PRAX (Praxis Precision Medicines) Piotroski F-Score: 4 (As of Jun. 25, 2026) — Near Median


PRAX Praxis Precision Medicines Inc PRAX
38 GF Score
Price $312.78
GF Value $30.36
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Praxis Precision Medicines Piotroski F-Score?

Praxis Precision Medicines PRAX +1.24% 38 Piotroski F-Score is 4 as of Jun. 25, 2026, which is at its 10-year median of 4.00. GuruFocus rates PRAX with a GF Score™ of 38/100 and a GF Value™ of $30.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,342 Biotechnology companies, Praxis Precision Medicines ranks better than 74.22% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Praxis Precision Medicines has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Praxis Precision Medicines's Piotroski F-Score or its related term are showing as below:

PRAX' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 5
Current: 4

During the past 8 years, the highest Piotroski F-Score of Praxis Precision Medicines was 5. The lowest was 1. And the median was 4.

Praxis Precision Medicines  (NAS:PRAX) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Praxis Precision Medicines Piotroski F-Score Related Terms


Praxis Precision Medicines Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Praxis Precision Medicines's Piotroski F-Score 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.

Praxis Precision Medicines Piotroski F-Score Chart

Praxis Precision Medicines Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 2.00 1.00 5.00 4.00 3.00

Praxis Precision Medicines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 4.00 4.00 4.00 3.00 4.00

PRAX vs KRYS, CYTK, NUVL: Piotroski F-Score Comparison

For the Biotechnology subindustry, Praxis Precision Medicines's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Praxis Precision Medicines Piotroski F-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Praxis Precision Medicines's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Praxis Precision Medicines's Piotroski F-Score falls into.


PRAX
38GF Score
Praxis Precision Medicines Inc PRAX
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -71.127 + -73.934 + -88.911 + -92.561 = $-326.53 Mil.
Cash Flow from Operations was -54.676 + -65.057 + -76.325 + -86.152 = $-282.21 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(478.736 + 452.832 + 396.388 + 937.907 + 1460.202) / 5 = $745.213 Mil.
Total Assets at the begining of this year (Mar25) was $478.74 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $797.77 Mil.
Total Current Liabilities was $50.24 Mil.
Net Income was -32.677 + -51.91 + -58.679 + -69.296 = $-212.56 Mil.

Revenue was 0.357 + 0.302 + 7.463 + 0 = $8.12 Mil.
Gross Profit was 0.357 + 0.302 + 7.463 + 0 = $8.12 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(250.409 + 441.063 + 416.256 + 483.11 + 478.736) / 5 = $413.9148 Mil.
Total Assets at the begining of last year (Mar24) was $250.41 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $333.58 Mil.
Total Current Liabilities was $39.52 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Praxis Precision Medicines's current Net Income (TTM) was -326.53. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Praxis Precision Medicines's current Cash Flow from Operations (TTM) was -282.21. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=-326.533/478.736
=-0.68207321

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-212.562/250.409
=-0.84885927

Praxis Precision Medicines's return on assets of this year was -0.68207321. Praxis Precision Medicines's return on assets of last year was -0.84885927. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Praxis Precision Medicines's current Net Income (TTM) was -326.53. Praxis Precision Medicines's current Cash Flow from Operations (TTM) was -282.21. ==> -282.21 > -326.53 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/745.213
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/413.9148
=0

Praxis Precision Medicines's gearing of this year was 0. Praxis Precision Medicines's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=797.774/50.241
=15.87894349

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=333.575/39.522
=8.44023582

Praxis Precision Medicines's current ratio of this year was 15.87894349. Praxis Precision Medicines's current ratio of last year was 8.44023582. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Praxis Precision Medicines's number of shares in issue this year was 28.884. Praxis Precision Medicines's number of shares in issue last year was 21.056. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8.122/8.122
=1

Praxis Precision Medicines's gross margin of this year was . Praxis Precision Medicines's gross margin of last year was 1. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=0/478.736
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=8.122/250.409
=0.03243494

Praxis Precision Medicines's asset turnover of this year was 0. Praxis Precision Medicines's asset turnover of last year was 0.03243494. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+1+1+1+1+0+0+0
=4

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Praxis Precision Medicines has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Praxis Precision Medicines (PRAX) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Praxis Precision Medicines and its competitors. This is near median its historical median of 4.00. Over the past decade, Praxis Precision Medicines' Piotroski F-Score has ranged from 1.00 to 5.00. According to the industry distribution chart, Praxis Precision Medicines ranks #346 out of 1342 companies in the Biotechnology industry, placing it in the top 25.8%.
Is Praxis Precision Medicines' Piotroski F-Score too high?
Praxis Precision Medicines' current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 5.00. The Biotechnology industry median Piotroski F-Score is 3.00. Praxis Precision Medicines' value of 4 is 33.3% above this industry median. Based on the distribution chart, Praxis Precision Medicines ranks #346 out of 1342 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Praxis Precision Medicines has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Praxis Precision Medicines' Piotroski F-Score compare to KRYS and CYTK?
According to the Biotechnology industry distribution chart, Praxis Precision Medicines ranks #346 out of 1342 companies for Piotroski F-Score. This puts Praxis Precision Medicines in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Praxis Precision Medicines' value of 4 is 33.3% above this benchmark. Historically, Praxis Precision Medicines' own Piotroski F-Score has ranged from 1.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, Praxis Precision Medicines has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,342 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Praxis Precision Medicines's current Piotroski F-Score of 4 is 33.3% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Praxis Precision Medicines and its competitors. For the Biotechnology industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Praxis Precision Medicines's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Praxis Precision Medicines stock overvalued right now?
Based on GuruFocus' analysis, Praxis Precision Medicines (PRAX) is currently considered Significantly Overvalued. The stock's GF Value™ is $30.36, compared to a current price of $312.78 — trading 930.2% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 33.3% above the Biotechnology industry median of 3.00. Praxis Precision Medicines' overall GF Score™ is 38/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Praxis Precision Medicines (PRAX), the current Piotroski F-Score is 4 as of Jun. 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.

Is Praxis Precision Medicines (PRAX) Overvalued in 2026?

Based on GuruFocus' analysis, Praxis Precision Medicines stock appears to be overvalued. The current stock price of $312.78 is trading 930.2% above its estimated GF Value™ of $30.36. GuruFocus considers Praxis Precision Medicines to be Significantly Overvalued.

Key valuation signals for PRAX:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: $30.36 vs. price of $312.78 (930.2% above fair value)
  • GF Score™: 38/100 with 1 warning sign
  • Industry Position: 33.3% above the Biotechnology median (#346 of 1342)

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


Praxis Precision Medicines Business Description

Address 99 High Street, 30th Floor, Boston, MA, USA, 02110
Praxis Precision Medicines Inc is a clinical-stage biopharmaceutical company. It is engaged in translating genetic insights into the development of therapies for patients affected by central nervous system disorders characterized by a neuronal excitation-inhibition imbalance. The company applies genetic insights to the discovery and development of therapies for neurological disorders through two proprietary platforms: Cerebrum and Solidus. It has established a diversified, multimodal CNS portfolio with four clinical-stage product candidates across movement disorders and epilepsy, which include Ulixacaltamide, Relutrigine, Vormatrigine, and Elsunersen. The firm operates in only one segment and is focused on discovering and developing therapies for CNS disorders.
38GF Score

Get the complete analysis for PRAX

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

$312.78
Price
$30.36
GF Value