Incannex Healthcare IXHL

NASDAQ IXHL
$2.76 +0.01 (+0.53%)
At close: Oct 21, 2026 · 4:00 PM EDT

Incannex Healthcare (IXHL) stock price is $2.76, up 0.53% on the day, as of Oct 21, 2026. It has a market cap of $32.18Mn, and is classified in the Pharmaceuticals industry (Healthcare sector).

Key Stats
Market Cap32.18 Mn
P/E-1.67
Div. Yield0.00
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About

Incannex Healthcare Inc. is a clinical stage biopharmaceutical company dedicated to developing innovative medicines for patients with serious chronic diseases and significant unmet needs. The company focuses on creating oral fixed dose combination therapies that target multiple disease pathways simultaneously. Its lead programs include IHL-42X for obstructive sleep apnea PSX-001 for generalized anxiety disorder and IHL-675A for rheumatoid arthritis. Each candidate combines…

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Sector: Healthcare Sector rationale Incannex Healthcare is a clinical-stage biopharmaceutical company developing medicines for obstructive sleep apnea, generalized anxiety disorder, and rheumatoid arthritis. Its core business activity is the research and development of pharmaceutical candidates (e.g., IHL-42X, PSX-001) for regulatory approval and future sale to healthcare providers and patients. Industry: Pharmaceuticals Pharmaceuticals Primary Incannex Healthcare is a clinical-stage biopharmaceutical company developing oral fixed-dose combination therapies, such as IHL-42X for sleep apnea and PSX-001 for anxiety. These are described as combinations of active agents (small molecules) rather than biologics, fitting the profile of a branded pharmaceutical developer. Classified using BQ-MICS CIK: 0001873875

Segments [axis] Breakdown of Revenue (2021)

History
Peer percentiles

How Incannex Healthcare ranks

Ranked against the 668 companies in Pharmaceuticals and Biotechnology58 metrics · as of Oct 21, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/ENegative earnings −1.68xMedian 16.8x 33rd
  • P/FCFNegative free cash flow −2.70xMedian 18.3x 35th
  • P/Operating cash flowNegative operating cash flow −2.70xMedian 17.0x 34th
  • P/S —Median 9.38x No data —
  • P/B 0.52xMedian 2.17x 87th
  • P/Tangible book 0.52xMedian 2.42x 88th
  • EV/EBITDANet cash exceeds market value 1.44xMedian 15.7x Not meaningful —
  • EV/EBITNet cash exceeds market value 1.43xMedian 19.8x Not meaningful —
  • EV/Revenue —Median 6.59x No data —
  • EV/FCFNet cash exceeds market value 2.54xMedian 19.2x Not meaningful —
  • EV/Operating cash flowNet cash exceeds market value 2.55xMedian 16.0x Not meaningful —
  • PEG (3Y EPS CAGR) —Median 0.33 No data —
Peer group

Peer Comparison

Companies in the Pharmaceuticals
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S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 LLY ELI LILLY & Co 1,136.97 Bn42.5714.2754.91 Bn
2 JNJ Johnson & Johnson 619.72 Bn29.466.3349.04 Bn
3 ABBV AbbVie Inc. 503.40 Bn79.787.8270.82 Bn
4 MRK Merck & Co., Inc. 370.15 Bn116.665.5653.91 Bn
5 NVS Novartis Ag 298.64 Bn18.935.459.59 Bn
6 AZN Astrazeneca Plc 261.07 Bn24.994.4532.35 Bn
7 AMGN Amgen Inc 237.00 Bn27.116.2257.30 Bn
8 IXHL Incannex Healthcare Inc. 0.03 Bn-1.67--