09688 Relative Valuation
09688's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, 09688 is overvalued; if below, it's undervalued.
Historical Valuation
ZAI LAB (09688) is now in the Fair zone, suggesting that its current forward PS ratio of 0.00 is considered Fairly compared with the five-year average of -19.83. The fair price of ZAI LAB (09688) is between NaN to NaN according to relative valuation methord.
Relative Value
Fair Zone
NaN-NaN
Current Price：13.63
Fair
-45.15
PE
1Y
3Y
5Y
-28.42
EV/EBITDA
ZAI LAB. (09688) has a current EV/EBITDA of -28.42. The 5-year average EV/EBITDA is -14.42. The thresholds are as follows: Strongly Undervalued below -39.14, Undervalued between -39.14 and -26.78, Fairly Valued between -2.07 and -26.78, Overvalued between -2.07 and 10.29, and Strongly Overvalued above 10.29. The current Forward EV/EBITDA of -28.42 falls within the Undervalued range.
-13.25
EV/EBIT
ZAI LAB. (09688) has a current EV/EBIT of -13.25. The 5-year average EV/EBIT is -13.75. The thresholds are as follows: Strongly Undervalued below -35.68, Undervalued between -35.68 and -24.72, Fairly Valued between -2.79 and -24.72, Overvalued between -2.79 and 8.17, and Strongly Overvalued above 8.17. The current Forward EV/EBIT of -13.25 falls within the Historic Trend Line -Fairly Valued range.
3.60
PS
ZAI LAB. (09688) has a current PS of 3.60. The 5-year average PS is 20.56. The thresholds are as follows: Strongly Undervalued below -31.81, Undervalued between -31.81 and -5.63, Fairly Valued between 46.74 and -5.63, Overvalued between 46.74 and 72.93, and Strongly Overvalued above 72.93. The current Forward PS of 3.60 falls within the Historic Trend Line -Fairly Valued range.
-69.68
P/OCF
ZAI LAB. (09688) has a current P/OCF of -69.68. The 5-year average P/OCF is -22.98. The thresholds are as follows: Strongly Undervalued below -64.77, Undervalued between -64.77 and -43.88, Fairly Valued between -2.08 and -43.88, Overvalued between -2.08 and 18.82, and Strongly Overvalued above 18.82. The current Forward P/OCF of -69.68 falls within the Strongly Undervalued range.
-24.73
P/FCF
ZAI LAB. (09688) has a current P/FCF of -24.73. The 5-year average P/FCF is -16.31. The thresholds are as follows: Strongly Undervalued below -36.18, Undervalued between -36.18 and -26.24, Fairly Valued between -6.37 and -26.24, Overvalued between -6.37 and 3.57, and Strongly Overvalued above 3.57. The current Forward P/FCF of -24.73 falls within the Historic Trend Line -Fairly Valued range.
ZAI LAB (09688) has a current Price-to-Book (P/B) ratio of 0.25. Compared to its 3-year average P/B ratio of 0.75 , the current P/B ratio is approximately -65.79% higher. Relative to its 5-year average P/B ratio of 0.70, the current P/B ratio is about -63.60% higher. ZAI LAB (09688) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -9.55%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -9.00% , the current FCF yield is about -100.00% lower.
0.25
P/B
Median3y
0.75
Median5y
0.70
-9.67
FCF Yield
Median3y
-9.55
Median5y
-9.00
Performance Decomposition
1Y
3Y
5Y
Market capitalization of 09688 increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of 09688 in the past 1 year is driven by Unknown.
People Also Watch
AAPL
Apple Inc
271.31USD
0.13%
AVGO
Broadcom Inc
348.94USD
2.19%
ORCL
Oracle Corp
194.6681USD
-1.87%
META
Meta Platforms Inc
663.64USD
0.32%
TSLA
Tesla Inc
484.706USD
-0.82%
MSFT
Microsoft Corp
486.27USD
0.28%
XOM
Exxon Mobil Corp
119.375USD
1.04%
AMZN
Amazon.com Inc
231.2USD
1.21%
WMT
Walmart Inc
111.64USD
-0.85%
NVDA
NVIDIA Corp
188.03USD
2.36%
Frequently Asked Questions
Is ZAI LAB (09688) currently overvalued or undervalued?
ZAI LAB (09688) is now in the Fair zone, suggesting that its current forward PS ratio of 0.00 is considered Fairly compared with the five-year average of -19.83. The fair price of ZAI LAB (09688) is between NaN to NaN according to relative valuation methord.
What is ZAI LAB (09688) fair value?
09688's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of ZAI LAB (09688) is between NaN to NaN according to relative valuation methord.
How does 09688's valuation metrics compare to the industry average?
The average P/S ratio for 09688's competitors is , providing a benchmark for relative valuation. ZAI LAB Corp (09688) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.
What is the current P/B ratio for ZAI LAB (09688) as of Dec 23 2025?
As of Dec 23 2025, ZAI LAB (09688) has a P/B ratio of 0.25. This indicates that the market values 09688 at 0.25 times its book value.
What is the current FCF Yield for ZAI LAB (09688) as of Dec 23 2025?
As of Dec 23 2025, ZAI LAB (09688) has a FCF Yield of 0.00%. This means that for every dollar of ZAI LAB’s market capitalization, the company generates 0.00 cents in free cash flow.
What is the current Forward P/E ratio for ZAI LAB (09688) as of Dec 23 2025?
As of Dec 23 2025, ZAI LAB (09688) has a Forward P/E ratio of -45.15. This means the market is willing to pay $-45.15 for every dollar of ZAI LAB’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for ZAI LAB (09688) as of Dec 23 2025?
As of Dec 23 2025, ZAI LAB (09688) has a Forward P/S ratio of 0.00. This means the market is valuing 09688 at $0.00 for every dollar of expected revenue over the next 12 months.