TVTX (Travere Therapeutics) Market Cap: $6,193.4 Mil (As of Aug. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TVTX Travere Therapeutics Inc TVTX
61 GF Score
Price $65.71
GF Value $36.75
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Travere Therapeutics Market Cap?

Travere Therapeutics TVTX +1.96% 61 Market Cap is $6,193.4 Mil as of Aug. 22, 2026. GuruFocus rates TVTX with a GF Score™ of 61/100 and a GF Value™ of $36.75 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,422 Biotechnology companies, Travere Therapeutics ranks better than 95.01% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Travere Therapeutics's share price for the quarter that ended in Jun. 2026 was $56.81. Travere Therapeutics's Shares Outstanding (EOP) for the quarter that ended in Jun. 2026 was 94.2 Mil. Therefore, Travere Therapeutics's market cap for the quarter that ended in Jun. 2026 was $5,350.1 Mil.

Travere Therapeutics's quarterly market cap declined from Dec. 2025 ($3,474.2 Mil) to Mar. 2026 ($2,745.3 Mil) but then increased from Mar. 2026 ($2,745.3 Mil) to Jun. 2026 ($5,350.1 Mil).

Travere Therapeutics's annual market cap increased from Dec. 2023 ($677.5 Mil) to Dec. 2024 ($1,523.4 Mil) and increased from Dec. 2024 ($1,523.4 Mil) to Dec. 2025 ($3,474.2 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. Travere Therapeutics's Enterprise Value for Today is $6,321.2 Mil.


Travere Therapeutics  (NAS:TVTX) 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 company’s 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.


Travere Therapeutics Market Cap Related Terms


Travere Therapeutics Market Cap Historical Data

* Premium members only.

The historical data trend for Travere Therapeutics's Market Cap 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.

Travere Therapeutics Market Cap Chart

Travere Therapeutics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,939.72 1,352.04 677.55 1,523.43 3,474.17

Travere Therapeutics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Market Cap 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 1,318.71 2,138.02 3,474.17 2,745.32 5,350.08

TVTX vs ORKA, DNTH, SRRK: Market Cap Comparison

For the Biotechnology subindustry, Travere Therapeutics'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.


Travere Therapeutics Market Cap vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Travere Therapeutics's Market Cap distribution charts can be found below:

* The bar in red indicates where Travere Therapeutics's Market Cap falls into.


TVTX
61GF Score
Travere Therapeutics Inc TVTX
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Travere Therapeutics 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.

Travere Therapeutics's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=$38.21*90.923
=$3,474.2

Travere Therapeutics's Market Cap for the quarter that ended in Jun. 2026 is calculated as

Market Cap (Q: Jun. 2026 )=Share Price (Q: Jun. 2026 )*Shares Outstanding (EOP) (Q: Jun. 2026 )
=$56.81*94.175
=$5,350.1

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of $6,193.4 Mil mean?
Travere Therapeutics (TVTX) has a Market Cap of $6,193.4 Mil as of Aug. 22, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Travere Therapeutics and its competitors. According to the industry distribution chart, Travere Therapeutics ranks #71 out of 1422 companies in the Biotechnology industry, placing it in the top 5%.
Is Travere Therapeutics' Market Cap too high?
Travere Therapeutics' current Market Cap is $6,193.4 Mil. The Biotechnology industry median Market Cap is 122.48. Travere Therapeutics' value of $6,193.4 Mil is 4956.7% above this industry median. Based on the distribution chart, Travere Therapeutics ranks #71 out of 1422 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Travere Therapeutics has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Travere Therapeutics' Market Cap compare to ORKA and DNTH?
According to the Biotechnology industry distribution chart, Travere Therapeutics ranks #71 out of 1422 companies for Market Cap. This places Travere Therapeutics in the top 5% of its industry — outperforming the majority of peers. The industry median Market Cap is 122.48. Travere Therapeutics' value of $6,193.4 Mil is 4956.7% 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 122.48, based on 1,422 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. Travere Therapeutics's current Market Cap of $6,193.4 Mil is 4956.7% 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 Travere Therapeutics and its competitors. For the Biotechnology industry, the median Market Cap is 122.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Travere Therapeutics's current Market Cap is $6,193.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Travere Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Travere Therapeutics (TVTX) is currently considered Significantly Overvalued. The stock's GF Value™ is $36.75, compared to a current price of $65.71 — trading 78.8% above its estimated fair value. The current Market Cap is $6,193.4 Mil and 4956.7% above the Biotechnology industry median of 122.48. Travere Therapeutics' overall GF Score™ is 61/100 with 4 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 Travere Therapeutics (TVTX), the current Market Cap is $6,193.4 Mil as of Aug. 22, 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 Travere Therapeutics (TVTX) Overvalued in 2026?

Based on GuruFocus' analysis, Travere Therapeutics stock appears to be overvalued. The current stock price of $65.71 is trading 78.8% above its estimated GF Value™ of $36.75. GuruFocus considers Travere Therapeutics to be Significantly Overvalued.

Key valuation signals for TVTX:

  • Market Cap: $6,193.4 Mil
  • GF Value™: $36.75 vs. price of $65.71 (78.8% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 4956.7% above the Biotechnology median (#71 of 1422)

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


Travere Therapeutics Business Description

Address 3611 Valley Centre Drive, Suite 300, San Diego, CA, USA, 92130
Travere Therapeutics Inc is a biopharmaceutical company. The company is focused on identifying, developing and delivering life-changing therapies to people living with rare kidney, liver, and metabolic diseases. Its pipeline candidate, sparsentan, is an investigational product candidate in late-stage development for focal segmental glomerulosclerosis (FSGS) and IgA nephropathy (IgAN)-rare kidney disorders that often cause end-stage kidney disease. It is also advancing pegtibatinase, a novel investigational enzyme replacement therapy for the treatment of HCU, a genetic disorder caused by a deficiency in a pivotal enzyme essential to the body.
61GF Score

Get the complete analysis for TVTX

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

$65.71
Price
$36.75
GF Value