New York City-based biopharmaceutical company Bristol-Myers Squibb Company (BMY) researches, develops, licenses, produces, and sells products worldwide. Its drugs are used to treat hematological, oncology, cardiology, immunology, fibrotic, neurology, and COVID-19 diseases. The company's shares have soared 12.1% in price over the past year and 17.6% over the past three months to close yesterday's trading session at $67.74.
In terms of forward Non-GAAP P/E, the stock is currently trading at 8.81x, which is 56.6% lower than the 20.31x industry average. Also, its 3.19x forward Price/Sales is 39.4% lower than the 5.26x industry average. And its 8.30x forward Price/Cash Flow is 49.6% lower than the 16.46x industry average.
