8 years of historical data (2018–2025) · Healthcare · Biotechnology
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Passage Bio, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $18M | $37M | $34M | $55M | $75M | $339M | $1.2B | — | — |
| Enterprise Value | $-4361342 | $15M | $22M | $60M | $68M | $210M | $1.0B | — | — |
| P/E Ratio → | -0.39 | — | — | — | — | — | — | — | — |
| P/S Ratio | — | — | — | — | — | — | — | — | — |
| P/B Ratio | 0.95 | 2.00 | 0.56 | 0.50 | 0.37 | 1.06 | 3.83 | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
A negative ROE of -113.8% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | — | — | — | — | — |
| Operating Margin | — | — | — | — | — | — | — | — | — |
| Net Profit Margin | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | -113.8% | -113.8% | -75.1% | -65.3% | -52.4% | -59.5% | -46.9% | -56.3% | — |
| ROA | -55.3% | -55.3% | -51.2% | -51.8% | -45.5% | -54.3% | -44.3% | -43.0% | -38.2% |
| ROIC | -141.9% | -141.9% | -64.0% | -48.5% | -54.1% | -77.5% | -91.4% | — | — |
| ROCE | -70.6% | -70.6% | -64.8% | -55.7% | -50.3% | -58.7% | -46.9% | -35.7% | -40.6% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $46M exceeds total debt of $24M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.28 | 1.28 | 0.42 | 0.24 | 0.13 | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -1.19 | -0.20 | 0.04 | -0.04 | -0.40 | -0.44 | -0.91 | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — | — | — | — |
Net cash position: cash ($46M) exceeds total debt ($24M)
Short-term solvency ratios and asset-utilisation metrics
Passage Bio, Inc.'s current ratio of 2.07x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 7.22x to 2.07x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.07 | 2.07 | 4.07 | 7.22 | 10.74 | 11.02 | 14.98 | 45.04 | 108.79 |
| Quick Ratio | 2.07 | 2.07 | 4.07 | 7.22 | 10.74 | 11.02 | 14.98 | 45.04 | 108.79 |
| Cash Ratio | 2.01 | 2.01 | 3.96 | 6.99 | 10.33 | 10.70 | 14.40 | 43.16 | 80.98 |
| Asset Turnover | — | — | — | — | — | — | — | — | — |
| Inventory Turnover | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Passage Bio, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $3M | $3M | $3M | $3M | $3M | $2M | $1M | $1M |
Compare PASG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $18M | -0.4 | — | — | — | — | -113.8% | -141.9% | — | |
| $10B | 50.9 | 58.2 | 54.3 | 92.6% | 41.5% | 18.9% | 18.0% | 0.1 | |
| $366M | -1.7 | — | — | — | — | -60.3% | -62.4% | — | |
| $3B | -4.7 | — | — | 83.8% | -79.5% | -607.5% | -89.4% | — | |
| $5B | -164.8 | 114.9 | 152.4 | 87.3% | 5.4% | -11.6% | 5.3% | 11.5 | |
| $4B | 9.4 | 25.7 | 35.2 | 91.7% | 9.8% | 39.9% | 10.0% | 0.4 | |
| $8B | -20.9 | — | — | — | — | -45.8% | -65.0% | — | |
| $75M | -0.4 | — | — | 80.8% | -273.1% | -2891.8% | -5405.6% | — | |
| $12B | -6706.6 | 95.4 | 73.5 | 100.0% | 11.9% | -0.5% | 9.3% | 3.0 | |
| $2B | -4.1 | — | — | 76.5% | -651.7% | -53.5% | -44.0% | — | |
| $4B | -42.1 | — | — | 84.0% | -274.6% | -8.1% | -31.1% | — | |
| Healthcare Median | — | 22.1 | 14.2 | 18.5 | 63.9% | -4.2% | -32.6% | -11.6% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 8 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying PASG stock.
Passage Bio, Inc.'s current P/E ratio is -0.4x. This places it at the 50th percentile of its historical range.
Passage Bio, Inc.'s return on equity (ROE) is -113.8%. The historical average is -67.0%.
Based on historical data, Passage Bio, Inc. is trading at a P/E of -0.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.