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Candel TherapeuticsCADL +7.38%30 Forward PE Ratio is 65.09 as of Jul. 18, 2026. GuruFocus rates CADL with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 354 Biotechnology companies, Candel Therapeutics ranks worse than 79.1% on this metric.
Candel Therapeutics (NAS:CADL) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Candel Therapeutics Forward PE Ratio Related Terms
Candel Therapeutics Forward PE Ratio Historical Data
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The historical data trend for Candel Therapeutics's Forward PE Ratio 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.
Candel Therapeutics Forward PE Ratio Chart
Candel Therapeutics Annual Data
Trend
2024-12
Forward PE Ratio
45.00
Candel Therapeutics Quarterly Data
2024-12
Forward PE Ratio
45.00
CADL vs AURA, RIGL, NVCT: Forward PE Ratio Comparison
For the Biotechnology subindustry, Candel Therapeutics's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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.
Candel Therapeutics Forward PE Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Candel Therapeutics's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Candel Therapeutics's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Candel Therapeutics (CADL) has a Forward PE Ratio of 65.09 as of Jul. 18, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Candel Therapeutics and its competitors. According to the industry distribution chart, Candel Therapeutics ranks #280 out of 354 companies in the Biotechnology industry, placing it in the top 79.1%.
Is Candel Therapeutics' Forward PE Ratio too high?
Candel Therapeutics' current Forward PE Ratio is 65.09. The Biotechnology industry median Forward PE Ratio is 21.97. Candel Therapeutics' value of 65.09 is 196.3% above this industry median. Based on the distribution chart, Candel Therapeutics ranks #280 out of 354 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Candel Therapeutics has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Candel Therapeutics' Forward PE Ratio compare to AURA and RIGL?
According to the Biotechnology industry distribution chart, Candel Therapeutics ranks #280 out of 354 companies for Forward PE Ratio. This places Candel Therapeutics in the lower half of its industry. The industry median Forward PE Ratio is 21.97. Candel Therapeutics' value of 65.09 is 196.3% 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 Forward PE Ratio for a Biotechnology company?
The median Forward PE Ratio among Biotechnology companies is 21.97, based on 354 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Candel Therapeutics's current Forward PE Ratio of 65.09 is 196.3% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Candel Therapeutics and its competitors. For the Biotechnology industry, the median Forward PE Ratio is 21.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candel Therapeutics's current Forward PE Ratio is 65.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candel Therapeutics stock overvalued right now?
Candel Therapeutics (CADL) has a current Forward PE Ratio of 65.09. The current Forward PE Ratio is 65.09 and 196.3% above the Biotechnology industry median of 21.97. Candel Therapeutics' overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Candel Therapeutics (CADL), the current Forward PE Ratio is 65.09 as of Jul. 18, 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.
Candel Therapeutics Inc is a clinical stage biopharmaceutical company focused on developing off-the-shelf viral immunotherapies that elicit an individualized, systemic anti-tumor immune response to help patients fight cancer. The immune cells induced by these viral immunotherapies are believed to target patients' specific tumor antigens, potentially improving responses in immunologically hot tumors while at the same time infiltrating the tumor microenvironment, transforming non-inflamed cold tumors with limited immune response into hot tumors. The company has established two clinical off-the-shelf viral immunotherapy platforms based on novel, genetically modified adenovirus and herpes simplex virus (HSV) constructs, respectively.
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