Current and historical daily PE Ratio for Lexaria Bioscience Corp (
) from 2021 to Jun 19 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. Lexaria Bioscience stock (LEXXW) PE ratio as of Jun 19 2024 is 9999.
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Lexaria Bioscience Corp (LEXXW) PE Ratio (TTM) Chart
Lexaria Bioscience Corp (LEXXW) PE Ratio (TTM) Historical Data
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Lexaria Bioscience Corp (LEXXW) PE Ratio (TTM) Comparison
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Business Description
Business Description
![Lexaria Bioscience Corp Lexaria Bioscience Corp logo](https://static.gurufocus.com/logos/0C00000Z01.png?14)
Lexaria Bioscience Corp
NAICS : 325412
SIC : 2834
Share Class Description:
LEXXW: Warrants (11/01/2026)Description
Lexaria Bioscience Corp's patented drug delivery technology, DehydraTECH improves the way active pharmaceutical ingredients enter the bloodstream by promoting more effective oral delivery. DehydraTECH has the ability to increase bio-absorption with cannabinoids and nicotine by 5-10x and, in some instances with cannabinoids by as much as 27x compared to standard industry formulations, reduce the time of onset from 1-2 hours to minutes, and mask unwanted tastes. DehydraTECH has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier. The Company has four reportable segments: Intellectual Property Licensing, B2B Production, Research and Development and Corporate. It earns maximum revenue from Intellectual Property Licensing.