PTGXProtagonist Therapeutics, Inc.

$145.88

Is the price fair?

What PTGX's price assumes

Protagonist Therapeutics, Inc. trades at 143× earnings against 31.5× for the median Biotechnology name, more expensive than its own group.

143

Trailing P/E · Biotechnology median 31.5 · 4.54× the median: the market pays up for this one

Price / sales
100

Price / sales · as of 2026-Q1

Free cash flow yield
1.7%

Free cash flow yield · Biotechnology median 2.4%

Growth the price implies
+20%

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
29.9
Biotechnology median P/E158 names
31.5
Free cash flow, trailing twelve months
$131M
Market capitalisation
$7.89B

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