UPB (Upstream Bio) EV-to-EBIT: -0.32 (As of Jul. 25, 2026)

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UPB Upstream Bio Inc UPB
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What is Upstream Bio EV-to-EBIT?

Upstream Bio UPB +0.16% 10 EV-to-EBIT is -0.32 as of Jul. 25, 2026. GuruFocus rates UPB with a GF Score™ of 10/100. The stock has 1 warning sign investors should review. Among 376 Biotechnology companies, Upstream Bio ranks worse than 265957.18% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Upstream Bio's Enterprise Value is $55.37 Mil. Upstream Bio's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-171.96 Mil. Therefore, Upstream Bio's EV-to-EBIT for today is -0.32.

The historical rank and industry rank for Upstream Bio's EV-to-EBIT or its related term are showing as below:

UPB' s EV-to-EBIT Range Over the Past 10 Years
Min: -17.11   Med: -1.69   Max: 1.29
Current: -0.32

During the past 4 years, the highest EV-to-EBIT of Upstream Bio was 1.29. The lowest was -17.11. And the median was -1.69.

UPB's EV-to-EBIT is ranked worse than
100% of 376 companies
in the Biotechnology industry
Industry Median: 12.945 vs UPB: -0.32

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Upstream Bio's Enterprise Value for the quarter that ended in Mar. 2026 was $196.32 Mil. Upstream Bio's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-171.96 Mil. Upstream Bio's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -87.60%.


Upstream Bio  (NAS:UPB) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Upstream Bio's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-171.963/196.315
=-87.60 %

Upstream Bio's Enterprise Value for the quarter that ended in Mar. 2026 was $196.32 Mil.
Upstream Bio's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-171.96 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Upstream Bio EV-to-EBIT Related Terms


Upstream Bio EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Upstream Bio's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Upstream Bio EV-to-EBIT Chart

Upstream Bio Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
0.00 0.00 -5.31 -7.06

Upstream Bio Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 -1.63 -4.59 -7.06 -1.14

UPB vs OABI, VNDA, LXEO: EV-to-EBIT Comparison

For the Biotechnology subindustry, Upstream Bio's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Upstream Bio EV-to-EBIT vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Upstream Bio's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Upstream Bio's EV-to-EBIT falls into.


UPB
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Upstream Bio Inc UPB
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Upstream Bio EV-to-EBIT Calculation

Upstream Bio's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=55.367/-171.963
=-0.32

Upstream Bio's current Enterprise Value is $55.37 Mil.
Upstream Bio's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-171.96 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -0.32 mean?
Upstream Bio (UPB) has a EV-to-EBIT of -0.32 as of Jul. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Upstream Bio and its competitors. According to the industry distribution chart, Upstream Bio ranks #999999 out of 376 companies in the Biotechnology industry.
Is Upstream Bio's EV-to-EBIT too high?
Upstream Bio's current EV-to-EBIT is -0.32. Based on the distribution chart, Upstream Bio ranks #999999 out of 376 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Upstream Bio has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Upstream Bio's EV-to-EBIT compare to OABI and VNDA?
According to the Biotechnology industry distribution chart, Upstream Bio ranks #999999 out of 376 companies for EV-to-EBIT. This places Upstream Bio in the lower half of its industry. The industry median EV-to-EBIT is 12.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Biotechnology company?
The median EV-to-EBIT among Biotechnology companies is 12.95, based on 376 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Upstream Bio and its competitors. For the Biotechnology industry, the median EV-to-EBIT is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Upstream Bio's current EV-to-EBIT is -0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upstream Bio stock overvalued right now?
Upstream Bio (UPB) has a current EV-to-EBIT of -0.32. The current EV-to-EBIT is -0.32. Upstream Bio's overall GF Score™ is 10/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Upstream Bio (UPB), the current EV-to-EBIT is -0.32 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Upstream Bio Business Description

Address 890 Winter Street, Suite 200, Waltham, MA, USA, 02451
Upstream Bio Inc is a clinical-stage biotechnology company developing treatments for inflammatory diseases, with an initial focus on severe respiratory disorders. It is developing verekitug, the known antagonist currently in clinical development that targets the receptor for Thymic Stromal Lymphopoietin (TSLP), a cytokine that is a clinically validated driver of inflammatory response positioned upstream of multiple signaling cascades that affect a variety of immune-mediated diseases. Verekitug has advanced into three separate world-wide, placebo-controlled, randomized Phase 2 clinical trials, two completed in chronic rhinosinusitis with nasal polyps (CRSwNP) and severe asthma, and one ongoing in chronic obstructive pulmonary disease (COPD).
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