Basis: FMP quote market capitalization / four-quarter operating cash flow. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/OCF ratio high or low?
The Price/OCF ratio of 67.98 is 33% above its estimated 2-year average of 51.23, around the middle of its estimated 2-year range (8.03–139.74).
As of 2026-10-06T21:08:11.849Z. 27.61% below its estimated 12-month average of 93.91.
Calculation as of: 2026-10-06T21:08:11.849Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 03323db2775440637d437753bcbe4752de1aa38160fb89fba54e51888a6c5dc1
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PRICE/OCF RATIO
67.98
PRICE/OCF RATIO AVG TTM
93.91
PRICE/OCF RATIO AVG 3Y
51.23
PRICE/OCF RATIO AVG 5Y
51.23
PRICE/OCF RATIO AVG 10Y
N/A
PRICE/OCF RATIO AVG 15Y
N/A
PRICE/OCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-27.61%
CURRENT VS 3Y AVG
+32.70%
CURRENT VS 5Y AVG
+32.70%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
17.11
median of 234 covered companies
CURRENT VS SECTOR MEDIAN
+297.31%
vs the sector median at left
Protagonist Therapeutics, Inc.
Market Cap
$8.92B
Price/OCF Ratio
67.98
TTM Avg
93.91
3Y Avg
51.23
5Y Avg
51.23
Market Cap
$8.93B
Price/OCF Ratio
46.89
TTM Avg
431.84
3Y Avg
416.88
5Y Avg
416.88
Market Cap
$8.72B
Price/OCF Ratio
N/A
TTM Avg
31.83
3Y Avg
31.73
5Y Avg
31.73
Market Cap
$8.67B
Price/OCF Ratio
N/A
TTM Avg
89.68
3Y Avg
89.68
5Y Avg
63.13
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Protagonist Therapeutics, Inc. (PTGX) | $8.92B | 67.98 | 93.91 | 51.23 | 51.23 |
| Bruker Corporation (BRKRP)vs › | $8.93B | 46.89 | 431.84 | 416.88 | 416.88 |
| Axsome Therapeutics, Inc. (AXSM)vs › | $8.97B | N/A | N/A | N/A | N/A |
| Kymera Therapeutics, Inc. (KYMR)vs › | $8.72B | N/A | 31.83 | 31.73 | 31.73 |
| Arrowhead Pharmaceuticals, Inc. (ARWR)vs › | $8.67B | N/A | 89.68 | 89.68 | 63.13 |
| Bruker Corporation (BRKR)vs › | $9.21B | 48.37 | 56.23 | 39.18 | 38.23 |
| Insulet Corp. (PODD)vs › | $9.33B | 18.26 | 28.05 | 52.68 | 114.81 |
| Oscar Health, Inc. (OSCR)vs › | $8.38B | 1.92 | 3.82 | 5.82 | 6.60 |
| Vaxcyte, Inc. (PCVX)vs › | $9.63B | N/A | N/A | N/A | N/A |
| Krystal Biotech, Inc. (KRYS)vs › | $9.63B | 35.38 | 39.12 | 42.86 | 42.86 |
P/OCF Ratio
68.0
P/FCF Ratio
68.3
P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/OCF RATIO |
|---|---|
| 2026-10-05 | 76.11 |
| 2026-10-02 | 75.80 |
| 2026-10-01 | 75.33 |
| 2026-09-30 | 76.25 |
| 2026-09-29 | 76.30 |
| 2026-09-28 | 77.09 |
| 2026-09-25 | 76.78 |
| 2026-09-24 | 74.33 |
| 2026-09-23 | 75.07 |
| 2026-09-22 | 78.52 |
| 2026-09-21 | 78.47 |
| 2026-09-18 | 77.40 |
| 2026-09-17 | 77.77 |
| 2026-09-16 | 77.31 |
| 2026-09-15 | 77.61 |
| 2026-09-14 | 79.98 |
| 2026-09-11 | 80.20 |
| 2026-09-10 | 78.56 |
| 2026-09-09 | 78.53 |
| 2026-09-08 | 78.99 |
| 2026-09-04 | 78.87 |
| 2026-09-03 | 80.53 |
| 2026-09-02 | 79.06 |
| 2026-09-01 | 79.28 |
| 2026-08-31 | 79.97 |
| 2026-08-28 | 78.11 |
| 2026-08-27 | 80.91 |
| 2026-08-26 | 82.00 |
| 2026-08-25 | 81.50 |
| 2026-08-24 | 83.74 |
| 2026-08-21 | 83.52 |
| 2026-08-20 | 81.56 |
| 2026-08-19 | 83.86 |
| 2026-08-18 | 85.16 |
| 2026-08-17 | 85.85 |
| 2026-08-14 | 83.94 |
| 2026-08-13 | 81.95 |
| 2026-08-12 | 82.27 |
| 2026-08-11 | 80.26 |
| 2026-08-10 | 81.18 |
| 2026-08-07 | 78.95 |
| 2026-08-06 | 79.12 |
| 2026-05-05 | 109.36 |
| 2026-05-04 | 109.70 |
| 2026-05-01 | 108.44 |
| 2026-04-30 | 109.10 |
| 2026-04-29 | 108.60 |
| 2026-04-28 | 111.57 |
| 2026-04-27 | 108.59 |
| 2026-04-24 | 110.23 |
| 2026-04-23 | 113.12 |
| 2026-04-22 | 116.35 |
| 2026-04-21 | 116.73 |
| 2026-04-20 | 116.26 |
| 2026-04-17 | 116.83 |
| 2026-04-16 | 114.35 |
| 2026-04-15 | 116.23 |
| 2026-04-14 | 115.44 |
| 2026-04-13 | 107.56 |
| 2026-04-10 | 108.93 |
| 2026-04-09 | 114.74 |
| 2026-04-08 | 112.54 |
| 2026-04-07 | 114.37 |
| 2026-04-06 | 113.42 |
| 2026-04-02 | 114.40 |
| 2026-04-01 | 114.28 |
| 2026-03-31 | 116.19 |
| 2026-03-30 | 110.09 |
| 2026-03-27 | 109.10 |
| 2026-03-26 | 112.63 |
| 2026-03-25 | 114.99 |
| 2026-03-24 | 110.66 |
| 2026-03-23 | 108.62 |
| 2026-03-20 | 108.99 |
| 2026-03-19 | 112.09 |
| 2026-03-18 | 107.03 |
| 2026-03-17 | 107.18 |
| 2026-03-16 | 106.65 |
| 2026-03-13 | 101.81 |
| 2026-03-12 | 105.19 |
| 2026-03-11 | 106.35 |
| 2026-03-10 | 106.98 |
| 2026-03-09 | 106.55 |
| 2026-03-06 | 101.51 |
| 2026-03-05 | 100.76 |
| 2026-03-04 | 104.53 |
| 2026-03-03 | 100.64 |
| 2026-03-02 | 103.88 |
| 2026-02-27 | 101.50 |
| 2026-02-26 | 97.44 |
| 2026-02-25 | 84.84 |
| 2026-02-24 | 85.13 |
| 2026-02-23 | 84.35 |
| 2026-02-20 | 80.62 |
| 2026-02-19 | 80.94 |
| 2026-02-18 | 80.84 |
| 2026-02-17 | 80.32 |
| 2026-02-13 | 79.38 |
| 2026-02-12 | 79.81 |
| 2026-02-11 | 81.33 |
| 2026-02-10 | 81.71 |
| 2026-02-09 | 81.16 |
| 2026-02-06 | 82.30 |
| 2026-02-05 | 78.58 |
| 2026-02-04 | 81.14 |
| 2026-02-03 | 83.37 |
| 2026-02-02 | 80.90 |
| 2026-01-30 | 79.68 |
| 2026-01-29 | 77.66 |
| 2026-01-28 | 79.64 |
| 2026-01-27 | 80.93 |
| 2026-01-26 | 80.17 |
| 2026-01-23 | 80.95 |
| 2026-01-22 | 82.59 |
| 2026-01-21 | 81.72 |
| 2026-01-20 | 81.26 |
| 2026-01-16 | 79.87 |
| 2026-01-15 | 82.55 |
| 2026-01-14 | 83.02 |
| 2026-01-13 | 79.25 |
| 2026-01-12 | 78.17 |
| 2026-01-09 | 78.14 |
| 2026-01-08 | 78.12 |
| 2026-01-07 | 80.21 |
| 2026-01-06 | 80.14 |
| 2026-01-05 | 82.00 |
| 2026-01-02 | 84.92 |
| 2025-12-31 | 85.08 |
| 2025-12-30 | 85.00 |
| 2025-12-29 | 85.65 |
| 2025-12-26 | 86.48 |
| 2025-12-24 | 86.54 |
| 2025-12-23 | 86.43 |
| 2025-12-22 | 85.15 |
| 2025-12-19 | 83.82 |
| 2025-12-18 | 83.57 |
| 2025-12-17 | 87.03 |
| 2025-12-16 | 89.17 |
| 2025-12-15 | 92.33 |
| 2025-12-12 | 92.88 |
| 2025-12-11 | 89.86 |
| 2025-12-10 | 89.01 |
| 2025-12-09 | 86.27 |
| 2025-12-08 | 87.91 |
| 2025-12-05 | 87.33 |
| 2025-12-04 | 85.07 |
| 2025-12-03 | 83.84 |
| 2025-12-02 | 82.46 |
| 2025-12-01 | 83.42 |
| 2025-11-28 | 87.67 |
| 2025-11-26 | 87.74 |
| 2025-11-25 | 87.53 |
| 2025-11-24 | 85.42 |
| 2025-11-21 | 83.19 |
| 2025-11-20 | 82.02 |
| 2025-11-19 | 82.93 |
| 2025-11-18 | 82.20 |
| 2025-11-17 | 82.57 |
| 2025-11-14 | 82.42 |
| 2025-11-13 | 81.08 |
| 2025-11-12 | 82.65 |
| 2025-11-11 | 83.34 |
| 2025-11-10 | 81.07 |
| 2025-11-07 | 77.48 |
| 2025-11-06 | 128.14 |
| 2025-11-05 | 125.09 |
| 2025-11-04 | 122.87 |
| 2025-11-03 | 121.99 |
| 2025-10-31 | 126.28 |
| 2025-10-30 | 125.04 |
| 2025-10-29 | 123.18 |
| 2025-10-28 | 126.10 |
| 2025-10-27 | 120.86 |
| 2025-10-24 | 120.24 |
| 2025-10-23 | 118.84 |
| 2025-10-22 | 118.05 |
| 2025-10-21 | 120.46 |
| 2025-10-20 | 123.23 |
| 2025-10-17 | 124.48 |
| 2025-10-16 | 121.63 |
| 2025-10-15 | 124.77 |
| 2025-10-14 | 123.58 |
| 2025-10-13 | 127.16 |
| 2025-10-10 | 139.74 |
| 2025-10-09 | 107.68 |
| 2025-10-08 | 104.88 |
| 2025-10-07 | 105.16 |
| 2025-10-06 | 103.02 |
| 2025-10-03 | 104.13 |
| 2025-10-02 | 104.37 |
| 2025-10-01 | 102.79 |
| 2025-09-30 | 106.70 |
| 2025-09-29 | 104.63 |
| 2025-09-26 | 108.29 |
| 2025-09-25 | 103.92 |
| 2025-09-24 | 105.93 |
| 2025-09-23 | 104.50 |
| 2025-09-22 | 103.61 |
| 2025-09-19 | 99.90 |
| 2025-09-18 | 99.81 |
| 2025-09-17 | 95.12 |
| 2025-09-16 | 94.11 |
| 2025-09-15 | 93.77 |
| 2025-09-12 | 94.54 |
| 2025-09-11 | 95.86 |
| 2025-09-10 | 92.74 |
| 2025-09-09 | 93.74 |
| 2025-09-08 | 90.25 |
| 2025-09-05 | 97.22 |
| 2025-09-04 | 95.73 |
| 2025-09-03 | 93.33 |
| 2025-09-02 | 94.52 |
| 2025-08-29 | 94.84 |
| 2025-08-28 | 93.38 |
| 2025-08-27 | 98.67 |
| 2025-08-26 | 91.54 |
| 2025-08-25 | 91.36 |
| 2025-08-22 | 92.32 |
| 2025-08-21 | 90.01 |
| 2025-08-20 | 90.31 |
| 2025-08-19 | 90.35 |
| 2025-08-18 | 90.28 |
| 2025-08-15 | 90.06 |
| 2025-08-14 | 88.32 |
| 2025-08-13 | 91.10 |
| 2025-08-12 | 87.58 |
| 2025-08-11 | 86.33 |
| 2025-08-08 | 82.03 |
| 2025-08-07 | 81.85 |
| 2025-08-06 | 10.07 |
| 2025-08-05 | 10.07 |
| 2025-08-04 | 10.06 |
| 2025-08-01 | 10.06 |
| 2025-07-31 | 10.06 |
| 2025-07-30 | 10.21 |
| 2025-07-29 | 10.28 |
| 2025-07-28 | 10.51 |
| 2025-07-25 | 10.31 |
| 2025-07-24 | 10.04 |
| 2025-07-23 | 10.13 |
| 2025-07-22 | 10.28 |
| 2025-07-21 | 10.32 |
| 2025-07-18 | 10.37 |
| 2025-07-17 | 10.55 |
| 2025-07-16 | 10.58 |
| 2025-07-15 | 10.34 |
| 2025-07-14 | 10.32 |
| 2025-07-11 | 9.90 |
| 2025-07-10 | 9.87 |
| 2025-07-09 | 9.77 |
| 2025-07-08 | 9.29 |
| 2025-07-07 | 9.32 |
| 2025-07-03 | 9.54 |
| 2025-07-02 | 9.47 |
| 2025-07-01 | 9.38 |
| 2025-06-30 | 10.33 |
| 2025-06-27 | 10.41 |
| 2025-06-26 | 10.32 |
| 2025-06-25 | 10.17 |
| 2025-06-24 | 10.03 |
Showing the most recent 260 of 605 data points. The chart above shows the full history.
