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ISIN
US98937L1052
IPO Date
Sep 13, 2024

Highlights

Market Cap
$1.16B
Enterprise Value
$852.55M
EPS (TTM)
-$9.14
Total Revenue (TTM)
$10.00M
Gross Profit (TTM)
-$48.04M
EBITDA (TTM)
-$255.29M
Year Range
$8.91 - $44.60
Target Price
$33.50
ROA (TTM)
-56.86%
ROE (TTM)
-126.60%

Share Price Chart


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Zenas BioPharma, Inc

Often compared with ZBIO:
ZBIO vs. HOOD

Performance

ZBIO Performance Chart

Zenas BioPharma, Inc (ZBIO) is down 42.7% since the beginning of the year. At $21 per share, ZBIO is trading 53.4% below its 52-week high of $45.


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S&P 500 Index

Returns By Period

Zenas BioPharma, Inc (ZBIO) has returned -42.72% so far this year and 126.33% over the past 12 months.


Zenas BioPharma, Inc

1D
5.16%
1M
9.65%
YTD
-42.72%
6M
-50.86%
1Y
126.33%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ZBIO Monthly Returns History

Based on dividend-adjusted daily data since Sep 13, 2024, ZBIO's average daily return is +0.27%, while the average monthly return is +4.92%. At this rate, an investment would double in approximately 1.2 years.

Historically, 50% of months were positive and 50% were negative. The best month was Jul 2025 with a return of +62.1%, while the worst month was Jan 2026 at -49.4%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.

On a daily basis, ZBIO closed higher 51% of trading days. The best single day was Oct 27, 2025 with a return of +33.1%, while the worst single day was Jan 5, 2026 at -51.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-49.41%43.44%-25.81%-1.18%-4.76%13.04%-42.72%
2025-2.08%-12.59%12.70%46.58%-17.79%1.79%62.13%1.85%38.75%40.77%24.26%-6.49%343.35%
2024-7.79%25.50%-45.80%-28.84%-55.37%

Benchmark Metrics

Zenas BioPharma, Inc has an annualized alpha of 57.60%, beta of 1.31, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since September 13, 2024.

  • This stock tended to rise when S&P 500 Index fell (downside capture of -283.90%), but participation in market rallies was also limited (-36.38%) - a profile typical of counter-cyclical assets.
  • R2 of 0.04 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
57.60%
Beta
1.31
0.04
Upside Capture
-36.38%
Downside Capture
-283.90%

Return for Risk

Risk / Return Rank

ZBIO ranks 75 for risk / return — better than 75% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


ZBIO Risk / Return Rank: 7575
Overall Rank
ZBIO Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
ZBIO Sortino Ratio Rank: 7676
Sortino Ratio Rank
ZBIO Omega Ratio Rank: 8080
Omega Ratio Rank
ZBIO Calmar Ratio Rank: 7575
Calmar Ratio Rank
ZBIO Martin Ratio Rank: 7070
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Zenas BioPharma, Inc (ZBIO) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


ZBIOBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.90

Sortino ratioReturn per unit of downside risk

-0.80

Omega ratioGain probability vs. loss probability

1.29

1.37

-0.07

Calmar ratioReturn relative to maximum drawdown

1.96

2.78

-0.82

Martin ratioReturn relative to average drawdown

3.56

12.44

-8.88

Dividends

Dividend History


Zenas BioPharma, Inc doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Zenas BioPharma, Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Zenas BioPharma, Inc was 74.96%, occurring on Jan 28, 2025. Recovery took 175 trading sessions.

The current Zenas BioPharma, Inc drawdown is 51.82%.


Related event

Drawdown

Fall

Recovery

Underwater

2025 bear market2025
-74.96%Jan 2025
3mo 7d8mo 13d
11mo 20dOct 2024 - Oct 2025
2026 bear market2026
-64.79%Jan 2026
11d
5mo 29dDec 2025 - now
2025 correction2025
-19.71%Dec 2025
0s7d
7dDec 2025 - Dec 2025
2025 correction2025
-14.88%Dec 2025
4d10d
14dNov 2025 - Dec 2025
2025 correction2025
-13.92%Oct 2025
14d3d
17dOct 2025 - Oct 2025

Drawdown Indicators


ZBIOBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-74.96%

-56.78%

-18.18%

Max Drawdown (1Y)

Largest decline over 1 year

-64.79%

-9.10%

-55.69%

Max Drawdown (3Y)

Largest decline over 3 years

-18.90%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-51.82%

-1.80%

-50.02%

Average Drawdown

Average peak-to-trough decline

-42.89%

-10.71%

-32.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

35.67%

2.03%

+33.64%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Zenas BioPharma, Inc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Zenas BioPharma, Inc is priced in the market compared to other companies in the Biotechnology industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for ZBIO relative to other companies in the Biotechnology industry. Currently, ZBIO has a P/S ratio of 96.8. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for ZBIO in comparison with other companies in the Biotechnology industry. Currently, ZBIO has a P/B value of 3.4. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
Portfolio Analyzer

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