WallStSmart
ATRA

Atara Biotherapeutics Inc

NASDAQ: ATRA · HEALTHCARE · BIOTECHNOLOGY

$4.77
+3.70% today

Updated 2026-04-30

Market cap
$40.97M
P/E ratio
1.95
P/S ratio
0.34x
EPS (TTM)
$2.57
Dividend yield
52W range
$4 – $19
Volume
0.3M

Atara Biotherapeutics Inc (ATRA) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for ATRA.

WallStSmart Verdict
Overvalued

Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.

Smart Value Score: 34 / 100
P/E (TTM)
1.9x
vs 5Y median of 2.0x
PEG
Margin of Safety
DCF limited for this profile
EV / EBITDA
0.0x

ATRA historical valuation range

Where current P/E sits in ATRA's own 5Y range.

NOW
1.8x
5Y Low
1.9x
25th
2.0x
Median
4.0x
75th
6.6x
5Y High
ATRA is trading cheaper than 57% of the last 5Y.
43th percentile · Below median

ATRA intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

DCF has limited applicability for ATRA

Standard discounted cash flow models produce unreliable output for unprofitable or near-breakeven companies. Revenue-based multiples such as P/S and EV/Sales, combined with the historical valuation position above, give a more reliable read for this stock.

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

ATRA valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

!
P/E in mid-range
P/E sits at the 43th percentile of the 5Y range. Neither cheap nor rich historically.
!
DCF limited applicability
Company profile produces unstable DCF output. Lean on P/S, EV/Sales, and historical valuation position instead of intrinsic value for this stock.
Weak financial quality
Piotroski F-Score of 0/9 suggests deteriorating fundamentals. Valuation requires closer scrutiny.

P/E Ratio — History

Current: 1.95x

P/S Ratio — History

Current: 0.34x

Is ATRA overvalued in 2026?

Atara Biotherapeutics Inc (ATRA) currently trades at $4.77 per share with a market capitalization of $40,972,400.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 34/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 1.9x, below its 5-year median of 2.0x.

Looking at its own history, ATRA is currently trading cheaper than 57% of the last 5Y on P/E. This places it in the 43th percentile of its historical range, a reasonable but unremarkable position.

A standard DCF model does not produce reliable output for ATRA under current conditions. For unprofitable or near-breakeven companies, revenue-based multiples such as EV/Sales and historical P/S percentile are more informative than intrinsic value calculations.

Financial quality is a concern. The Piotroski F-Score of 0/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.

Bottom line: ATRA appears richly valued on our framework, with a Smart Value Score of 34/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.

Frequently asked questions

Is ATRA overvalued in 2026?

Based on a Smart Value Score of 34/100, ATRA appears overvalued. Current price exceeds what fundamentals currently justify.

What is ATRA's fair value?

Standard DCF is unreliable for ATRA due to its current profitability profile. Revenue-based approaches such as EV/Sales or historical P/S percentile are more informative for this stock.

What P/E ratio does ATRA trade at?

ATRA trades at a P/E of 1.9x on trailing twelve-month earnings, compared to its 5-year median of 2.0x.

Is ATRA a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 34/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.

How does ATRA's valuation compare to its history?

On P/E, ATRA currently sits in the 43th percentile of its own 5Y range. That is below its long-run median relative to where it has traded over the period.

What is ATRA's Smart Value Score?

ATRA's Smart Value Score is 34/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.