PTGXProtagonist Therapeutics, Inc.

$151.50

Is the price fair?

What PTGX's price assumes

Protagonist Therapeutics, Inc. trades at 149× earnings against 32.4× for the median Biotechnology name, more expensive than its own group.

149

Trailing P/E · Biotechnology median 32.4 · 4.59× the median: the market pays up for this one

Price / sales
100

Price / sales · as of 2026-Q1

Free cash flow yield
1.8%

Free cash flow yield · Biotechnology median 2.5%

Growth the price implies
+19%

Growth the price implies · What free cash flow would have to do every year for a decade to justify today's price, discounted at 9.0%.

Details
Price / book2026-Q1
11.3
Healthcare median P/E362 names
31.5
Biotechnology median P/E158 names
32.4
Free cash flow, trailing twelve months
$131M
Market capitalisation
$7.26B

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.