Scholar Rock Holding Corporation

NasdaqGS:SRRK Stock Report

Market Cap: US$3.1b

Scholar Rock Holding Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Discounted Cash Flow
Simply Wall St
US$369.46
Fair Value
91.1% undervalued intrinsic discount
8
Number of Analysts

Below Fair Value: SRRK ($33.05) is trading below our estimate of fair value ($369.46)

Significantly Below Fair Value: SRRK is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As SRRK 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 SRRK. This is calculated by dividing SRRK's market cap by their current book value.
What is SRRK's PB Ratio?
PB Ratio8.5x
BookUS$368.63m
Market CapUS$3.13b

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for SRRK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3.1x
XENE Xenon Pharmaceuticals
3.6x22.9%US$2.7b
SNDX Syndax Pharmaceuticals
4.1x41.0%US$1.2b
SYRE Spyre Therapeutics
3x-17.2%US$1.1b
CRSP CRISPR Therapeutics
1.8x47.8%US$3.5b
SRRK Scholar Rock Holding
8.5x62.5%US$3.1b

Price-To-Book vs Peers: SRRK is expensive based on its Price-To-Book Ratio (8.5x) compared to the peer average (3.1x).

Price to Book Ratio vs Industry

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

76 CompaniesPrice / BookEstimated GrowthMarket Cap
AMRN Amarin
0.4x37.7%US$189.32m
FDMT 4D Molecular Therapeutics
0.4x-6.9%US$181.51m
ZNTL Zentalis Pharmaceuticals
0.4x7.2%US$136.12m
NKTX Nkarta
0.2x-9.5%US$105.85m
SRRK 8.5xIndustry Avg. 1.4xNo. of Companies80PB01.63.24.86.48+
76 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: SRRK is expensive based on its Price-To-Book Ratio (8.5x) compared to the US Biotechs industry average (1.4x).

Price to Book Ratio vs Fair Ratio

What is SRRK'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.

SRRK PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio8.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SRRK'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 SRRK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$33.05
US$50.50
+52.8%
6.2%US$57.00US$45.00n/a8
Mar ’26US$38.82
US$50.63
+30.4%
6.2%US$57.00US$45.00n/a8
Feb ’26US$40.38
US$48.75
+20.7%
10.1%US$57.00US$39.00n/a8
Jan ’26US$43.22
US$46.38
+7.3%
15.0%US$57.00US$33.00n/a8
Dec ’25US$39.90
US$44.13
+10.6%
13.6%US$50.00US$33.00n/a8
Nov ’25US$28.42
US$37.38
+31.5%
15.9%US$50.00US$30.00n/a8
Oct ’25US$7.45
US$27.13
+264.1%
17.4%US$34.00US$20.00n/a8
Sep ’25US$9.30
US$26.88
+189.0%
18.2%US$34.00US$20.00n/a8
Aug ’25US$9.06
US$26.50
+192.5%
16.7%US$31.00US$20.00n/a8
Jul ’25US$8.13
US$26.50
+226.0%
16.7%US$31.00US$20.00n/a8
Jun ’25US$9.39
US$26.25
+179.6%
16.0%US$30.00US$20.00n/a8
May ’25US$14.96
US$26.25
+75.5%
16.0%US$30.00US$20.00n/a8
Apr ’25US$16.79
US$26.25
+56.3%
16.0%US$30.00US$20.00n/a8
Mar ’25US$15.68
US$25.71
+64.0%
16.5%US$30.00US$20.00US$38.827
Feb ’25US$14.94
US$25.71
+72.1%
16.5%US$30.00US$20.00US$40.387
Jan ’25US$18.80
US$25.71
+36.8%
16.5%US$30.00US$20.00US$43.227
Dec ’24US$13.45
US$24.29
+80.6%
17.4%US$30.00US$20.00US$39.907
Nov ’24US$12.30
US$24.00
+95.1%
16.5%US$30.00US$20.00US$28.427
Oct ’24US$7.10
US$22.00
+209.9%
31.8%US$30.00US$7.00US$7.457
Sep ’24US$6.29
US$22.00
+249.8%
31.8%US$30.00US$7.00US$9.307
Aug ’24US$6.85
US$22.14
+223.3%
30.2%US$30.00US$8.00US$9.067
Jul ’24US$7.54
US$23.14
+206.9%
29.5%US$32.00US$10.00US$8.137
Jun ’24US$5.89
US$23.14
+292.9%
29.5%US$32.00US$10.00US$9.397
May ’24US$6.66
US$23.14
+247.5%
29.5%US$32.00US$10.00US$14.967
Apr ’24US$8.00
US$22.67
+183.3%
32.1%US$32.00US$10.00US$16.796
Mar ’24US$8.57
US$22.57
+163.4%
31.2%US$32.00US$10.00US$15.687
Analyst Price Target
Consensus Narrative from 8 Analysts
US$50.50
Fair Value
34.6% undervalued intrinsic discount
8
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/24 02:45
End of Day Share Price 2025/03/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Scholar Rock Holding Corporation is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Madhu KumarBaird
Guyn KimBMO Capital Markets Equity Research
Etzer DaroutBMO Capital Markets Equity Research