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PureTech Health plc (PRTC.L)

Healthcare Out of favour

PureTech Health is a UK-listed biotherapy creator building a whole stable of experimental medicines through different spin-out ventures.

£1.19
≈ 119p · London-listed shares are usually quoted in pence (GBX) elsewhere; the Almanac shows pounds (£1 = 100p).

Is PureTech Health plc a good stock for a UK beginner?

The honest version: PureTech Health is a UK-listed biotherapy creator building a whole stable of experimental medicines through different spin-out ventures.

No rating · no target price · nothing for sale here
Price-31.5%
52-week range-12% past year
£1.19
Low £1.05High £1.44
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into PureTech Health plc
£685-31%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
£289.67M
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
495.74K
Day range: The lowest and highest price the shares traded at during the latest day.
£1.18 – £1.24
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
£1.05 – £1.44
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.79
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.79
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -2% past week · ▼ -12% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Multiple spin-out therapies reach the market successfully

The bear case

Key therapies fail safety checks and capital is depleted

What does PureTech Health plc do?

Imagine a bustling scientific incubator that invents novel treatments for serious conditions, then sets them up as independent companies to test and grow. PureTech makes its money by discovering these breakthrough health ideas and retaining stakes in the resulting biotech firms. The crucial element to keep an eye on is how well these various scientific projects progress through clinical trials without running out of cash.

VQGMI
Factor profile

On our factor screen it looks strongest on value and momentum, and weakest on growth.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 64Quality: How profitable and financially healthy the company is (higher = stronger). 15Growth: How fast revenue and earnings are growing (higher = faster). 0Momentum: How the share price has been trending recently (higher = stronger recent run). 18Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 9
Quick checks
What's strong
  • Diverse portfolio of multiple independent biotech ventures spreading the scientific risk
  • Asset-backed valuation close to book value with a manageable price-to-book ratio
  • Experienced scientific leadership team with a track record of founding novel therapies
What to watch
  • Quality screens low (15/100)
  • Growth screens low (0/100)
  • Momentum screens low (18/100)
  • Income screens low (9/100)
  • High dependence on the success of complex clinical trials

What do PureTech Health plc's numbers mean?

Forward P/E
-4.1
A negative number here shows the company is not currently making a profit as it pours money into research and development.
P/S
62.2
This relatively high price-to-sales ratio means investors are paying quite a lot for every pound of current revenue, banking heavily on future breakthroughs.
P/B
1.2
This compares the share price to the underlying net assets, suggesting the stock is valued close to the actual book value of what it owns.
Revenue growth (yoy)
-38.2%
A drop in year-on-year revenue highlights how lumpy and unpredictable income can be for a business reliant on licensing and partnerships.

Does PureTech Health plc pay a dividend?

No - PureTech Health plc doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

When does PureTech Health plc report earnings, and how did recent quarters go?

PureTech Health plc is next scheduled to report on about 2026-08-27 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Healthcare

Eli LillyWest Pharmaceutical Services, Inc.Incyte CorporationThe Cigna GroupZimmer Biomet Holdings, Inc.Moderna, Inc.Gilead Sciences, Inc.Regeneron Pharmaceuticals, Inc.

What are the scenarios for PureTech Health plc?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

£1£1£1today · £1▲ Bull · £1• Base · £1▼ Bear · £1in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+10% to +20%Positive trial updates from one of the core spin-out companies
Base
-5% to +5%Steady progress with normal market conditions
Bear
-15% to -25%Disappointing clinical trial results from a key partner

What are the pros and cons of PureTech Health plc?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Diverse portfolio of multiple independent biotech ventures spreading the scientific risk
  • Asset-backed valuation close to book value: A company's net assets - what it owns minus what it owes - per share. Price-to-book compares the share price to this figure. with a manageable price-to-book: The share price versus the company's net assets per share (its book value). Under 1 can look cheap, though it varies a lot by industry. ratio
  • Experienced scientific leadership team with a track record of founding novel therapies
The catch3
  • Currently unprofitable with negative return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business.
  • Recent drop in annual revenue shows unpredictable income streams
  • No dividend paid to shareholders
Key risks3
  • High dependence on the success of complex clinical trials
  • Volatile share price influenced heavily by fickle biotech sentiment
  • Risk of cash burn if portfolio companies require further funding
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: GBP · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.