CADL Historical PE Ratio image Candel Therapeutics Historical PE Ratio

This CADL historical PE ratio page, which was last updated 8/20/2026, presents historical price to earnings information for Candel Therapeutics under both the TTM method and the annualized method, and presented in both tabular and graphical format for ease of study.

CADL Historical PE Ratio Notes

— Candel Therapeutics (ticker symbol: CADL) is a clinical-stage biopharmaceutical company specializing in the development & commercialization of novel immunotherapies for cancer. The company's primary focus lies in leveraging viral-based therapies to stimulate the body's immune system to target & destroy cancer cells, with candidates such as CAN-2409 & CAN-3110 advancing through clinical trials targeting various solid tumor types. Because Candel Therapeutics is pre-revenue and heavily investment-focused, it often reports negative earnings, which means you will notice that its historical PE ratio data may either be negative or not applicable (N/A) in many periods. This is typical for early-stage biotechs, where scientific progress & future commercial potential, rather than current earnings, have a much larger impact on stock price, resulting in unusual or uninformative PE ratios. When reviewing historical charts & tables related to price, earnings, and PE ratio, it's crucial to recognize that fluctuations in CADL's ratios are more reflective of market sentiment about future pipeline successes & fundraising than changes in ongoing profitability. As a result, traditional valuation through PE ratio is often less meaningful, and investors tend to weigh clinical milestones, regulatory news, & partnership announcements more heavily than near-term financial performance.
CADL Historical PE Ratio Chart
PeriodPriceGAAPAnnualizedPE
Q2 2026
8/13/2026
11.80-0.52-2.08NA
Q1 2026
5/14/2026
8.91-0.14-0.56NA
Q4 2025
3/12/2026
4.98-0.54-2.16NA
Q3 2025
11/13/2025
4.61-0.21-0.84NA
Q2 2025
8/14/2025
6.04-0.09-0.36NA
Q1 2025
5/13/2025
5.390.130.5210.4
Q4 2024
3/13/2025
7.94-0.40-1.60NA
Q3 2024
11/14/2024
4.30-0.33-1.32NA
Q2 2024
8/13/2024
5.84-0.74-2.96NA
Q1 2024
5/14/2024
10.70-0.28-1.12NA
Q4 2023
3/28/2024
1.58-0.38-1.52NA
Q3 2023
11/9/2023
0.87-0.29-1.16NA
Q2 2023
8/10/2023
1.06-0.33-1.32NA
Q1 2023
5/11/2023
1.72-0.30-1.20NA
Q4 2022
3/30/2023
1.38-0.18-0.72NA
Q3 2022
11/10/2022
1.66-0.30-1.20NA
Q2 2022
9/5/2022
NA-0.30-1.20NA
Q2 2022
8/5/2022
3.50-0.30-1.20NA
Q1 2022
5/12/2022
3.80-0.30-1.20NA
Q4 2021
3/29/2022
4.42-0.23-0.92NA
Q3 2021
11/12/2021
11.04-0.26-1.04NA
Q2 2021
9/8/2021
11.21-0.31-1.24NA
CADL PE History Chart
PeriodPriceGAAPTTMPE
Q2 2026
8/13/2026
11.80-0.52-1.41NA
Q1 2026
5/14/2026
8.91-0.14-0.98NA
Q4 2025
3/12/2026
4.98-0.54-0.71NA
Q3 2025
11/13/2025
4.61-0.21-0.57NA
Q2 2025
8/14/2025
6.04-0.09-0.69NA
Q1 2025
5/13/2025
5.390.13-1.34NA
Q4 2024
3/13/2025
7.94-0.40-1.75NA
Q3 2024
11/14/2024
4.30-0.33-1.73NA
Q2 2024
8/13/2024
5.84-0.74-1.69NA
Q1 2024
5/14/2024
10.70-0.28-1.28NA
Q4 2023
3/28/2024
1.58-0.38-1.30NA
Q3 2023
11/9/2023
0.87-0.29-1.10NA
Q2 2023
8/10/2023
1.06-0.33-1.11NA
Q1 2023
5/11/2023
1.72-0.30-1.08NA
Q4 2022
3/30/2023
1.38-0.18-1.08NA
Q3 2022
11/10/2022
1.66-0.30-1.20NA
Q2 2022
9/5/2022
NA-0.30-1.13NA
Q2 2022
8/5/2022
3.50-0.30-0.83NA
Q1 2022
5/12/2022
3.80-0.30-0.79NA
Q4 2021
3/29/2022
4.42-0.23-0.80NA
Q3 2021
11/12/2021
11.04-0.26NANA
Q2 2021
9/8/2021
11.21-0.31NANA
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Candel Therapeutics (CADL) is categorized under the Healthcare sector; to help you further research PE history across stocks, below are some other companies in the same sector:

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How should the CADL historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Candel Therapeutics. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this CADL Historical PE Ratio page.

What is the average historical PE for CADL based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The CADL historical PE ratio using the annualized quarterly earnings method works out to 10.4.

What is the average historical PE for CADL based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The CADL historical PE ratio using the TTM earnings method works out to NA.

On this page we presented the CADL Historical PE Ratio information for Candel Therapeutics' stock. The average CADL historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 10.4. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average CADL historical PE based on this TTM earnings result method is NA. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this CADL historical PE result, against the recent PE: when this page was posted on 8/19/2026, the most recent closing price for CADL had been 13.50, and the most recent quarterly earnings result, annualized, was 0.52. Meanwhile, the most recent TTM earnings summed to NA. From these numbers, we calculate the recent CADL PE on 8/19/2026 based on annualized quarterly EPS was 26.0. Based on CADL's history, that recent PE is elevated relative to the historical average, with the recent PE 150.0% higher than the historical average PE across our data set for Candel Therapeutics.

For self directed investors doing their due diligence on CADL or any other given stock, valuation analysis for CADL can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Candel Therapeutics PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for CADL. Thanks for visiting, and the next time you need to research CADL Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.
 

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