current
97%
More Expensive
vs 3-y average of 19.1

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
37.6
=
Market Cap
$1.8B
/
Revenue
$52m

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
37.6
=
Market Cap
$1.8B
/
Revenue
$52m

Valuation Scenarios

Ocular Therapeutix Inc is trading above its 3-year average

If P/S returns to its 3-Year Average (19.1), the stock would be worth $4.82 (49% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-94%
Maximum Upside
No Upside Scenarios
Average Downside
72%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 37.6 $9.49
0%
3-Year Average 19.1 $4.82
-49%
5-Year Average 17.5 $4.41
-54%
Industry Average 2.7 $0.67
-93%
Country Average 2.4 $0.62
-94%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
$1.8B
/
Jan 2026
$52m
=
37.6
Current
$1.8B
/
Dec 2026
$56.1m
=
32.4
Forward
$1.8B
/
Dec 2027
$109.9m
=
16.5
Forward
$1.8B
/
Dec 2028
$305.4m
=
5.9
Forward
$1.8B
/
Dec 2029
$627.1m
=
2.9
Forward
$1.8B
/
Dec 2030
$1B
=
1.7
Forward
$1.8B
/
Dec 2031
$1.4B
=
1.3
Forward
$1.8B
/
Dec 2032
$1.9B
=
1
Forward
$1.8B
/
Dec 2033
$2.2B
=
0.8
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
Ocular Therapeutix Inc
NASDAQ:OCUL
2B USD 37.6 -7.3
US
Eli Lilly and Co
NYSE:LLY
835.2B USD 12.8 40.5
US
Johnson & Johnson
NYSE:JNJ
547.8B USD 5.7 26
CH
Roche Holding AG
SIX:ROG
248.4B CHF 4.2 20.1
UK
AstraZeneca PLC
LSE:AZN
216.4B GBP 4.9 28
CH
Novartis AG
SIX:NOVN
223.1B CHF 4.8 19.5
US
Merck & Co Inc
NYSE:MRK
276.9B USD 4.3 15.2
IE
Endo International PLC
LSE:0Y5F
244.4B USD 105.4 -83.6
DK
Novo Nordisk A/S
CSE:NOVO B
1.1T DKK 3.8 11.4
US
Pfizer Inc
NYSE:PFE
153.5B USD 2.5 19.8
US
Bristol-Myers Squibb Co
NYSE:BMY
118.2B USD 2.5 16.8
P/E Multiple
Earnings Growth PEG
US
Ocular Therapeutix Inc
NASDAQ:OCUL
Average P/E: 21.9
Negative Multiple: -7.3
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
40.5
32%
1.3
US
Johnson & Johnson
NYSE:JNJ
26
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
19.8
22%
0.9
US
Bristol-Myers Squibb Co
NYSE:BMY
16.8
16%
1

Market Distribution

Higher than 95% of companies in the United States of America
Percentile
95th
Based on 11 520 companies
95th percentile
37.6
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

Ocular Therapeutix Inc
Glance View

Market Cap
2.1B USD
Industry
Pharmaceuticals

Ocular Therapeutix Inc., nestled in the bustling biotechnology hub of Bedford, Massachusetts, is forging a new path in the ophthalmic treatment landscape. At its core, the company's mission pivots on the innovation and commercialization of novel therapies that address significant unmet needs in eye care. By leveraging its proprietary hydrogel technology, Ocular Therapeutix has developed a rich pipeline of both drug delivery and ophthalmic surgical products. Its flagship product, DEXTENZA, stands as a beacon of its innovative approach, offering an alternative to traditional drug delivery methods by releasing medication directly to the target site through a bioresorbable hydrogel implant. This targeted drug delivery not only enhances treatment efficacy but also addresses the age-old challenge of patient compliance in eye care, providing a significant competitive advantage in the market. Financially, Ocular Therapeutix develops its sustainability through a multi-pronged strategy that involves direct sales, licensing agreements, and strategic partnerships. Revenue is primarily generated from sales of its marketed products and milestones achieved through partnerships with other pharmaceutical companies. DEXTENZA and the upcoming products from its pipeline continue to chart new territory in securing market share by offering superior clinical outcomes. The company’s innovative technologies also open doors for licensing deals, providing a steady revenue stream as they partner with global firms that recognize the potential of personalized ophthalmic care. By threading together scientific innovation, strategic commercialization, and robust industry partnerships, Ocular Therapeutix positions itself not just as a biotech company, but as a transformative player aiming to redefine the ophthalmic treatment paradigm.

OCUL Intrinsic Value
2.48 USD
Overvaluation 74%
Intrinsic Value
Price $9.49
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