Evaxion ASEVAX -1.25%29 Forward PE Ratio is 0.97 as of Jul. 12, 2026. GuruFocus rates EVAX with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 354 Biotechnology companies, Evaxion AS ranks better than 94.63% on this metric.
Evaxion AS (NAS:EVAX) 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 .
Evaxion AS Forward PE Ratio Related Terms
Evaxion AS Forward PE Ratio Historical Data
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The historical data trend for Evaxion AS'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.
Evaxion AS Forward PE Ratio Chart
Evaxion AS Annual Data
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Evaxion AS Quarterly Data
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EVAX vs SER, NRSN, IGC: Forward PE Ratio Comparison
For the Biotechnology subindustry, Evaxion AS'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.
Evaxion AS Forward PE Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Evaxion AS's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Evaxion AS'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.
Evaxion AS (EVAX) has a Forward PE Ratio of 0.97 as of Jul. 12, 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 Evaxion AS and its competitors. According to the industry distribution chart, Evaxion AS ranks #19 out of 354 companies in the Biotechnology industry, placing it in the top 5.4%.
Is Evaxion AS's Forward PE Ratio too high?
Evaxion AS's current Forward PE Ratio is 0.97. The Biotechnology industry median Forward PE Ratio is 22.13. Evaxion AS's value of 0.97 is 95.6% below this industry median. Based on the distribution chart, Evaxion AS ranks #19 out of 354 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Evaxion AS has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Evaxion AS's Forward PE Ratio compare to SER and NRSN?
According to the Biotechnology industry distribution chart, Evaxion AS ranks #19 out of 354 companies for Forward PE Ratio. This places Evaxion AS in the top 5% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 22.13. Evaxion AS's value of 0.97 is 95.6% below 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 22.13, 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. Evaxion AS's current Forward PE Ratio of 0.97 is 95.6% below 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 Evaxion AS and its competitors. For the Biotechnology industry, the median Forward PE Ratio is 22.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evaxion AS's current Forward PE Ratio is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evaxion AS stock overvalued right now?
Evaxion AS (EVAX) has a current Forward PE Ratio of 0.97. The current Forward PE Ratio is 0.97 and 95.6% below the Biotechnology industry median of 22.13. Evaxion AS's overall GF Score™ is 29/100 with 2 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 Evaxion AS (EVAX), the current Forward PE Ratio is 0.97 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.
Evaxion AS is a clinical-stage TechBio company developing novel vaccines with its proprietary, clinically validated and scalable AI platform, AI-Immunology. The platform harnesses the power of artificial intelligence to decode the human immune system and develop novel vaccine candidates for cancer and infectious diseases for patients in the market. Evaxion has developed a clinical-stage oncology pipeline of novel personalised vaccines and a preclinical infectious disease pipeline in bacterial and viral diseases with high unmet medical needs. The group is committed to transforming patients' lives by providing inventive and targeted treatment options.
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