Corvus Pharmaceuticals, Inc.

NasdaqGM:CRVS Stock Report

Market Cap: US$515.4m

Corvus Pharmaceuticals Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 CRVS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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


Key Valuation Metric

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

Key metric: As CRVS 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 CRVS. This is calculated by dividing CRVS's market cap by their current book value.
What is CRVS's PB Ratio?
PB Ratio45.1x
BookUS$12.41m
Market CapUS$515.42m

Price to Book Ratio vs Peers

How does CRVS's PB Ratio compare to its peers?

The above table shows the PB ratio for CRVS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.9x
GRAL GRAIL
0.2x35.7%US$507.0m
ORGO Organogenesis Holdings
1.9x123.3%US$526.3m
CELC Celcuity
3.2x27.6%US$474.5m
GLUE Monte Rosa Therapeutics
2.5x20.1%US$513.6m
CRVS Corvus Pharmaceuticals
45.1x12.1%US$515.4m

Price-To-Book vs Peers: CRVS is expensive based on its Price-To-Book Ratio (45.1x) compared to the peer average (1.9x).


Price to Book Ratio vs Industry

How does CRVS's PB Ratio compare vs other companies in the US Biotechs Industry?

61 CompaniesPrice / BookEstimated GrowthMarket Cap
GRAL GRAIL
0.2x35.7%US$507.04m
NKTX Nkarta
0.4x-11.5%US$176.42m
IMAB I-Mab
0.4x1.8%US$79.81m
ACET Adicet Bio
0.4x6.7%US$79.69m
CRVS 45.1xIndustry Avg. 1.8xNo. of Companies84PB01.63.24.86.48+
61 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: CRVS is expensive based on its Price-To-Book Ratio (45.1x) compared to the US Biotechs industry average (1.8x).


Price to Book Ratio vs Fair Ratio

What is CRVS'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.

CRVS PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio45.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate CRVS'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 CRVS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$8.94
US$15.75
+76.2%
30.6%US$24.00US$12.00n/a4
Nov ’25US$9.10
US$12.25
+34.6%
43.3%US$21.00US$8.00n/a4
Oct ’25US$5.09
US$10.13
+98.9%
64.6%US$21.00US$3.50n/a4
Sep ’25US$4.48
US$7.88
+75.8%
38.2%US$12.00US$3.50n/a4
Aug ’25US$2.99
US$7.83
+162.0%
44.3%US$12.00US$3.50n/a3
Jul ’25US$1.85
US$7.83
+323.4%
44.3%US$12.00US$3.50n/a3
Jun ’25US$2.16
US$7.83
+262.7%
44.3%US$12.00US$3.50n/a3
May ’25US$1.61
US$7.50
+365.8%
46.5%US$12.00US$3.50n/a3
Apr ’25US$1.86
US$7.50
+303.2%
46.5%US$12.00US$3.50n/a3
Mar ’25US$2.18
US$6.88
+215.4%
50.0%US$12.00US$3.50n/a4
Feb ’25US$2.13
US$6.88
+222.8%
50.0%US$12.00US$3.50n/a4
Jan ’25US$1.76
US$6.88
+290.6%
50.0%US$12.00US$3.50n/a4
Dec ’24US$1.61
US$7.10
+341.0%
43.7%US$12.00US$3.50n/a5
Nov ’24US$1.18
US$7.10
+501.7%
43.7%US$12.00US$3.50US$9.105
Oct ’24US$1.46
US$7.10
+386.3%
43.7%US$12.00US$3.50US$5.095
Sep ’24US$2.13
US$6.90
+223.9%
44.5%US$12.00US$3.50US$4.485
Aug ’24US$2.24
US$6.88
+206.9%
50.0%US$12.00US$3.50US$2.994
Jul ’24US$2.29
US$6.38
+178.4%
42.7%US$10.00US$3.50US$1.854
Jun ’24US$3.24
US$6.38
+96.8%
42.7%US$10.00US$3.50US$2.164
May ’24US$1.11
US$2.83
+155.3%
22.0%US$3.50US$2.00US$1.613
Apr ’24US$0.91
US$2.83
+211.4%
22.0%US$3.50US$2.00US$1.863
Mar ’24US$0.72
US$2.83
+293.5%
22.0%US$3.50US$2.00US$2.183
Feb ’24US$0.83
US$2.83
+243.2%
22.0%US$3.50US$2.00US$2.133
Jan ’24US$0.85
US$2.83
+233.3%
22.0%US$3.50US$2.00US$1.763
Dec ’23US$0.97
US$2.50
+157.1%
28.3%US$3.50US$2.00US$1.613
Nov ’23US$0.86
US$3.88
+349.7%
36.9%US$6.00US$2.00US$1.184

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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