BLTE vs GTES

Comparison between Belite Bio Inc (BLTE, Company) and Gates Industrial Corporation Ltd (GTES, Company).

BLTE is from the Healthcare sector, while GTES is from the Industrials sector.

BLTE vs GTES - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BLTE(COMPANY)	GTES(COMPANY)
Market Cap	$7.04B	$7.05B
Max Drawdown	74.59%	9.08%
Sharpe Ratio	1.75	2.42
5Y Beta	0.50	2.61
Industry	Biotechnology	Specialty Industrial Machinery
P/E Ratio	-90.70	19.48
Forward P/E	227.27	16.69
PEG Ratio	-1.23	0.24
5Y EPS CAGR	24.69%	12.57%
Debt to Equity	0.00%	63.42%
Free Cash Flow Yield	-0.53%	5.75%
P/B Ratio	8.42	N/A

Market Cap

BLTE

$7.04B

Winner

GTES

$7.05B

Max Drawdown

BLTE

74.59%

Winner

GTES

9.08%

Sharpe Ratio

BLTE

1.75

Winner

GTES

2.42

5Y Beta

Winner

BLTE

0.50

GTES

2.61

Industry

BLTE

Biotechnology

GTES

Specialty Industrial Machinery

P/E Ratio

Winner

BLTE

-90.70

GTES

19.48

Forward P/E

BLTE

227.27

Winner

GTES

16.69

PEG Ratio

Winner

BLTE

-1.23

GTES

0.24

5Y EPS CAGR

Winner

BLTE

24.69%

GTES

12.57%

Debt to Equity

Winner

BLTE

0.00%

GTES

63.42%

Free Cash Flow Yield

BLTE

-0.53%

Winner

GTES

5.75%

P/B Ratio

BLTE

8.42

GTES

N/A

BLTE vs GTES - Historical Returns

Returns include dividend reinvestment.

Period	BLTE	GTES
1 month	+13.09%	N/A
3 months	+8.31%	N/A
6 months	-5.12%	N/A
1 year	+132.36%	N/A
5 years(CAGR)	+90.00%	N/A
Max(CAGR)	+90.00%	+207.72%

BLTE

+13.09%

GTES

N/A

BLTE

+8.31%

GTES

N/A

BLTE

-5.12%

GTES

N/A

BLTE

+132.36%

GTES

N/A

5Y(CAGR)

BLTE

+90.00%

GTES

N/A

Max(CAGR)

BLTE

+90.00%

Winner

GTES

+207.72%

BLTE vs GTES - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	BLTE	GTES
2026	+4.40%	+7.67%
2025	+147.00%	N/A
2024	+47.57%	N/A
2023	+53.52%	N/A
2022	+184.66%	N/A

BLTE vs GTES Drawdown Comparison

The maximum drawdown for BLTE was -74.59%, occurring on Jun 23, 2023. Recovery took 364 trading sessions.

The maximum drawdown for GTES was -9.08%, occurring on Jul 29, 2026. Recovery took 7 trading sessions.

The current BLTE drawdown is -12.62%. The current GTES drawdown is -7.27%.

Rank	BLTE	GTES
#1	-74.59% Jul 5, 2022 - Dec 13, 2023	-9.08% Jul 22, 2026 - Jul 31, 2026
#2	-36.60% Nov 14, 2024 - Oct 16, 2025	-7.27% Aug 4, 2026 - Aug 13, 2026
#3	-32.66% Feb 14, 2024 - May 30, 2024	N/A
#4	-29.10% Feb 27, 2026 - Jun 2, 2026	N/A
#5	-23.75% May 6, 2022 - Jun 9, 2022	N/A
#6	-19.49% Jun 24, 2022 - Jul 1, 2022	N/A
#7	-16.24% Apr 29, 2022 - May 3, 2022	N/A
#8	-15.04% Dec 27, 2023 - Jan 17, 2024	N/A
#9	-13.23% Oct 29, 2024 - Nov 1, 2024	N/A
#10	-11.37% Nov 18, 2025 - Nov 24, 2025	N/A
#11	-9.87% Nov 10, 2025 - Nov 18, 2025	N/A
#12	-9.49% Dec 29, 2025 - Jan 27, 2026	N/A
#13	-9.18% Jun 13, 2024 - Jul 19, 2024	N/A
#14	-8.52% Jul 19, 2024 - Aug 13, 2024	N/A
#15	-8.25% Dec 1, 2025 - Dec 17, 2025	N/A

Correlation

Correlation between BLTE and GTES is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101