Beyond Air, Inc. (XAIR) Financial Ratios
12 years of historical data (2014–2025) · Healthcare · Medical - Devices
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
30Y Low31.8·High31.8
P/B Ratio
↓
0.12
↓-96% vs avg
5yr avg: 2.73
30Y Low1.3·High19.4
ROE
↓
-224.6%
↑-69% vs avg
5yr avg: -133.0%
30Y Low-236%·High-79%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
XAIR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Beyond Air, 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 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4M | $18M | $58M | $202M | $171M | $99M | $92M | $41M | $30M | — | — |
| Enterprise Value | $11M | $25M | $64M | $177M | $95M | $71M | $77M | $40M | $29M | — | — |
| P/E Ratio → | -0.04 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 1.13 | 4.98 | 49.78 | — | — | 113.43 | 66.22 | 5.28 | — | — | — |
| P/B Ratio | 0.12 | 1.29 | 2.12 | 4.81 | 2.19 | 3.25 | 5.09 | 10.14 | 19.40 | — | — |
| P/FCF | — | — | — | — | — | — | — | 31.76 | — | — | — |
| P/OCF | — | — | — | — | — | — | — | 30.42 | — | — | — |
P/E links to full P/E history page with 30-year chart
XAIR EV Ratios
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 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.88 | 55.36 | — | — | 81.71 | 55.46 | 5.14 | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | 30.92 | — | — | — |
XAIR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Beyond Air, Inc. earns an operating margin of -1202.1%. Operating margins have expanded from -5436.2% to -1202.1% over the past 3 years, signaling improving operational efficiency. A negative ROE of -224.6% indicates the company is currently destroying shareholder equity.
Margins
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 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -44.9% | -44.9% | -112.8% | — | — | 100.0% | 100.0% | 100.0% | — | — | — |
| Operating Margin | -1202.1% | -1202.1% | -5436.2% | — | — | -2544.6% | -1305.1% | -39.6% | — | — | — |
| Net Profit Margin | -1258.4% | -1258.4% | -5197.8% | — | — | -2620.3% | -1434.6% | -84.9% | — | — | — |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -224.6% | -224.6% | -174.1% | -92.8% | -79.5% | -94.2% | -180.3% | -235.5% | -1168.5% | — | — |
| ROA | -107.2% | -107.2% | -95.8% | -66.5% | -61.8% | -67.3% | -108.2% | -69.8% | -376.3% | -3075.1% | -11.8% |
| ROIC | -121.4% | -121.4% | -188.6% | -435.9% | -1448.1% | -564.6% | -447.1% | -121.0% | — | — | — |
| ROCE | -126.4% | -126.4% | -133.5% | -75.7% | -65.0% | -74.9% | -136.5% | -54.4% | -408.4% | — | — |
XAIR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $7M ($12M total debt minus $5M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.82 | 0.82 | 0.66 | 0.09 | 0.04 | 0.23 | 0.27 | 0.07 | 0.02 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.49 | 0.24 | -0.61 | -0.98 | -0.91 | -0.83 | -0.27 | -0.45 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | -0.84 | — | — | — |
| Interest Coverage | -14.75 | -14.75 | -21.64 | -1735.30 | -52.53 | -34.60 | -593.98 | -2030.91 | -10.44 | -8.16 | -63.39 |
XAIR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Beyond Air, Inc.'s current ratio of 3.20x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.72x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 3.00x to 3.20x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.20 | 3.20 | 3.80 | 3.00 | 8.68 | 9.80 | 5.46 | 1.61 | 4.27 | 0.04 | 0.19 |
| Quick Ratio | 2.72 | 2.72 | 3.61 | 2.95 | 8.64 | 9.30 | 4.12 | 1.49 | 4.27 | 0.04 | 0.19 |
| Cash Ratio | 1.38 | 1.38 | 2.98 | 2.32 | 7.49 | 9.11 | 4.07 | 1.46 | 4.24 | 0.00 | 0.19 |
| Asset Turnover | — | 0.12 | 0.02 | — | — | 0.02 | 0.05 | 0.82 | — | — | — |
| Inventory Turnover | 2.22 | 2.22 | 1.16 | 0.49 | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 84.72 | 172.58 | — | — | 177.69 | — | — | — | — | — |
XAIR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Beyond Air, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
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 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | 3.1% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | — | — |
| Shares Outstanding | — | $3M | $2M | $1M | $1M | $900261 | $575310 | $424926 | $300102 | $3M | $3M |
Peer Comparison
Compare XAIR 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 |
|---|---|---|---|---|---|---|---|---|---|
 XAIRYou | $4M | -0.0 | — | — | -44.9% | -1202.1% | -224.6% | -121.4% | — |
 INVA | $2B | 6.9 | 8.1 | 9.9 | 72.3% | 38.5% | 29.1% | 14.2% | 1.3 |
 INSM | $23B | -16.3 | — | — | 79.4% | -194.0% | -249.3% | -86.5% | — |
 PRAX | $10B | -24.7 | — | — | — | — | -45.8% | -65.0% | — |
 NKTR | $2B | -8.6 | — | — | 100.0% | -236.8% | -217.9% | -57.2% | — |
 AVPT | $2B | 68.8 | 44.8 | 27.3 | 74.1% | 7.9% | 9.4% | 1143.3% | 0.3 |
 MNKD | $1B | 177.5 | 29.3 | 80.1 | 82.5% | 11.1% | — | 21.6% | 9.3 |
 PULM | $5M | -0.9 | — | — | — | — | -80.9% | — | — |
 AEMD | $358993 | -0.0 | — | — | — | — | -245.9% | -911.8% | — |
 NVNI | $2M | -0.2 | — | 8.6 | 65.0% | -13.8% | — | — | — |
 LIN | $229B | 33.8 | 19.7 | 45.0 | 43.3% | 26.3% | 17.4% | 11.3% | 2.1 |
| Healthcare Median | — | 22.3 | 14.4 | 18.5 | 63.9% | -5.2% | -33.7% | -11.2% | 3.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 12 years · Updated daily
See XAIR's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs XAIR Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare XAIR vs INVA
Side-by-side business, growth, and profitability comparison vs Innoviva, Inc..
Start ComparisonXAIR — Frequently Asked Questions
Quick answers to the most common questions about buying XAIR stock.
What is Beyond Air, Inc.'s P/E ratio?
Beyond Air, Inc.'s current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.
What is Beyond Air, Inc.'s ROE?
Beyond Air, Inc.'s return on equity (ROE) is -224.6%. The historical average is -154.4%.
Is XAIR stock overvalued?
Based on historical data, Beyond Air, Inc. is trading at a P/E of -0.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Beyond Air, Inc.'s profit margins?
Beyond Air, Inc. has -44.9% gross margin and -1202.1% operating margin.