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HURATuHURA Biosciences, Inc.
$2.24$143M
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TuHURA Biosciences, Inc. (HURA) Financial Ratios

Latest Ratios: P/E Ratio -3.6x · EV/EBITDA N/A · ROE -169.2%. (2014–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

HURA Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$143M$36M$76M$4M$318904$709640$2M$205299$94880$407056$787739
Enterprise Value$140M$33M$64M$3M$-13795390$-4192345$-8858222$-2186701$-3623879$-5564939$-5798275
P/E Ratio →-3.56——————————
P/S Ratio———————————
P/B Ratio5.131.735.23—0.03—0.160.780.050.070.12
P/FCF———————————
P/OCF———————————

P/E links to full P/E history page with 30-year chart

HURA EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue———————————
EV / EBITDA———————————
EV / EBIT———————————
EV / FCF———————————

HURA Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin———————————
Operating Margin———————————
Net Profit Margin———————————

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-169.2%-169.2%-332.7%-154.9%-253.5%-460.9%-706.3%-818.3%-217.4%-185.4%-141.3%
ROA-127.1%-127.1%-178.2%-85.1%-135.6%-227.2%-464.8%-261.7%-144.9%-148.7%-113.3%
ROIC-239.0%-239.0%—————————
ROCE-176.3%-176.3%-229.2%-129.1%-255.6%-453.0%-391.3%-730.2%-226.9%-185.6%-134.9%

HURA Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.020.020.01—0.01——————
Debt / EBITDA———————————
Net Debt / Equity—-0.15-0.85—-1.15—-1.00-9.10-1.89-1.10-1.00
Net Debt / EBITDA———————————
Debt / FCF———————————
Interest Coverage-47.06-47.06-4.24-445.21—-36.04-318.15————

Net cash position: cash ($4M) exceeds total debt ($502668)

HURA Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.780.783.681.165.130.794.241.031.944.306.03
Quick Ratio0.780.783.641.165.130.794.241.031.944.306.03
Cash Ratio0.610.612.371.024.960.783.790.891.803.645.05
Asset Turnover———————————
Inventory Turnover———————————
Days Sales Outstanding———————————

HURA Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield0.0%0.0%———1.1%0.5%3.9%8.8%2.1%1.1%
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.6%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield0.0%0.0%0.0%0.6%0.0%1.1%0.5%3.9%8.8%2.1%1.1%
Shares Outstanding—$48M$19M$752914$46285$27829$14791$5968$1471$1192$688

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent liquidity exhaustion

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Valuation Disconnected from Operational Reality

As reported in recent financial filings, TuHURA's P/B ratio of 5.09 suggests a market valuation that appears decoupled from its underlying tangible asset base, which is heavily comprised of merger-related goodwill rather than productive capital capable of generating near-term returns for shareholders in the current biotech environment.

The absence of meaningful P/E or EV/Sales multiples reflects the company's pre-revenue status, forcing investors to rely on book value metrics that may be inflated by intangible assets. This valuation premium warrants further investigation, as it likely prices in speculative clinical success rather than the immediate, tangible risks associated with the company's precarious cash position.

Capital Decay Amidst Clinical Development

Based on the company's reported figures, ROIC has remained deeply negative, fluctuating between -32.1% and -177.2% over the last ten quarters, which indicates that the firm is currently destroying invested capital as it attempts to fund its pivotal Phase 3 clinical trial program without any offsetting revenue.

The extreme volatility in ROIC suggests that the company's capital allocation is currently dominated by non-recurring merger costs and high-burn R&D expenditures. Investors should monitor whether future clinical milestones can stabilize these returns, as the current trend suggests a persistent decay in shareholder value that is typical of late-stage oncology development.

Liquidity Constraints Threaten Operational Continuity

According to recent SEC filings, the company's current ratio has deteriorated to 1.15 as of 2026Q1, a level that appears insufficient to support the high-cost requirements of a Phase 3 registration trial, especially when compared to the more robust liquidity buffers maintained by better-capitalized immuno-oncology peers.

The rapid decline in the quick ratio over the last two years highlights a narrowing margin of safety, leaving the company vulnerable to even minor delays in clinical enrollment or regulatory timelines. This liquidity profile suggests that the firm may be forced into dilutive financing or restrictive licensing agreements to maintain its going-concern status.

Structural Disadvantage Relative to Peers

As indicated by comparative financial data, TuHURA's lack of revenue and minimal cash reserves place it at a structural disadvantage compared to peers like Iovance Biotherapeutics, which have already achieved operational milestones that provide a more stable foundation for long-term capital allocation and clinical trial execution.

While peers in the immuno-oncology space often trade at high multiples, the gap between TuHURA and its better-capitalized competitors appears to be widening due to the company's reliance on legacy merger assets. This divergence suggests that the market may be discounting HURA's potential due to the heightened risk of shareholder dilution compared to its more established industry counterparts.

Misapplication of Book Value Metrics

The P/B ratio is the most commonly misapplied metric for this business model, as it obscures the fact that the company's book value is heavily skewed by merger-related goodwill and intangible assets that provide no liquidity for the firm's ongoing, cash-intensive Phase 3 clinical trial operations.

Analysts should instead focus on the cash runway duration and the burn rate relative to clinical milestones, as these metrics provide a more accurate assessment of the company's survival probability. Relying on book value in this context may lead to an overestimation of the firm's financial flexibility and its ability to withstand further clinical delays.

Download Financial Ratios Data

Includes 30+ ratios · 12 years · Updated daily

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HURA — Frequently Asked Questions

Quick answers to the most common questions about buying HURA stock.

What is TuHURA Biosciences, Inc.'s P/E ratio?

TuHURA Biosciences, Inc.'s current P/E ratio is -3.6x. This places it at the 50th percentile of its historical range.

What is TuHURA Biosciences, Inc.'s ROE?

TuHURA Biosciences, Inc.'s return on equity (ROE) is -169.2%. The historical average is -261.6%.

Is HURA stock overvalued?

Based on historical data, TuHURA Biosciences, Inc. is trading at a P/E of -3.6x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is TuHURA Biosciences, Inc.'s dividend yield?

TuHURA Biosciences, Inc.'s current dividend yield is 0.01%.