Peregrine Pharmaceuticals IncFind Ratings Reports
PEREGRINE PHARMACEUTICLS INC's gross profit margin for the third quarter of its fiscal year 2016 has significantly decreased when compared to the same period a year ago. The company grew its sales and net income significantly quarter versus same quarter a year prior, and was able to outpace the average competitor in the industry when comparing revenue growth, but not when comparing net income growth. PEREGRINE PHARMACEUTICLS INC has weak liquidity. Currently, the Quick Ratio is 0.68 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
At the same time, stockholders' equity ("net worth") has significantly decreased by 33.23% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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|Income Statement||Q3 FY16||Q3 FY15|
|Net Sales ($mil)||10.75||6.71|
|Net Income ($mil)||-7.77||-16.85|
|Balance Sheet||Q3 FY16||Q3 FY15|
|Cash & Equiv. ($mil)||41.53||67.47|
|Total Assets ($mil)||111.32||119.05|
|Total Debt ($mil)||0.0||0.0|
|Profitability||Q3 FY16||Q3 FY15|
|Gross Profit Margin||31.67||48.84|
|Return on Assets||-31.23||-46.95|
|Return on Equity||-98.37||-100.89|
|Debt||Q3 FY16||Q3 FY15|
|Share Data||Q3 FY16||Q3 FY15|
|Shares outstanding (mil)||271.07||232.23|
|Div / share||0.0||0.0|
|Book value / share||0.15||0.26|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||3896302.0||1479645.0|
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. To use another comparison, its price-to-book ratio of 4.61 indicates a significant premium versus the S&P 500 average of 2.93 and a significant discount versus the industry average of 11.85. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average. After reviewing these and other key valuation criteria, PEREGRINE PHARMACEUTICLS INC proves to trade at a discount to investment alternatives within the industry.
|PPHM NM||Peers 38.87||PPHM NM||Peers 22.28|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
PPHM's P/E is negative making this valuation measure meaningless.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
PPHM's P/CF is negative making the measure meaningless.
|PPHM NM||Peers 58.77||PPHM NA||Peers 0.49|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
PPHM's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|PPHM 4.61||Peers 11.85||PPHM 46.67||Peers 165.61|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
PPHM is trading at a significant discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, PPHM is expected to significantly trail its peers on the basis of its earnings growth rate.
|PPHM 3.15||Peers 256.31||PPHM 66.16||Peers 609.16|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
PPHM is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
PPHM significantly trails its peers on the basis of sales growth