Praxis Precision Medicines's quarterly market cap
increased
from Jun. 2024 ($734.39 Mil) to Sep. 2024 ($1,023.41 Mil) and
increased
from Sep. 2024 ($1,023.41 Mil) to Dec. 2024 ($1,494.72 Mil).
Praxis Precision Medicines's annual market cap
increased
from Dec. 2022 ($117.52 Mil) to Dec. 2023 ($195.89 Mil) and
increased
from Dec. 2023 ($195.89 Mil) to Dec. 2024 ($1,494.72 Mil).
Enterprise Value is 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 and cash equivalents. Praxis Precision Medicines's Enterprise Value for Today is $382.87 Mil.
Praxis Precision Medicines Market Cap Historical Data
* 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.
Competitive Comparison of Praxis Precision Medicines's Market Cap
For the Biotechnology subindustry, Praxis Precision Medicines's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Praxis Precision Medicines's Market Cap distribution charts can be found below:
* The bar in red indicates where Praxis Precision Medicines's Market Cap falls into.
Praxis Precision Medicines Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (NAS:PRAX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Praxis Precision Medicines Market Cap Related Terms
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Praxis Precision Medicines Inc is a clinical-stage biopharmaceutical company. The firm 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 firm's pipeline covers PRAX-114, for the treatment of a broad range of patients suffering from major depressive disorder and post-traumatic stress disorder; PRAX-944, for the treatment of Essential Tremor and Parkinson's Disease; PRAX-562, and PRAX-222, among others.
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