BioNote, Inc.'s (KRX:377740) 38% Price Boost Is Out Of Tune With Earnings
Aug 16
South Korean (KOSPI) Biotech Industry Analysis
UpdatedAug 16, 2024
DataAggregated Company Financials
Companies114
- 7D0.2%
- 3M11.5%
- 1Y34.4%
- YTD3.6%
The Biotech industry has been flat over the last week, but ALTEOGEN has lost 3.1%. The past year has been better, since the industry has gained 34% in that time. Earnings are forecast to grow by 54% annually.
Industry Valuation and Performance
Has the South Korean Biotech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 17 Aug 2024 | ₩92.3t | ₩9.9t | -₩651,620,427,048.00 | 24.6x | -141.7x | 9.4x |
| Mon, 15 Jul 2024 | ₩88.2t | ₩9.9t | -₩651,620,427,048.00 | 23.2x | -135.4x | 8.9x |
| Wed, 12 Jun 2024 | ₩84.9t | ₩9.9t | -₩635,976,480,448.00 | 20.7x | -133.6x | 8.6x |
| Fri, 10 May 2024 | ₩82.0t | ₩9.6t | -₩567,818,034,968.00 | 22.7x | -144.5x | 8.5x |
| Sun, 07 Apr 2024 | ₩78.8t | ₩9.6t | -₩665,568,465,312.00 | 20x | -118.5x | 8.2x |
| Tue, 05 Mar 2024 | ₩78.0t | ₩9.7t | -₩534,696,541,747.00 | 58x | -145.9x | 8x |
| Thu, 01 Feb 2024 | ₩73.0t | ₩9.7t | -₩537,261,689,777.00 | 62.6x | -135.9x | 7.5x |
| Sat, 30 Dec 2023 | ₩67.9t | ₩10.1t | -₩324,278,048,367.00 | 29.3x | -209.3x | 6.7x |
| Mon, 27 Nov 2023 | ₩58.7t | ₩10.1t | -₩315,312,804,519.00 | 25.9x | -186.2x | 5.8x |
| Wed, 25 Oct 2023 | ₩52.8t | ₩10.2t | -₩239,053,318,689.00 | 28.7x | -220.9x | 5.2x |
| Fri, 22 Sep 2023 | ₩56.7t | ₩10.2t | -₩239,053,318,689.00 | 29.3x | -237x | 5.6x |
| Sun, 20 Aug 2023 | ₩57.5t | ₩10.2t | -₩213,622,992,279.00 | 36.2x | -269.1x | 5.6x |
| Tue, 18 Jul 2023 | ₩57.0t | ₩10.3t | -₩151,534,704,579.00 | 26.5x | -376.2x | 5.6x |
| Thu, 15 Jun 2023 | ₩61.1t | ₩10.3t | -₩151,534,704,579.00 | 27.8x | -403.1x | 6x |
| Sat, 13 May 2023 | ₩61.2t | ₩11.0t | ₩317.8b | 26.5x | 192.5x | 5.6x |
| Mon, 10 Apr 2023 | ₩62.0t | ₩11.0t | ₩318.9b | 24.5x | 194.4x | 5.6x |
| Wed, 08 Mar 2023 | ₩57.7t | ₩11.3t | ₩968.2b | 24.9x | 59.6x | 5.1x |
| Fri, 03 Feb 2023 | ₩61.4t | ₩11.3t | ₩970.8b | 25x | 63.3x | 5.4x |
| Sun, 01 Jan 2023 | ₩58.5t | ₩11.4t | ₩685.0b | 23x | 85.5x | 5.1x |
| Tue, 29 Nov 2022 | ₩59.4t | ₩10.8t | ₩174.5b | 23x | 340.4x | 5.5x |
| Thu, 27 Oct 2022 | ₩59.2t | ₩10.8t | ₩348.0b | 19.2x | 170x | 5.5x |
| Sat, 24 Sep 2022 | ₩57.4t | ₩10.8t | ₩391.5b | 20.9x | 146.7x | 5.3x |
| Mon, 22 Aug 2022 | ₩72.0t | ₩10.8t | ₩617.8b | 24.2x | 116.5x | 6.6x |
| Wed, 20 Jul 2022 | ₩71.2t | ₩10.7t | ₩597.6b | 24.5x | 119.1x | 6.7x |
| Fri, 17 Jun 2022 | ₩60.5t | ₩10.6t | ₩627.1b | 23.2x | 96.5x | 5.7x |
| Sun, 15 May 2022 | ₩64.1t | ₩10.0t | ₩871.4b | 25.7x | 73.5x | 6.4x |
| Tue, 12 Apr 2022 | ₩71.4t | ₩10.0t | ₩898.1b | 28x | 79.5x | 7.1x |
| Thu, 10 Mar 2022 | ₩73.4t | ₩9.4t | ₩769.1b | 34.2x | 95.4x | 7.8x |
| Sat, 05 Feb 2022 | ₩75.6t | ₩9.4t | ₩787.4b | 33.5x | 96x | 8.1x |
| Mon, 03 Jan 2022 | ₩92.1t | ₩9.4t | ₩787.4b | 39.4x | 117x | 9.8x |
| Wed, 01 Dec 2021 | ₩95.3t | ₩9.4t | ₩796.7b | 40x | 119.7x | 10.2x |
| Fri, 29 Oct 2021 | ₩98.7t | ₩9.2t | ₩988.3b | 38.6x | 99.9x | 10.7x |
| Sun, 26 Sep 2021 | ₩116.3t | ₩9.2t | ₩986.1b | 42.9x | 117.9x | 12.6x |
| Tue, 24 Aug 2021 | ₩119.5t | ₩9.3t | ₩909.7b | 50.7x | 131.4x | 12.9x |
Price to Earnings Ratio
131.4x
Current Industry PE
- Investors are optimistic on the South Korean Biotechs industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 7.2x is lower than the industry's current PS ratio of 9.4x.
Past Earnings Growth
- Total earnings for the Biotechs industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the South Korean Healthcare industry?
| KR Market | 3.58% | |
| Healthcare | -0.38% | |
| Biotech | 0.17% | |
| Biotech | 0.17% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| A302440 SK bioscienceLtd | ₩58.80k | 6.1% +₩261.2b | -22.4% | PE164.7x | |
| A068270 Celltrion | ₩197.20k | 0.6% +₩247.0b | 31.1% | PE103.3x | |
| A214450 PharmaResearch | ₩188.10k | 9.4% +₩166.4b | 37.4% | PE25.5x | |
| A145020 Hugel | ₩272.00k | 4.0% +₩115.2b | 128.6% | PE30.6x | |
| A005690 Pharmicell | ₩7.04k | 30.4% +₩98.4b | 1.1% | n/a |
