Relay Therapeutics, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Relay Therapeutics, Inc. (RLAY), the latest P/E of -12.7 frames valuation, while ROE -43.94% and ROIC -44.00% indicates profitability and capital efficiency. Together with the current ratio of 22.13 and debt-to-equity 0.05, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

RLAY Historical Per Share Metrics

8 years
Metric (FY)TTM2024202320222021202020192018
Revenue per Share$0.06$0.07$0.21$0.01$0.03$0.92$0.00$0.00
Net Income per Share$-1.52$-2.36$-2.79$-2.59$-3.82$-0.58$-15.53$-19.63
Operating Cash Flow per Share$-1.19$-1.74$-2.45$-2.04$-0.78$-1.14$-15.45$-17.76
Free Cash Flow per Share$-1.19$-1.76$-2.48$-2.13$-0.82$-1.16$-17.32$-18.44
Cash per Share$3.57$5.47$6.12$8.90$10.07$7.53$83.11$169.61
Book Value per Share$3.57$5.44$6.13$8.47$9.44$8.48$-42.15$-44.64
Tangible Book Value per Share$3.57$5.43$6.12$8.45$9.41$8.48$-42.15$-44.64
Interest Debt per Share$0.18$0.34$0.44$0.51$0.24$0.27$5.80$0.07
CAPEX per Share$0.00$0.01$0.03$0.08$0.04$0.02$1.87$0.68

RLAY Historical Valuation Ratios

8 years
Metric (FY)TTM2024202320222021202020192018
Price to Earnings (P/E)-12.68-1.74-3.95-5.77-8.03-71.41-2.26-1.79
Price to Book (P/B)5.580.761.791.763.254.9-0.83-0.79
Price to Sales (P/S)326.3658.8252.831214.17964.5645.2800
Enterprise Value to EBITDA-12.11-1.35-3.37-5.16-11.99-63.53-1.647
EV to Sales310.1651.2549.31146.07879.6440.1600
EV to Operating Cash Flow-15.52-2.06-4.19-6.9-35.81-32.39-2.017.57
EV to Free Cash Flow-15.52-2.04-4.14-6.63-34.21-31.79-1.797.29
Enterprise Value$3.31B$512.83M$1.26B$1.58B$2.66B$3.32B$132.93M$-334.22M

RLAY Historical Profitability Ratios

8 years
Metric (FY)TTM2024202320222021202020192018
Return on Equity (ROE)-43.94%-43.42%-45.47%-30.57%-40.53%-6.87%36.86%43.98%
Return on Invested Capital (ROIC)-44.00%-45.08%-45.56%-28.77%-36.92%-7.07%-21.98%-11.82%
Return on Tangible Assets-38.98%-38.86%-40.63%-26.47%-36.17%-6.55%-16.92%-11.38%
Earnings Yield-7.62%-57.37%-25.34%-17.33%-12.45%-1.40%-44.32%-56.01%
Free Cash Flow Yield-6.12%-42.66%-22.56%-14.23%-2.67%-2.79%-49.41%-52.61%
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

RLAY Historical Liquidity & Financial Strength

8 years
Metric (FY)TTM2024202320222021202020192018
Current Ratio22.1315.9525.441640.1456.4930.0861.78
Interest Coverage00000000
Income Quality0.780.740.880.790.21.960.880.9
Debt to Equity0.050.060.070.060.030.03-0.140
Debt to Assets4.51%5.57%6.33%5.25%2.27%3.05%6.32%0.04%
Net Debt to EBITDA0.630.20.240.311.168.10.218.83

RLAY Historical Efficiency Ratios

8 years
Metric (FY)TTM2024202320222021202020192018
Receivables Turnover0000.260.61100
Payables Turnover31.790.390.570.390.470.560.410.46
Inventory Turnover0000.34-0.01000
Days Sales Outstanding0001379.39595.2836500
Days Payables Outstanding11.48941.69638.07934.86769.62653.17896.91797.27
Days of Inventory on Hand0001070.25-63467.32000

RLAY Historical Market Metrics

8 years
Metric (FY)TTM2024202320222021202020192018
Enterprise Value to EBITDA-12.11-1.35-3.37-5.16-11.99-63.53-1.647
Market Cap$3.48B$588.62M$1.35B$1.68B$2.92B$3.74B$150.05M$87.10M
Enterprise Value$3.31B$512.83M$1.26B$1.58B$2.66B$3.32B$132.93M$-334.22M
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Payout Ratio0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

Is Relay Therapeutics, Inc. stock overvalued based on its P/E ratio?

On this page, you can use the latest P/E (from the Key Ratios table) as your starting point and compare it to the company's multi-year P/E range in the historical rows. When the current P/E sits near its historical average, valuation may be broadly "in line." Investors typically then focus on trend direction (whether profitability and cash-flow metrics are improving) and balance-sheet risk (liquidity and leverage) rather than treating the P/E in isolation.

What is Relay Therapeutics, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $3.48B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Relay Therapeutics, Inc. compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Relay Therapeutics, Inc.'s own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Relay Therapeutics, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Relay Therapeutics, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Relay Therapeutics, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Relay Therapeutics, Inc. financially strong based on its ratios?

To assess whether Relay Therapeutics, Inc. is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 22.13, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 0.00, implying less buffer for servicing interest costs. Debt-to-equity is about 0.05, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Relay Therapeutics, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Relay Therapeutics, Inc. is sustaining strong returns (for example ROE at -43.94% and ROIC at -44.00%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.