MRSN vs RANI

Comparison between Mersana Therapeutics Inc (MRSN, Company) and Rani Therapeutics Holdings Inc Class A (RANI, Company).

Both MRSN and RANI are from the Healthcare sector.

5-Year PerformanceMRSN has outperformed RANI, delivering a return of -42.3% compared to -45.6%

MRSN vs RANI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MRSN(COMPANY)	RANI(COMPANY)
Market Cap	$145M	$145M
Max Drawdown	99.13%	98.83%
Sharpe Ratio	0.58	0.80
5Y Beta	N/A	2.16
Industry	Biotechnology	Biotechnology
P/E Ratio	-2.04	-1.44
5Y EPS CAGR	-15.54%	N/A
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-51.16%	-11.84%
P/S Ratio	N/A	34.54
P/B Ratio	N/A	3.07

Market Cap

Winner

MRSN

$145M

RANI

$145M

Max Drawdown

MRSN

99.13%

Winner

RANI

98.83%

Sharpe Ratio

MRSN

0.58

Winner

RANI

0.80

5Y Beta

MRSN

N/A

RANI

2.16

Industry

MRSN

Biotechnology

RANI

Biotechnology

P/E Ratio

Winner

MRSN

-2.04

RANI

-1.44

5Y EPS CAGR

MRSN

-15.54%

RANI

N/A

Debt to Equity

MRSN

0.00%

RANI

0.00%

Free Cash Flow Yield

MRSN

-51.16%

Winner

RANI

-11.84%

P/S Ratio

MRSN

N/A

RANI

34.54

P/B Ratio

MRSN

N/A

RANI

3.07

MRSN vs RANI - Historical Returns

Returns include dividend reinvestment.

Period	MRSN	RANI
1 month	+4.70%	+18.37%
3 months	+254.63%	-15.11%
6 months	+282.25%	-36.51%
1 year	-14.47%	+49.04%
5 years(CAGR)	-42.31%	-45.58%
10 years(CAGR)	-25.31%	N/A
Max(CAGR)	-25.31%	-40.11%

MRSN

+4.70%

Winner

RANI

+18.37%

Winner

MRSN

+254.63%

RANI

-15.11%

Winner

MRSN

+282.25%

RANI

-36.51%

MRSN

-14.47%

Winner

RANI

+49.04%

5Y(CAGR)

Winner

MRSN

-42.31%

RANI

-45.58%

10Y(CAGR)

MRSN

-25.31%

RANI

N/A

Max(CAGR)

Winner

MRSN

-25.31%

RANI

-40.11%

MRSN vs RANI - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	MRSN	RANI
2026	+0.14%	-39.31%
2025	-17.34%	-7.53%
2024	-37.00%	-59.35%
2023	-59.51%	-43.73%
2022	-9.01%	-65.29%
2021	-76.55%	+48.64%
2020	+396.46%	N/A
2019	+32.95%	N/A
2018	-76.54%	N/A
2017	+17.36%	N/A

MRSN vs RANI Drawdown Comparison

The maximum drawdown for MRSN was -99.13%, occurring on Aug 11, 2025. This drawdown has not yet recovered.

The maximum drawdown for RANI was -98.83%, occurring on Jul 16, 2025. This drawdown has not yet recovered.

The current MRSN drawdown is -95.78%. The current RANI drawdown is -97.64%.

Rank	MRSN	RANI
#1	-99.13% Dec 23, 2020 - Aug 11, 2025	-98.83% Nov 18, 2021 - Jul 16, 2025
#2	-93.61% May 25, 2018 - Jun 25, 2020	-25.36% Aug 11, 2021 - Sep 13, 2021
#3	-34.46% Sep 16, 2020 - Dec 1, 2020	-24.92% Sep 13, 2021 - Oct 27, 2021
#4	-31.86% Oct 3, 2017 - May 22, 2018	-17.37% Nov 4, 2021 - Nov 17, 2021
#5	-30.77% Jun 30, 2020 - Sep 14, 2020	-9.95% Oct 28, 2021 - Nov 2, 2021
#6	-14.30% Sep 11, 2017 - Sep 22, 2017	-2.73% Jul 30, 2021 - Aug 4, 2021
#7	-11.24% Dec 1, 2020 - Dec 21, 2020	-0.25% Aug 4, 2021 - Aug 9, 2021
#8	-5.21% Jun 28, 2017 - Jul 12, 2017	N/A
#9	-5.21% Sep 14, 2020 - Sep 16, 2020	N/A
#10	-4.29% Aug 21, 2017 - Aug 29, 2017	N/A
#11	-4.26% Sep 22, 2017 - Oct 2, 2017	N/A
#12	-3.25% Jul 27, 2017 - Aug 8, 2017	N/A
#13	-2.71% Jun 25, 2020 - Jun 30, 2020	N/A
#14	-2.48% Aug 14, 2017 - Aug 18, 2017	N/A
#15	-2.13% Aug 30, 2017 - Sep 11, 2017	N/A