Cartesian Therapeutics Inc.
Cartesian Therapeutics, Inc., a clinical-stage biotechnology company, provides mRNA cell therapies for the treatment of autoimmune diseases. The company's lead product candidate is Descartes-08, an autologous mRNA CAR-T directed against the B cell maturation antigen (BCMA), which is in Phase 2b clinical trials for the treatment of autoimmune diseases, generalized myasthenia gravis, and systemic l… Read more
Market Cap & Net Worth: Cartesian Therapeutics Inc. (RNAC)
Cartesian Therapeutics Inc. (NASDAQ:RNAC) has a market capitalization of $186.71 Million ($186.71 Million) as of March 19, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #19903 globally and #7272 in its home market, demonstrating a -20.40% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Cartesian Therapeutics Inc.'s stock price $7.18 by its total outstanding shares 26003606 (26.00 Million).
Cartesian Therapeutics Inc. Market Cap History: 2016 to 2026
Cartesian Therapeutics Inc.'s market capitalization history from 2016 to 2026. Data shows change from $13.38 Billion to $186.71 Million (-34.15% CAGR).
Index Memberships
Cartesian Therapeutics Inc. is a constituent of 3 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Health Care
IXHC
|
$2.24 Trillion | 0.00% | #549 of 976 |
|
NASDAQ Composite
IXIC
|
$33.39 Trillion | 0.00% | #1817 of 3165 |
|
NASDAQ Biotechnology
NBI
|
$1.54 Trillion | 0.00% | #241 of 263 |
Weight: Cartesian Therapeutics Inc.'s market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Cartesian Therapeutics Inc. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Cartesian Therapeutics Inc.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
11.97x
Cartesian Therapeutics Inc.'s market cap is 11.97 times its annual revenue
1728.56x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $13.38 Billion | $8.08 Million | -$36.21 Million | 1655.18x | N/A |
| 2017 | $7.65 Billion | $207.00K | -$65.32 Million | 36970.34x | N/A |
| 2018 | $2.08 Billion | $903.00K | -$65.34 Million | 2297.99x | N/A |
| 2019 | $1.86 Billion | $6.68 Million | -$55.35 Million | 278.07x | N/A |
| 2020 | $2.36 Billion | $16.60 Million | -$68.88 Million | 142.42x | N/A |
| 2021 | $2.54 Billion | $85.08 Million | -$25.69 Million | 29.89x | N/A |
| 2022 | $881.52 Million | $110.78 Million | $35.38 Million | 7.96x | 24.92x |
| 2023 | $537.81 Million | $26.00 Million | -$219.71 Million | 20.68x | N/A |
| 2024 | $465.72 Million | $38.91 Million | -$77.42 Million | 11.97x | N/A |
Competitor Companies of RNAC by Market Capitalization
Companies near Cartesian Therapeutics Inc. in the global market cap rankings as of March 19, 2026.
Key companies related to Cartesian Therapeutics Inc. by market ranking:
- Vertex Pharmaceuticals Inc (NASDAQ:VRTX): Ranked #162 globally with a market cap of $117.09 Billion USD.
- Regeneron Pharmaceuticals Inc (NASDAQ:REGN): Ranked #281 globally with a market cap of $74.80 Billion USD.
- CSL Limited (PINK:CMXHF): Ranked #344 globally with a market cap of $63.46 Billion USD.
- argenx SE (OTCGREY:ARGNF): Ranked #500 globally with a market cap of $42.99 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #162 | Vertex Pharmaceuticals Inc | NASDAQ:VRTX | $117.09 Billion | $462.49 |
| #281 | Regeneron Pharmaceuticals Inc | NASDAQ:REGN | $74.80 Billion | $759.05 |
| #344 | CSL Limited | PINK:CMXHF | $63.46 Billion | $149.87 |
| #500 | argenx SE | OTCGREY:ARGNF | $42.99 Billion | $697.42 |
Cartesian Therapeutics Inc. Historical Marketcap From 2016 to 2026
Between 2016 and today, Cartesian Therapeutics Inc.'s market cap moved from $13.38 Billion to $ 186.71 Million, with a yearly change of -34.15%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $186.71 Million | -0.42% |
| 2025 | $187.49 Million | -59.74% |
| 2024 | $465.72 Million | -13.40% |
| 2023 | $537.81 Million | -38.99% |
| 2022 | $881.52 Million | -65.34% |
| 2021 | $2.54 Billion | +7.59% |
| 2020 | $2.36 Billion | +27.31% |
| 2019 | $1.86 Billion | -10.53% |
| 2018 | $2.08 Billion | -72.88% |
| 2017 | $7.65 Billion | -42.80% |
| 2016 | $13.38 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Cartesian Therapeutics Inc. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $186.71 Million USD |
| MoneyControl | $186.71 Million USD |
| MarketWatch | $186.71 Million USD |
| marketcap.company | $186.71 Million USD |
| Reuters | $186.71 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.