Question 1

What is Ovid Therapeutics's P/FCF ratio?

Accepted Answer

Ovid Therapeutics (OVID) P/FCF ratio is 1.6× as of May 9, 2022. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Ovid Therapeutics?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Ovid Therapeutics specifically, the relevant sector benchmark is the current sector median of 19.2×.

Question 5

Is Ovid Therapeutics's P/FCF ratio high or low?

Accepted Answer

Ovid Therapeutics's P/FCF ratio of 1.6× is below its own 5-year average of 2.0× and below the sector median of 19.2×. That places the current reading at the 6th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Ovid Therapeutics's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Ovid Therapeutics (OVID) P/FCF ratio has ranged from a low of 1.6× in 2022 to a high of 2.1× in 2021. The 5-year average is 2.0× and the 5-year median is 1.9×.

Question 7

What was Ovid Therapeutics's P/FCF ratio in 2021?

Accepted Answer

Ovid Therapeutics (OVID) P/FCF ratio at the end of 2021 was 1.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Ovid Therapeutics's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$133M	-$38.3M	—	—	Dec 31, 2025
2024	$66.3M	-$56M	—	—	Dec 31, 2024
2023	$228M	-$45.8M	—	—	Dec 31, 2023
2022	$131M	-$56.6M	—	—	Dec 31, 2022
2021	$217M	$118M	1.8×	—	Dec 31, 2021
2020	$145M	-$52M	—	—	Dec 31, 2020
2019	$204M	-$51.3M	—	—	Dec 31, 2019
2018	$59.6M	-$45.9M	—	—	Dec 31, 2018
2017	$243M	-$31.6M	—	—	Dec 31, 2017
2016	$240M	-$18M	—	—	Dec 31, 2016


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Pfizer (PFE)	16.7×
Humana (HUM)	16.4×
UnitedHealth Group (UNH)	15.9×
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HCA Healthcare (HCA)	14.5×
Becton, Dickinson and (BDX)	14.0×
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Incyte (INCY)	12.9×
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Universal Health Services (UHS)	12.2×
Baxter International (BAX)	12.1×
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IQVIA (IQV)	11.3×
Bristol-Myers Squibb (BMY)	10.4×
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Zimmer Biomet Holdings (ZBH)	9.6×
Cigna (CI)	9.1×
Viatris (VTRS)	9.1×
DaVita (DVA)	6.9×
Teladoc Health (TDOC)	3.9×
Centene (CNC)	2.5×

P/FCF Ratio for Ovid Therapeutics (OVID) 2021-2026

P/FCF Ratio daily chart for Ovid Therapeutics (OVID)

Historical P/FCF Ratio for Ovid Therapeutics (OVID) from 2016 to 2025

About P/FCF Ratio at Ovid Therapeutics (OVID)

Ovid Therapeutics P/FCF Ratio by Year

Ovid Therapeutics P/FCF Ratio 2021: 1.8×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Ovid Therapeutics (OVID) Key Financials