ProMIS Neurosciences, Inc.

DB:23J0 Stock Report

Market Cap: €17.9m

ProMIS Neurosciences Valuation

Is 23J0 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 23J0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 23J0's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 23J0's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 23J0?

Key metric: As 23J0 is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 23J0. This is calculated by dividing 23J0's market cap by their current book value.
What is 23J0's PB Ratio?
PB Ratio2.6x
BookUS$7.27m
Market CapUS$18.92m

Price to Book Ratio vs Peers

How does 23J0's PB Ratio compare to its peers?

The above table shows the PB ratio for 23J0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average12.2x
MDG1 Medigene
0.9x11.0%€17.0m
VSC 4SC
45.8xn/a€50.2m
CNW co.don
1xn/a€6.5m
2INV 2invest
1xn/a€64.4m
23J0 ProMIS Neurosciences
2.6xn/a€18.9m

Price-To-Book vs Peers: 23J0 is good value based on its Price-To-Book Ratio (2.6x) compared to the peer average (15.9x).


Price to Book Ratio vs Industry

How does 23J0's PB Ratio compare vs other companies in the DE Biotechs Industry?

3 CompaniesPrice / BookEstimated GrowthMarket Cap
V9Z Aceragen
0.1xn/aUS$3.12m
V9Z Aceragen
0.1xn/aUS$2.18m
O7P NeuBase Therapeutics
0.1xn/aUS$1.39m
No more companies available in this PB range
23J0 2.6xIndustry Avg. 2.4xNo. of Companies3PB00.61.21.82.43+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 23J0 is expensive based on its Price-To-Book Ratio (2.6x) compared to the European Biotechs industry average (2.4x).


Price to Book Ratio vs Fair Ratio

What is 23J0's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

23J0 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 23J0's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 23J0 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.87
€8.27
+850.0%
8.2%€8.95€7.59n/a2
Nov ’25€1.04
€8.07
+675.7%
8.6%€8.76€7.38n/a2
Oct ’25€1.00
€8.05
+705.4%
9.0%€8.78€7.33n/a2
Sep ’25€1.05
€8.05
+667.1%
9.0%€8.78€7.33n/a2
Aug ’25€1.20
€8.08
+573.6%
8.6%€8.78€7.39n/a2
Jul ’25€1.26
€8.12
+544.6%
8.5%€8.81€7.43n/a2
Jun ’25€1.44
€8.09
+462.0%
8.8%€8.81€7.38n/a2
May ’25€1.74
€8.21
+371.6%
8.6%€8.91€7.50n/a2
Apr ’25€1.56
€12.36
+692.5%
40.6%€17.38€7.35n/a2
Mar ’25€1.85
€12.36
+568.3%
40.6%€17.38€7.35n/a2
Feb ’25€1.72
€12.36
+618.8%
40.6%€17.38€7.35n/a2
Jan ’25€0.99
€12.36
+1,142.5%
40.6%€17.38€7.35n/a2
Dec ’24€1.06
€12.36
+1,066.3%
40.6%€17.38€7.35n/a2
Nov ’24€1.63
€12.65
+676.2%
40.2%€17.74€7.57€1.042

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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