Valuation signals disagree. Cheaper than 50% of peers on free cash flow, but only 0% on earnings.
Relative to its free cash flow, LB Pharmaceuticals looks cheaper than 50% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Not profitable yet. Reported a loss in the 12 months to June 2026.
LB Pharmaceuticals reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-6.6%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0148 · MAD: 0.0148
EBITDA yield-9.3%
Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -1.00Sector median: 0.0401 · MAD: 0.0401
Free cash flow yield-6.4%
SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score 0.00Sector median: 0.0000 · MAD: 0.0000
Yahoo Finance fallback · no standard SEC debt tagReported value33% base weight · Z-score 1.01Sector median: 0.2215 · MAD: 0.2039
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about LB Pharmaceuticals
Is LB Pharmaceuticals getting weaker?
Its latest SEC filing (Aug 11, 2026) got weaker in some ways: share count up 12.5%. Its overall score is unchanged at 39/100 since Oct 28, 2026.
How is LB Pharmaceuticals valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 8/100 against 1,393 healthcare peers.Earnings yield -6.6% vs a peer median of 1.5% (weaker than 100% of peers).Earnings yield -6.6% vs peers 1.5% (weaker than 100% of peers).
Is LB Pharmaceuticals growing?
Insufficient data: 0 of 3 inputs reported (at least 2 needed).
How profitable is LB Pharmaceuticals?
Less profitable than most of its peers. Profitability scores 11/100 against 1,393 healthcare peers.Return on invested capital -152.6% vs a peer median of 4.7% (weaker than 95% of peers).Return on invested capital -152.6% vs peers 4.7% (weaker than 95% of peers).
How risky is LB Pharmaceuticals?
Lower risk relative to 1,393 healthcare peers, judged on debt, liquidity and share-price swings.Current ratio 15.08× vs a peer median of 2.59× (stronger than 93% of peers).Current ratio 15.08× vs peers 2.59× (stronger than 93% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 11, 2026 · compared with the quarter ended Mar 31, 2026
Got weaker
Share count up 12.5% (existing holders diluted)
Worth watching: LB Pharmaceuticals is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
Previous quarter
Latest quarter
Change
Net income (12 months)
−39.0M USD
−85.7M USD
+120.0%
Free cash flow (12 months)
−50.4M USD
−82.8M USD
+64.2%
Cash
320.7M USD
283.1M USD
−11.7%
Shares outstanding
28.7M
32.3M
+12.5%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Industry: Biotechnology · 132 companies
Valuations in Biotechnology are within their usual range since 2016.
48% of months since 2016 were valued lower than now.
22% of companies are in the most expensive fifth of their own price-to-sales history.
Median price-to-sales is +530% vs the whole market, against a usual +637%.
2016Shaded: most expensive fifth of its range2026
Earnings-based measures are left out for now because many companies in Biotechnology are losing money.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on sales and book value yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2024
FY 2025
Change
Return on assets (ROA)
-188.2%
-8.1%
▲ 180 pts
Return on equity (ROE)
—
-8.4%
—
Current ratio
3.56×
41.44×
▲ >999%
LBRX price history
Price history is added with the daily price update and will appear after the next one.