Skye Bioscience, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Skye Bioscience, Inc. (SKYE), the latest P/E of -0.2 frames valuation, while ROE -329.08% and ROIC 11242.31% indicates profitability and capital efficiency. Together with the current ratio of 0.95 and debt-to-equity -0.07, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

SKYE Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Net Income per Share$-10.18$-0.73$-5.37$-9.82$-5.24$-7.11$1.98$-36.51$-25.62$-41.93
Operating Cash Flow per Share$-7.82$-0.69$-1.99$-6.42$-3.98$-6.56$-11.33$-7.50$-27.31$-46.88
Free Cash Flow per Share$-7.82$-0.74$-1.99$-6.44$-4.04$-6.57$-11.33$-7.51$-27.47$-47.03
Cash per Share$2.03$1.88$0.18$0.63$5.52$2.68$3.44$3.52$2.15$0.86
Book Value per Share$-0.10$1.87$-0.30$-1.52$3.61$0.49$1.03$-29.60$-6.63$-19.14
Tangible Book Value per Share$-0.10$1.87$-0.30$-1.52$3.61$0.49$1.03$-29.60$-6.63$-19.14
Interest Debt per Share$0.01$0.03$0.79$1.33$1.79$2.39$2.58$2.77$1.95$0.00
CAPEX per Share$0.00$0.04$0.00$0.01$0.06$0.01$0.00$0.01$0.16$0.15

SKYE Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)-0.18-3.89-0.51-0.41-2.48-1.4116.56-2.74-1.48-1.8
Price to Book (P/B)-18.351.52-8.94-2.643.620.4831.79-3.38-5.74-3.94
Price to Sales (P/S)0000000000
Enterprise Value to EBITDA0-1.38-0.61-0.47-1.85-1.417.82-11.1-1.190
EV to Sales0000000000
EV to Operating Cash Flow0-1.4-1.61-0.68-2.21-1.36-2.65-13.21-1.38-1.59
EV to Free Cash Flow0-1.32-1.61-0.68-2.18-1.36-2.65-13.19-1.38-1.59
Enterprise Value$50,395.00$35.30M$22.42M$8.67M$14.29M$8.26M$15.98M$52.09M$4.56M$5.66M

SKYE Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)-329.08%-38.98%1765.86%647.66%-145.32%-1455.46%191.95%123.34%386.71%219.04%
Return on Invested Capital (ROIC)11242.31%-53.12%-550.58%1180.87%-98.12%-322.83%-645.56%33.57%28067.72%1321.12%
Return on Tangible Assets-457.62%-36.51%-315.27%-213.83%-86.47%-245.57%52.69%-980.72%-555.26%-982.80%
Earnings Yield-553.24%-25.73%-197.55%-245.49%-40.32%-71.08%6.04%-36.51%-67.42%-55.54%
Free Cash Flow Yield-480.15%-25.99%-73.28%-160.94%-31.06%-65.67%-34.60%-7.51%-72.30%-62.29%
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

SKYE Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.9516.320.840.742.463.382.050.120.690.42
Interest Coverage-9439.02-48.61-15.09-18.2-10.2-8.9-6.71-49.52-5785.610
Income Quality00.950.370.650.760.92-5.730.211.071.12
Debt to Equity-0.070.01-2.16-0.660.363.320.71-0.09-0.290
Debt to Assets0.32%0.63%38.65%21.76%21.67%56.06%19.39%69.54%42.17%0.00%
Net Debt to EBITDA0.162.66-0.09-0.040.890.17-0.710.10.010

SKYE Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover0000000000
Payables Turnover0.040.520.110.060.0400.010.10.080.05
Inventory Turnover0000000000
Days Sales Outstanding0000000000
Days Payables Outstanding9032.67695.743395.245696.959624.7974359.3934904.443687.114582.756720.79
Days of Inventory on Hand0000000000

SKYE Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA0-1.38-0.61-0.47-1.85-1.417.82-11.1-1.190
Market Cap$8.08M$103.26M$19.06M$7.94M$21.14M$9.23M$17.42M$52.58M$4.59M$5.72M
Enterprise Value$50,395.00$35.30M$22.42M$8.67M$14.29M$8.26M$15.98M$52.09M$4.56M$5.66M
Dividend Yield0.00%0.00%0.00%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%0.00%0.00%

Frequently Asked Questions

How does Skye Bioscience, Inc.’s P/E ratio compare with its history?

On this page, SKYE's current P/E is -0.2, compared with a multi-year average around 16.6. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is Skye Bioscience, 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 $8.08M. 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.

How does Skye Bioscience, Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Skye Bioscience, Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Skye Bioscience, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Skye Bioscience, 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 Skye Bioscience, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Skye Bioscience, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Skye Bioscience, Inc. is financially strong. Current ratio is about 0.95, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about -9439.02, implying less buffer for servicing interest costs. Debt-to-equity is about -0.07, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Skye Bioscience, 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 Skye Bioscience, Inc. is sustaining strong returns (for example ROE at -329.08% and ROIC at 11242.31%) 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.