Biotechnology
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PBYI vs EXEL
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
PBYI vs EXEL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $369M | $11.74B |
| Revenue (TTM) | $227M | $2.38B |
| Net Income (TTM) | $24M | $833M |
| Gross Margin | 74.4% | 71.6% |
| Operating Margin | 13.0% | 39.4% |
| Forward P/E | 29.0x | 14.0x |
| Total Debt | $29M | $173M |
| Cash & Equiv. | $30M | $482M |
PBYI vs EXEL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Puma Biotechnology,… (PBYI) | 100 | 71.1 | -28.9% |
| Exelixis, Inc. (EXEL) | 100 | 187.0 | +87.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PBYI vs EXEL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
PBYI is the clearest fit if your priority is momentum.
- +142.8% vs EXEL's +25.5%
EXEL carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 0.80
- Rev growth 7.0%, EPS growth 58.0%, 3Y rev CAGR 12.9%
- 8.3% 10Y total return vs PBYI's -70.4%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 7.0% revenue growth vs PBYI's -0.9% | |
| Value | Lower P/E (14.0x vs 29.0x) | |
| Quality / Margins | 35.1% margin vs PBYI's 10.7% | |
| Stability / Safety | Beta 0.80 vs PBYI's 1.11, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +142.8% vs EXEL's +25.5% | |
| Efficiency (ROA) | 30.5% ROA vs PBYI's 13.6%, ROIC 32.1% vs 24.7% |
PBYI vs EXEL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
PBYI vs EXEL — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
EXEL leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
EXEL is the larger business by revenue, generating $2.4B annually — 10.5x PBYI's $227M. EXEL is the more profitable business, keeping 35.1% of every revenue dollar as net income compared to PBYI's 10.7%. On growth, EXEL holds the edge at +10.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $227M | $2.4B |
| EBITDAEarnings before interest/tax | $43M | $958M |
| Net IncomeAfter-tax profit | $24M | $833M |
| Free Cash FlowCash after capex | $38M | $918M |
| Gross MarginGross profit ÷ Revenue | +74.4% | +71.6% |
| Operating MarginEBIT ÷ Revenue | +13.0% | +39.4% |
| Net MarginNet income ÷ Revenue | +10.7% | +35.1% |
| FCF MarginFCF ÷ Revenue | +16.8% | +38.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | -2.6% | +10.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -2.2% | +43.6% |
Valuation Metrics
PBYI leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 11.9x trailing earnings, PBYI trades at a 28% valuation discount to EXEL's 16.6x P/E. On an enterprise value basis, PBYI's 7.6x EV/EBITDA is more attractive than EXEL's 12.7x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $369M | $11.7B |
| Enterprise ValueMkt cap + debt − cash | $368M | $11.4B |
| Trailing P/EPrice ÷ TTM EPS | 11.90x | 16.62x |
| Forward P/EPrice ÷ next-FY EPS est. | 29.04x | 13.96x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.32x |
| EV / EBITDAEnterprise value multiple | 7.64x | 12.68x |
| Price / SalesMarket cap ÷ Revenue | 1.62x | 5.06x |
| Price / BookPrice ÷ Book value/share | 2.82x | 6.03x |
| Price / FCFMarket cap ÷ FCF | 8.85x | 13.90x |
Profitability & Efficiency
EXEL leads this category, winning 6 of 7 comparable metrics.
Profitability & Efficiency
EXEL delivers a 40.2% return on equity — every $100 of shareholder capital generates $40 in annual profit, vs $28 for PBYI. EXEL carries lower financial leverage with a 0.08x debt-to-equity ratio, signaling a more conservative balance sheet compared to PBYI's 0.22x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +27.7% | +40.2% |
| ROA (TTM)Return on assets | +13.6% | +30.5% |
| ROICReturn on invested capital | +24.7% | +32.1% |
| ROCEReturn on capital employed | +29.6% | +35.0% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 7 |
| Debt / EquityFinancial leverage | 0.22x | 0.08x |
| Net DebtTotal debt minus cash | -$1M | -$309M |
| Cash & Equiv.Liquid assets | $30M | $482M |
| Total DebtShort + long-term debt | $29M | $173M |
| Interest CoverageEBIT ÷ Interest expense | 9.91x | — |
Total Returns (Dividends Reinvested)
EXEL leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in EXEL five years ago would be worth $18,403 today (with dividends reinvested), compared to $7,416 for PBYI. Over the past 12 months, PBYI leads with a +142.8% total return vs EXEL's +25.5%. The 3-year compound annual growth rate (CAGR) favors EXEL at 34.4% vs PBYI's 31.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +25.8% | +6.0% |
| 1-Year ReturnPast 12 months | +142.8% | +25.5% |
| 3-Year ReturnCumulative with dividends | +126.9% | +142.8% |
| 5-Year ReturnCumulative with dividends | -25.8% | +84.0% |
| 10-Year ReturnCumulative with dividends | -70.4% | +833.5% |
| CAGR (3Y)Annualised 3-year return | +31.4% | +34.4% |
Risk & Volatility
EXEL leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
EXEL is the less volatile stock with a 0.80 beta — it tends to amplify market swings less than PBYI's 1.11 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.11x | 0.80x |
| 52-Week HighHighest price in past year | $7.90 | $49.62 |
| 52-Week LowLowest price in past year | $2.85 | $33.76 |
| % of 52W HighCurrent price vs 52-week peak | +91.9% | +93.1% |
| RSI (14)Momentum oscillator 0–100 | 56.5 | 67.6 |
| Avg Volume (50D)Average daily shares traded | 335K | 2.7M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates PBYI as "Buy" and EXEL as "Buy".
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | — | $45.71 |
| # AnalystsCovering analysts | 19 | 32 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +8.1% |
EXEL leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). PBYI leads in 1 (Valuation Metrics).
PBYI vs EXEL: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is PBYI or EXEL a better buy right now?
For growth investors, Exelixis, Inc.
(EXEL) is the stronger pick with 7. 0% revenue growth year-over-year, versus -0. 9% for Puma Biotechnology, Inc. (PBYI). Puma Biotechnology, Inc. (PBYI) offers the better valuation at 11. 9x trailing P/E (29. 0x forward), making it the more compelling value choice. Analysts rate Puma Biotechnology, Inc. (PBYI) a "Buy" — based on 19 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — PBYI or EXEL?
On trailing P/E, Puma Biotechnology, Inc.
(PBYI) is the cheapest at 11. 9x versus Exelixis, Inc. at 16. 6x. On forward P/E, Exelixis, Inc. is actually cheaper at 14. 0x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — PBYI or EXEL?
Over the past 5 years, Exelixis, Inc.
(EXEL) delivered a total return of +84. 0%, compared to -25. 8% for Puma Biotechnology, Inc. (PBYI). Over 10 years, the gap is even starker: EXEL returned +833. 5% versus PBYI's -70. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — PBYI or EXEL?
By beta (market sensitivity over 5 years), Exelixis, Inc.
(EXEL) is the lower-risk stock at 0. 80β versus Puma Biotechnology, Inc. 's 1. 11β — meaning PBYI is approximately 39% more volatile than EXEL relative to the S&P 500. On balance sheet safety, Exelixis, Inc. (EXEL) carries a lower debt/equity ratio of 8% versus 22% for Puma Biotechnology, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — PBYI or EXEL?
By revenue growth (latest reported year), Exelixis, Inc.
(EXEL) is pulling ahead at 7. 0% versus -0. 9% for Puma Biotechnology, Inc. (PBYI). On earnings-per-share growth, the picture is similar: Exelixis, Inc. grew EPS 58. 0% year-over-year, compared to -1. 6% for Puma Biotechnology, Inc.. Over a 3-year CAGR, EXEL leads at 12. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — PBYI or EXEL?
Exelixis, Inc.
(EXEL) is the more profitable company, earning 33. 7% net margin versus 13. 6% for Puma Biotechnology, Inc. — meaning it keeps 33. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EXEL leads at 37. 6% versus 16. 3% for PBYI. At the gross margin level — before operating expenses — EXEL leads at 96. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is PBYI or EXEL more undervalued right now?
On forward earnings alone, Exelixis, Inc.
(EXEL) trades at 14. 0x forward P/E versus 29. 0x for Puma Biotechnology, Inc. — 15. 1x cheaper on a one-year earnings basis.
08Which pays a better dividend — PBYI or EXEL?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is PBYI or EXEL better for a retirement portfolio?
For long-horizon retirement investors, Exelixis, Inc.
(EXEL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 80), +833. 5% 10Y return). Both have compounded well over 10 years (EXEL: +833. 5%, PBYI: -70. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between PBYI and EXEL?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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