Bright Minds Biosciences's quarterly market cap
increased
from Jun. 2024 (C$6.16 Mil) to Sep. 2024 (C$6.65 Mil) and
increased
from Sep. 2024 (C$6.65 Mil) to Dec. 2024 (C$360.63 Mil).
Bright Minds Biosciences's annual market cap
declined
from Sep. 2022 (C$29.90 Mil) to Sep. 2023 (C$8.11 Mil) and
declined
from Sep. 2023 (C$8.11 Mil) to Sep. 2024 (C$6.65 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. Bright Minds Biosciences's Enterprise Value for Today is C$309.84 Mil.
Bright Minds Biosciences 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 Bright Minds Biosciences's Market Cap
For the Biotechnology subindustry, Bright Minds Biosciences'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.
Bright Minds Biosciences's Market Cap Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Bright Minds Biosciences's Market Cap distribution charts can be found below:
* The bar in red indicates where Bright Minds Biosciences'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.
Bright Minds Biosciences's Market Cap for the fiscal year that ended in Sep. 2024 is calculated as
* 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.
Bright Minds Biosciences (XCNQ:DRUG) 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.
Bright Minds Biosciences Market Cap Related Terms
Thank you for viewing the detailed overview of Bright Minds Biosciences's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Bright Minds Biosciences Inc is focused on developing novel transformative treatments for neuropsychiatric disorders, epilepsy, and pain. The company has a portfolio of next-generation serotonin agonists designed to target neurocircuit abnormalities that are responsible for difficult to treat disorders such as resistant epilepsy, treatment resistant depression, PTSD, and pain. The company's drugs have been designed to potentially retain the powerful therapeutic aspects of psychedelic and other serotonergic compounds, while minimizing the side effects, thereby creating superior drugs to first-generation compounds, such as psilocybin.
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