Protagonist Therapeutics (MEX:PTGX) Enterprise Value: MXN138,642 Mil (As of Jul. 12, 2026) ***


MEX:PTGX Protagonist Therapeutics Inc MEX:PTGX
47 GF Score
Price MXN1,565.33
GF Value MXN751.22
! 7 Warning Signs
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What is Protagonist Therapeutics Enterprise Value?

Protagonist Therapeutics MEX:PTGX 47 Enterprise Value is MXN138,642 Mil as of Jul. 12, 2026. GuruFocus rates MEX:PTGX with a GF Score™ of 47/100 and a GF Value™ of MXN751.22. The stock has 7 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Protagonist Therapeutics's Enterprise Value is MXN138,642 Mil. Protagonist Therapeutics's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-2,616 Mil. Therefore, Protagonist Therapeutics's EV-to-EBIT ratio for today is -53.01.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Protagonist Therapeutics's Enterprise Value is MXN138,642 Mil. Protagonist Therapeutics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-2,589 Mil. Therefore, Protagonist Therapeutics's EV-to-EBITDA ratio for today is -53.55.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Protagonist Therapeutics's Enterprise Value is MXN138,642 Mil. Protagonist Therapeutics's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was MXN1,341 Mil. Therefore, Protagonist Therapeutics's EV-to-Revenue ratio for today is 103.37.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Protagonist Therapeutics's Enterprise Value is MXN138,642 Mil. Protagonist Therapeutics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-2,126 Mil. Therefore, Protagonist Therapeutics's EV-to-OCF ratio for today is -65.22.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Protagonist Therapeutics's Enterprise Value is MXN138,642 Mil. Protagonist Therapeutics's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-2,149 Mil. Therefore, Protagonist Therapeutics's EV-to-FCF ratio for today is -64.51.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Protagonist Therapeutics  (MEX:PTGX) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Protagonist Therapeutics's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=138642.490/-2615.614
=-53.01

Protagonist Therapeutics's current Enterprise Value is MXN138,642 Mil.
Protagonist Therapeutics'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 MXN-2,616 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Protagonist Therapeutics's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=138642.490/-2589.159
=-53.55

Protagonist Therapeutics's current Enterprise Value is MXN138,642 Mil.
Protagonist Therapeutics's EBITDA 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 MXN-2,589 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Protagonist Therapeutics's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=138642.490/1341.24
=103.37

Protagonist Therapeutics's current Enterprise Value is MXN138,642 Mil.
Protagonist Therapeutics's Revenue 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 MXN1,341 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Protagonist Therapeutics's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=138642.490/-2125.772
=-65.22

Protagonist Therapeutics's current Enterprise Value is MXN138,642 Mil.
Protagonist Therapeutics's Cash Flow from Operations 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 MXN-2,126 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Protagonist Therapeutics's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=138642.490/-2149.164
=-64.51

Protagonist Therapeutics's current Enterprise Value is MXN138,642 Mil.
Protagonist Therapeutics's Free Cash Flow 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 MXN-2,149 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.


Protagonist Therapeutics Enterprise Value Related Terms


Protagonist Therapeutics Enterprise Value Historical Data

* Premium members only.

The historical data trend for Protagonist Therapeutics's Enterprise Value 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.

Protagonist Therapeutics Enterprise Value Chart

Protagonist Therapeutics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 87,925.31

Protagonist Therapeutics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 64,941.11 87,925.31 90,834.68

MEX:PTGX vs IMVT, SYRE, MIRM: Enterprise Value Comparison

For the Biotechnology subindustry, Protagonist Therapeutics's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Protagonist Therapeutics Enterprise Value vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Protagonist Therapeutics's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Protagonist Therapeutics's Enterprise Value falls into.


MEX:PTGX
47GF Score
Protagonist Therapeutics Inc MEX:PTGX
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Protagonist Therapeutics Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Protagonist Therapeutics's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Protagonist Therapeutics's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of MXN138,642 Mil mean?
Protagonist Therapeutics (MEX:PTGX) has a Enterprise Value of MXN138,642 Mil as of Jul. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Protagonist Therapeutics and its competitors.
Is Protagonist Therapeutics' Enterprise Value too high?
Protagonist Therapeutics' current Enterprise Value is MXN138,642 Mil. Overall, Protagonist Therapeutics has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Protagonist Therapeutics' Enterprise Value compare to IMVT and SYRE?
Protagonist Therapeutics' Enterprise Value of MXN138,642 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Biotechnology company?
A good Enterprise Value depends on the Biotechnology industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Protagonist Therapeutics and its competitors. Protagonist Therapeutics's current Enterprise Value is MXN138,642 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Protagonist Therapeutics stock overvalued right now?
Protagonist Therapeutics (MEX:PTGX) has a current Enterprise Value of MXN138,642 Mil. The stock's GF Value™ is MXN751.22, compared to a current price of MXN1,565.33 — trading 108.4% above its estimated fair value. The current Enterprise Value is MXN138,642 Mil. Protagonist Therapeutics' overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Protagonist Therapeutics (MEX:PTGX), the current Enterprise Value is MXN138,642 Mil as of Jul. 12, 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 Protagonist Therapeutics (MEX:PTGX) Overvalued in 2026?

Based on GuruFocus' analysis, Protagonist Therapeutics stock appears to be overvalued. The current stock price of MXN1,565.33 is trading 108.4% above its estimated GF Value™ of MXN751.22.

Key valuation signals for MEX:PTGX:

  • Enterprise Value: MXN138,642 Mil
  • GF Value™: MXN751.22 vs. price of MXN1,565.33 (108.4% above fair value)
  • GF Score™: 47/100 with 7 warning signs

No single metric tells the full story. See the MEX:PTGX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Protagonist Therapeutics Business Description

Other Exchanges PTGX:USA
Address 7707 Gateway Boulevard, Suite 140, Newark, CA, USA, 94560
Protagonist Therapeutics Inc is a biopharmaceutical company engaged in the discovery and development of peptide-based therapeutics using its proprietary technology platform. The company focuses on three therapeutic areas: inflammation and immunology, hematology, and metabolic diseases. Its pipeline includes clinical-stage and preclinical candidates such as rusfertide for polycythemia vera, icotrokinra for inflammatory diseases, and other programs targeting IL-17, obesity, and iron metabolism disorders, developed through internal research and strategic collaborations.
47GF Score

Get the complete analysis for MEX:PTGX

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,565.33
Price
MXN751.22
GF Value