Metrics to compare | CRDL | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipCRDLPeersSector | |
|---|---|---|---|---|
P/E Ratio | −6.1x | −2.9x | −0.5x | |
PEG Ratio | −0.25 | −0.01 | 0.00 | |
Price/Book | 11.5x | 0.6x | 2.6x | |
Price / LTM Sales | - | 0.7x | 3.3x | |
Upside (Analyst Target) | 226.1% | 59.0% | 47.7% | |
Fair Value Upside | Unlock | 29.0% | 6.6% | Unlock |
Cardiol Therapeutics Inc., a clinical-stage life sciences company, focuses on the developing of anti-fibrotic and anti-inflammatory therapies for the treatment of heart diseases. Its lead product candidate is CardiolRx, which is in Phase III multi-national, randomized, double-blind, and placebo-controlled study to evaluate the efficacy and safety of CardiolRx in acute myocarditis, as well as for the treatment of recurrent pericarditis. The company is also developing CRD-38 injection for subcutaneous administration that is in preclinical development for the treatment of heart failure. It has a license agreement with Meros. The company was incorporated in 2017 and is headquartered in Oakville, Canada.