ZBIO vs TRML
Comparison between Zenas Biopharma Inc (ZBIO, Company) and Tourmaline Bio Inc (TRML, Company).
Both ZBIO and TRML are from the Healthcare sector.
ZBIO vs TRML - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
ZBIO
$1.23B
Winner
TRML
$1.24B
Max Drawdown
Winner
ZBIO
74.96%
TRML
94.97%
Sharpe Ratio
ZBIO
1.22
Winner
TRML
2.03
5Y Beta
ZBIO
1.29
Winner
TRML
0.67
Industry
ZBIO
Biotechnology
TRML
Biotechnology
P/E Ratio
ZBIO
-2.42
Winner
TRML
-17.98
Debt to Equity
ZBIO
0.00%
TRML
0.00%
Free Cash Flow Yield
ZBIO
-17.06%
Winner
TRML
-6.98%
P/S Ratio
ZBIO
N/A
TRML
30893.12
P/B Ratio
ZBIO
N/A
TRML
4.77
ZBIO vs TRML - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ZBIO
+16.97%
TRML
+0.00%
3M
ZBIO
-14.11%
Winner
TRML
+0.00%
6M
ZBIO
-43.60%
TRML
N/A
1Y
ZBIO
+112.46%
Winner
TRML
+185.09%
5Y(CAGR)
ZBIO
N/A
TRML
-20.27%
Max(CAGR)
Winner
ZBIO
+5.01%
TRML
-19.19%
ZBIO vs TRML - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | ZBIO | TRML |
|---|---|---|
| 2026 | -42.67% | +0.00% |
| 2025 | +303.00% | +132.46% |
| 2024 | -54.88% | -23.47% |
| 2023 | N/A | +173.50% |
| 2022 | N/A | -93.84% |
| 2021 | N/A | -5.91% |
ZBIO vs TRML Drawdown Comparison
The maximum drawdown for ZBIO was -74.96%, occurring on Jan 28, 2025. Recovery took 240 trading sessions.
The maximum drawdown for TRML was -94.97%, occurring on Dec 28, 2022. This drawdown has not yet recovered.
The current ZBIO drawdown is -54.18%. The current TRML drawdown is -70.64%.
| Rank | ZBIO | TRML |
|---|---|---|
| #1 | -74.96% Oct 22, 2024 - Oct 8, 2025 | -94.97% Jun 7, 2021 - Dec 28, 2022 |
| #2 | -64.79% Dec 24, 2025 - Jan 6, 2026 | -24.62% May 7, 2021 - Jun 1, 2021 |
| #3 | -19.71% Dec 12, 2025 - Dec 22, 2025 | -0.29% Jun 2, 2021 - Jun 4, 2021 |
| #4 | -14.88% Nov 26, 2025 - Dec 12, 2025 | N/A |
| #5 | -13.92% Oct 9, 2025 - Oct 27, 2025 | N/A |
| #6 | -12.01% Sep 24, 2024 - Oct 15, 2024 | N/A |
| #7 | -11.92% Oct 27, 2025 - Nov 6, 2025 | N/A |
| #8 | -6.22% Nov 19, 2025 - Nov 24, 2025 | N/A |
| #9 | -3.47% Sep 13, 2024 - Sep 20, 2024 | N/A |
| #10 | -3.39% Nov 7, 2025 - Nov 11, 2025 | N/A |
| #11 | -2.23% Nov 12, 2025 - Nov 17, 2025 | N/A |
| #12 | -2.16% Sep 20, 2024 - Sep 24, 2024 | N/A |
| #13 | -1.27% Oct 15, 2024 - Oct 17, 2024 | N/A |
| #14 | -0.56% Oct 17, 2024 - Oct 21, 2024 | N/A |
Correlation
Correlation between ZBIO and TRML is 0.84 which considered as a strong positive correlation - the stocks tend to move together.
0.84
-101
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