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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Innovent Biologics's enterprise value is $18,914 Mil.
Innovent Biologics's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $212 Mil. Therefore, Innovent Biologics's EV-to-EBITDA for today is 89.02.
The historical rank and industry rank for Innovent Biologics's EV-to-EBITDA or its related term are showing as below:
IVBXF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -152.08 Med: -20.35 Max: 372.08
Current: 89.16
During the past 10 years, the highest EV-to-EBITDA of Innovent Biologics was 372.08. The lowest was -152.08. And the median was -20.35.
IVBXF's EV-to-EBITDA is ranked worse than 90.23% of 399
companies
in the Biotechnology industry
Industry Median: 13.39
vs IVBXF: 89.16
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Innovent Biologics's PE Ratio (TTM) for today is calculated as:
Innovent Biologics's share price for today is $12.374.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Innovent Biologics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.064.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Innovent Biologics's EV-to-EBITDA 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.
IVBXF vs VRTX, REGN, RVMD: EV-to-EBITDA Comparison
For the Biotechnology subindustry, Innovent Biologics's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Innovent Biologics EV-to-EBITDA vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Innovent Biologics's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Innovent Biologics's EV-to-EBITDA falls into.
Innovent Biologics's current Enterprise Value is $18,914 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Innovent Biologics's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $212 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.
Innovent Biologics (IVBXF) has a EV-to-EBITDA of 89.02 as of Aug. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Innovent Biologics. According to the industry distribution chart, Innovent Biologics ranks #360 out of 399 companies in the Biotechnology industry, placing it in the top 90.2%.
Is Innovent Biologics' EV-to-EBITDA too high?
Innovent Biologics' current EV-to-EBITDA is 89.02. The Biotechnology industry median EV-to-EBITDA is 13.39. Innovent Biologics' value of 89.02 is 564.8% above this industry median. Based on the distribution chart, Innovent Biologics ranks #360 out of 399 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Innovent Biologics has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovent Biologics' EV-to-EBITDA compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Innovent Biologics ranks #360 out of 399 companies for EV-to-EBITDA. This places Innovent Biologics in the lower half of its industry. The industry median EV-to-EBITDA is 13.39. Innovent Biologics' value of 89.02 is 564.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Biotechnology company?
The median EV-to-EBITDA among Biotechnology companies is 13.39, based on 399 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovent Biologics's current EV-to-EBITDA of 89.02 is 564.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Innovent Biologics. For the Biotechnology industry, the median EV-to-EBITDA is 13.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovent Biologics's current EV-to-EBITDA is 89.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovent Biologics stock overvalued right now?
Based on GuruFocus' analysis, Innovent Biologics (IVBXF) is currently considered Fairly Valued. The stock's GF Value™ is $13.58, compared to a current price of $12.37 — trading 8.9% below its estimated fair value. The current EV-to-EBITDA is 89.02 and 564.8% above the Biotechnology industry median of 13.39. Innovent Biologics' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Innovent Biologics (IVBXF), the current EV-to-EBITDA is 89.02 as of Aug. 14, 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.
Is Innovent Biologics (IVBXF) Overvalued in 2026?
Based on GuruFocus' analysis, Innovent Biologics stock appears to be undervalued.
The current stock price of $12.37 is trading 8.9% below its estimated GF Value™ of $13.58.
GuruFocus considers Innovent Biologics to be Fairly Valued.
Key valuation signals for IVBXF:
EV-to-EBITDA: 89.02
GF Value™: $13.58 vs. price of $12.37 (8.9% below fair value)
Industry Position: 564.8% above the Biotechnology median (#360 of 399)
No single metric tells the full story. See the IVBXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovent Biologics is one of the leading biotechnology companies in China. Listed on the Hong Kong stock exchange in 2018, Innovent has 12 commercialized oncology products and four commercialized nononcology products as of January 2026, and 34 drugs in its research and development pipeline. Its core assets are Tyvyt, a PD-1 inhibitor included in the National Reimbursement Drug Lists (NRDL) for the first-line treatment of five major cancers, and mazdutide, a GLP-1/glucagon dual agonist drug for weight loss, fat breakdown, and Type 2 diabetes. Mazdutide is the first domestic GLP-1 drug produced and competes with Eli Lilly and Novo Nordisk in China. Tyvyt's main competition includes drugs from Junshi, Jiangsu Hengrui, BeOne, Merck, and Bristol Myers.
78GF Score
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