Wave Life Sciences Ltd (NASDAQ:WVE) — Market Cap & Net Worth

$858.11 Million USD  · Rank #9564

Market Cap & Net Worth: Wave Life Sciences Ltd (WVE)

Wave Life Sciences Ltd (NASDAQ:WVE) has a market capitalization of $858.11 Million ($858.11 Million) as of September 17, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #9564 globally and #2649 in its home market, demonstrating a -8.23% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Wave Life Sciences Ltd's stock price $4.46 by its total outstanding shares 192402202 (192.40 Million). Also see how large is Wave Life Sciences Ltd's balance sheet for a full breakdown of the balance sheet.

Wave Life Sciences Ltd Market Cap History: 2015 to 2026

Wave Life Sciences Ltd's market capitalization history from 2015 to 2026. Data shows change from $3.07 Billion to $858.11 Million (-11.10% CAGR). Also see Wave Life Sciences Ltd (WVE) cash conversion ratio for how efficiently the company converts equity into cash flow.

Index Memberships

Wave Life Sciences Ltd is a constituent of 3 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Health Care
IXHC
$2.66 Trillion 0.03% #271 of 976
NASDAQ Composite
IXIC
$41.74 Trillion 0.00% #1003 of 3165
NASDAQ Biotechnology
NBI
$1.88 Trillion 0.05% #160 of 263

Weight: Wave Life Sciences Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Wave Life Sciences Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Wave Life Sciences Ltd'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. Check WVE stock price and chart for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

76.55x

Wave Life Sciences Ltd's market cap is 76.55 times its annual revenue

Industry average: 3887.03x Lower than industry average

Latest 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 $5.03 Billion $1.49 Million -$55.40 Million 3388.09x N/A
2017 $6.75 Billion $3.70 Million -$102.03 Million 1823.25x N/A
2018 $8.09 Billion $14.41 Million -$146.65 Million 561.16x N/A
2019 $1.54 Billion $15.98 Million -$193.64 Million 96.48x N/A
2020 $1.51 Billion $20.08 Million -$149.91 Million 75.42x N/A
2021 $604.14 Million $40.96 Million -$122.25 Million 14.75x N/A
2022 $1.35 Billion $3.65 Million -$161.82 Million 369.09x N/A
2023 $971.63 Million $113.31 Million -$57.51 Million 8.58x N/A
2024 $2.38 Billion $108.30 Million -$97.01 Million 21.98x N/A
2025 $3.27 Billion $42.73 Million -$204.38 Million 76.55x N/A

Competitor Companies of WVE by Market Capitalization

Companies near Wave Life Sciences Ltd in the global market cap rankings as of September 17, 2026. Review WVE tangible net assets ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Wave Life Sciences Ltd by market ranking:

  • Vertex Pharmaceuticals Inc (NASDAQ:VRTX): Ranked #186 globally with a market cap of $130.44 Billion USD.
  • Regeneron Pharmaceuticals Inc (NASDAQ:REGN): Ranked #353 globally with a market cap of $78.29 Billion USD.
  • CSL Ltd (AU:CSL): Ranked #457 globally with a market cap of $59.82 Billion USD ( AU$84.54 Billion AUD).
  • Moderna Inc (NASDAQ:MRNA): Ranked #506 globally with a market cap of $54.14 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#186 Vertex Pharmaceuticals Inc NASDAQ:VRTX $130.44 Billion $514.63
#353 Regeneron Pharmaceuticals Inc NASDAQ:REGN $78.29 Billion $774.11
#457 CSL Ltd AU:CSL $59.82 Billion AU$174.26
#506 Moderna Inc NASDAQ:MRNA $54.14 Billion $143.77

Wave Life Sciences Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, Wave Life Sciences Ltd's market cap moved from $3.07 Billion to $ 858.11 Million, with a yearly change of -11.10%.

Year Market Cap Change (%)
2026 $858.11 Million -73.76%
2025 $3.27 Billion +37.43%
2024 $2.38 Billion +144.95%
2023 $971.63 Million -27.86%
2022 $1.35 Billion +122.93%
2021 $604.14 Million -60.10%
2020 $1.51 Billion -1.81%
2019 $1.54 Billion -80.93%
2018 $8.09 Billion +19.77%
2017 $6.75 Billion +34.23%
2016 $5.03 Billion +63.95%
2015 $3.07 Billion --

End of Day Market Cap According to Different Sources

On Sep 16th, 2026 the market cap of Wave Life Sciences Ltd was reported to be:

Source Market Cap
Yahoo Finance $858.11 Million USD
MoneyControl $858.11 Million USD
MarketWatch $858.11 Million USD
marketcap.company $858.11 Million USD
Reuters $858.11 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Wave Life Sciences Ltd

NASDAQ:WVE USA Biotechnology
Market Cap
$858.11 Million
Market Cap Rank
#9564 Global
#2649 in USA
Share Price
$4.46
Change (1 day)
-2.62%
52-Week Range
$4.46 - $21.31
All Time High
$55.20
About

Wave Life Sciences Ltd., a clinical-stage biotechnology company, designs, develops, and commercializes ribonucleic acid (RNA) medicines through PRISM, a discovery and drug development platform. The company's medicines platform, PRISM combines multiple modalities, chemistry innovation, and deep insights into human genetics to deliver scientific breakthroughs that treat both rare and prevalent diso… Read more