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Praxis Precision Medicines's quarterly market cap
increased
from Sep. 2025 ($1,121.80 Mil) to Dec. 2025 ($7,425.97 Mil) and
increased
from Dec. 2025 ($7,425.97 Mil) to Mar. 2026 ($8,976.21 Mil).
Praxis Precision Medicines's annual market cap
increased
from Dec. 2023 ($195.89 Mil) to Dec. 2024 ($1,494.72 Mil) and
increased
from Dec. 2024 ($1,494.72 Mil) to Dec. 2025 ($7,425.97 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 $7,461.39 Mil.
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
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.
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 Market Cap vs 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.
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 (PRAX) has a Market Cap of $8,246.82 Mil as of Jul. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Praxis Precision Medicines and its competitors. According to the industry distribution chart, Praxis Precision Medicines ranks #52 out of 1421 companies in the Biotechnology industry, placing it in the top 3.7%.
Is Praxis Precision Medicines' Market Cap too high?
Praxis Precision Medicines' current Market Cap is $8,246.82 Mil. The Biotechnology industry median Market Cap is 111.82. Praxis Precision Medicines' value of $8,246.82 Mil is 7275.2% above this industry median. Based on the distribution chart, Praxis Precision Medicines ranks #52 out of 1421 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. 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' Market Cap compare to KYMR and SYRE?
According to the Biotechnology industry distribution chart, Praxis Precision Medicines ranks #52 out of 1421 companies for Market Cap. This places Praxis Precision Medicines in the top 4% of its industry — outperforming the majority of peers. The industry median Market Cap is 111.82. Praxis Precision Medicines' value of $8,246.82 Mil is 7275.2% 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 Market Cap for a Biotechnology company?
The median Market Cap among Biotechnology companies is 111.82, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Praxis Precision Medicines's current Market Cap of $8,246.82 Mil is 7275.2% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Praxis Precision Medicines and its competitors. For the Biotechnology industry, the median Market Cap is 111.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Praxis Precision Medicines's current Market Cap is $8,246.82 Mil. 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 $24.35, compared to a current price of $295.81 — trading 1114.8% above its estimated fair value. The current Market Cap is $8,246.82 Mil and 7275.2% above the Biotechnology industry median of 111.82. Praxis Precision Medicines' overall GF Score™ is 38/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Praxis Precision Medicines (PRAX), the current Market Cap is $8,246.82 Mil as of Jul. 29, 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 $295.81 is trading 1114.8% above its estimated GF Value™ of $24.35.
GuruFocus considers Praxis Precision Medicines to be Significantly Overvalued.
Key valuation signals for PRAX:
Market Cap: $8,246.82 Mil
GF Value™: $24.35 vs. price of $295.81 (1114.8% above fair value)
Industry Position: 7275.2% above the Biotechnology median (#52 of 1421)
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 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.
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