BBIO vs. APG
BBIO (BridgeBio Pharma, Inc.) and APG (APi Group Corporation) are both stocks. BBIO operates in Biotechnology (Healthcare), while APG operates in Engineering & Construction (Industrials). Over the past 5 years, BBIO returned 1.89%/yr vs 22.71%/yr for APG. At a 0.32 correlation, their price movements are largely independent.
Performance
BBIO vs. APG - Performance Comparison
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Returns By Period
In the year-to-date period, BBIO achieves a -11.92% return, which is significantly lower than APG's 10.30% return.
BBIO
- 1D
- -0.35%
- 1M
- -0.03%
- YTD
- -11.92%
- 6M
- -9.25%
- 1Y
- 74.44%
- 3Y*
- 61.48%
- 5Y*
- 1.89%
- 10Y*
- —
APG
- 1D
- 0.52%
- 1M
- -4.18%
- YTD
- 10.30%
- 6M
- 8.48%
- 1Y
- 29.87%
- 3Y*
- 37.01%
- 5Y*
- 22.71%
- 10Y*
- —
BBIO vs. APG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BBIO BridgeBio Pharma, Inc. | -11.92% | 178.75% | -32.03% | 429.79% | -54.32% | -76.54% | 123.76% |
APG APi Group Corporation | 10.30% | 59.55% | 3.96% | 83.94% | -27.01% | 41.98% | 74.52% |
Correlation
The correlation between BBIO and APG is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2020 | 0.32 |
The correlation between BBIO and APG shifts across timeframes, from 0.23 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BBIO:
$13.12B
APG:
$18.36B
BBIO:
-$3.76
APG:
$0.73
BBIO:
23.00
APG:
2.19
BBIO:
$566.04M
APG:
$8.17B
BBIO:
$538.20M
APG:
$2.57B
BBIO:
-$602.24M
APG:
$820.00M
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Return for Risk
BBIO vs. APG — Risk / Return Rank
BBIO
APG
BBIO vs. APG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BridgeBio Pharma, Inc. (BBIO) and APi Group Corporation (APG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BBIO | APG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.20 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | 1.68 | +2.01 |
| Martin ratioReturn relative to average drawdown | 9.25 | 5.22 | +4.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BBIO | APG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 1.08 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.70 | -0.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 1.04 | -0.88 |
Drawdowns
BBIO vs. APG - Drawdown Comparison
The maximum BBIO drawdown since its inception was -92.80%, which is greater than APG's maximum drawdown of -49.62%. Use the drawdown chart below to compare losses from any high point for BBIO and APG.
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Drawdown Indicators
| BBIO | APG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.80% | -49.62% | -43.18% |
Max Drawdown (1Y)Largest decline over 1 year | -20.25% | -17.83% | -2.42% |
Max Drawdown (3Y)Largest decline over 3 years | -49.08% | -21.23% | -27.85% |
Max Drawdown (5Y)Largest decline over 5 years | -91.89% | -49.62% | -42.27% |
Current DrawdownCurrent decline from peak | -15.69% | -14.57% | -1.12% |
Average DrawdownAverage peak-to-trough decline | -45.80% | -10.33% | -35.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.07% | 5.74% | +2.33% |
Volatility
BBIO vs. APG - Volatility Comparison
BridgeBio Pharma, Inc. (BBIO) has a higher volatility of 12.10% compared to APi Group Corporation (APG) at 7.39%. This indicates that BBIO's price experiences larger fluctuations and is considered to be riskier than APG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBIO | APG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.10% | 7.39% | +4.71% |
Volatility (6M)Calculated over the trailing 6-month period | 34.41% | 22.05% | +12.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.75% | 27.89% | +18.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.95% | 32.53% | +53.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.80% | 33.07% | +50.73% |
Dividends
BBIO vs. APG - Dividend Comparison
Neither BBIO nor APG has paid dividends to shareholders.
Financials
BBIO vs. APG - Financials Comparison
This section allows you to compare key financial metrics between BridgeBio Pharma, Inc. and APi Group Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BBIO vs. APG - Profitability Comparison
BBIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BridgeBio Pharma, Inc. reported a gross profit of 178.39M and revenue of 180.60M. Therefore, the gross margin over that period was 98.8%.
APG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, APi Group Corporation reported a gross profit of 620.00M and revenue of 1.98B. Therefore, the gross margin over that period was 31.3%.
BBIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BridgeBio Pharma, Inc. reported an operating income of -105.96M and revenue of 180.60M, resulting in an operating margin of -58.7%.
APG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, APi Group Corporation reported an operating income of 103.00M and revenue of 1.98B, resulting in an operating margin of 5.2%.
BBIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BridgeBio Pharma, Inc. reported a net income of -164.04M and revenue of 180.60M, resulting in a net margin of -90.8%.
APG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, APi Group Corporation reported a net income of 51.00M and revenue of 1.98B, resulting in a net margin of 2.6%.
Frequently Asked Questions
BBIO and APG have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBIO has higher volatility (12.10%) compared to APG (7.39%). In terms of maximum drawdown, BBIO dropped -92.80% vs APG's -49.62%.
BBIO currently has the higher Sharpe Ratio (1.60 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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