Decibel Therapeutics, Inc.

NasdaqGS:DBTX Stock Report

Market Cap: US$124.3m

Decibel Therapeutics Valuation

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

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

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


Key Valuation Metric

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

Key metric: As DBTX 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 DBTX. This is calculated by dividing DBTX's market cap by their current book value.
What is DBTX's PB Ratio?
PB Ratio2.3x
BookUS$53.31m
Market CapUS$124.35m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for DBTX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.1x
MCRB Seres Therapeutics
5.5x-17.2%US$131.2m
PYXS Pyxis Oncology
0.7x-24.0%US$113.0m
KNTE Kinnate Biopharma
0.8x14.6%US$125.1m
CDTX Cidara Therapeutics
1.2x2.5%US$143.8m
DBTX Decibel Therapeutics
2.3xn/aUS$124.3m

Price-To-Book vs Peers: DBTX is good value based on its Price-To-Book Ratio (2.3x) compared to the peer average (3.5x).


Price to Book Ratio vs Industry

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

61 CompaniesPrice / BookEstimated GrowthMarket Cap
GRAL GRAIL
0.2x35.7%US$554.58m
IMAB I-Mab
0.4x1.8%US$76.59m
ACET Adicet Bio
0.4x6.7%US$74.16m
MGX Metagenomi
0.3x-23.2%US$70.73m
DBTX 2.3xIndustry Avg. 1.9xNo. of Companies81PB01.63.24.86.48+
61 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: DBTX is expensive based on its Price-To-Book Ratio (2.3x) compared to the US Biotechs industry average (1.5x).


Price to Book Ratio vs Fair Ratio

What is DBTX'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.

DBTX PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate DBTX'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?

Analyst Forecast: Insufficient data to show price forecast.


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