Inhibrx, Inc.

NasdaqGM:INBX Stock Report

Market Cap: US$1.8b

Inhibrx Valuation

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

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

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

Key Valuation Metric

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

Key metric: As INBX barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for INBX. This is calculated by dividing INBX's market cap by their current book value.
What is INBX's PB Ratio?
PB Ratio154.5x
BookUS$11.57m
Market CapUS$1.79b

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for INBX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average12.4x
VRDN Viridian Therapeutics
3.1x32.1%US$1.6b
SPRY ARS Pharmaceuticals
6.8x69.8%US$1.4b
KROS Keros Therapeutics
4.3x-5.0%US$2.3b
SRRK Scholar Rock Holding
35.4x48.8%US$2.8b
INBX Inhibrx
154.5x9.1%US$1.8b

Price-To-Book vs Peers: INBX is expensive based on its Price-To-Book Ratio (154.5x) compared to the peer average (14.7x).

Price to Book Ratio vs Industry

How does INBX'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
INBX 154.5xIndustry Avg. 1.9xNo. of Companies81PB01.63.24.86.48+
61 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: INBX is expensive based on its Price-To-Book Ratio (154.5x) compared to the US Biotechs industry average (2x).

Price to Book Ratio vs Fair Ratio

What is INBX'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.

INBX PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio154.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate INBX'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 INBX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$35.50
0%
1.4%US$36.00US$35.00n/a2
Nov ’25n/a
US$35.50
0%
1.4%US$36.00US$35.00n/a2
Oct ’25n/a
US$35.50
0%
1.4%US$36.00US$35.00n/a2
Sep ’25n/a
US$35.50
0%
1.4%US$36.00US$35.00n/a2
Aug ’25n/a
US$35.50
0%
1.4%US$36.00US$35.00n/a2
Jul ’25n/a
US$35.50
0%
1.4%US$36.00US$35.00n/a2
Jun ’25US$34.11
US$35.50
+4.1%
1.4%US$36.00US$35.00n/a2
May ’25US$34.30
US$35.50
+3.5%
1.4%US$36.00US$35.00n/a2
Apr ’25US$34.87
US$35.50
+1.8%
1.4%US$36.00US$35.00n/a2
Mar ’25US$36.45
US$35.50
-2.6%
1.4%US$36.00US$35.00n/a2
Feb ’25US$37.97
US$35.50
-6.5%
1.4%US$36.00US$35.00n/a2
Jan ’25US$38.00
US$44.25
+16.4%
30.9%US$60.00US$27.00n/a4
Dec ’24US$22.39
US$44.25
+97.6%
30.9%US$60.00US$27.00n/a4
Nov ’24US$15.79
US$46.75
+196.1%
27.0%US$60.00US$27.00n/a4
Oct ’24US$18.35
US$46.75
+154.8%
27.0%US$60.00US$27.00n/a4
Sep ’24US$22.55
US$46.60
+106.7%
24.2%US$60.00US$27.00n/a5
Aug ’24US$20.52
US$48.20
+134.9%
18.0%US$60.00US$35.00n/a5
Jul ’24US$25.96
US$48.20
+85.7%
18.0%US$60.00US$35.00n/a5
Jun ’24US$24.21
US$48.20
+99.1%
18.0%US$60.00US$35.00US$34.115
May ’24US$23.61
US$48.20
+104.2%
18.0%US$60.00US$35.00US$34.305
Apr ’24US$18.87
US$46.83
+148.2%
18.1%US$60.00US$35.00US$34.876
Mar ’24US$23.99
US$47.50
+98.0%
15.4%US$60.00US$40.00US$36.456
Feb ’24US$25.06
US$47.50
+89.5%
15.4%US$60.00US$40.00US$37.976
Jan ’24US$24.64
US$47.50
+92.8%
15.4%US$60.00US$40.00US$38.006
Dec ’23US$30.25
US$47.50
+57.0%
15.4%US$60.00US$40.00US$22.396
Nov ’23US$33.33
US$48.17
+44.5%
15.7%US$60.00US$40.00US$15.796

Analyst Forecast: Target price is less than 20% higher than the current share price.

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