CODX Price Earnings Ratio from 2010 to 2024

CODX Stock  USD 0.89  0.05  5.32%   
Co Diagnostics Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio will likely drop to -1.16 in 2024. During the period from 2010 to 2024, Co Diagnostics Price Earnings Ratio regression line of annual values had slope of  4.21 and arithmetic mean of (19.14). View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
(1.10)
Current Value
(1.16)
Quarterly Volatility
21.10596568
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Co Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Co Diagnostics' main balance sheet or income statement drivers, such as Interest Expense of 18 M, Selling General Administrative of 15 M or Total Revenue of 6.5 M, as well as many indicators such as Price To Sales Ratio of 5.44, Dividend Yield of 0.0 or PTB Ratio of 0.43. CODX financial statements analysis is a perfect complement when working with Co Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Co Diagnostics Correlation against competitors.
For more information on how to buy CODX Stock please use our How to Invest in Co Diagnostics guide.

Latest Co Diagnostics' Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Co Diagnostics over the last few years. It is Co Diagnostics' Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Co Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Slightly volatile
   Price Earnings Ratio   
       Timeline  

CODX Price Earnings Ratio Regression Statistics

Arithmetic Mean(19.14)
Coefficient Of Variation(110.30)
Mean Deviation19.81
Median(5.57)
Standard Deviation21.11
Sample Variance445.46
Range50.5772
R-Value0.89
Mean Square Error97.21
R-Squared0.80
Slope4.21
Total Sum of Squares6,236

CODX Price Earnings Ratio History

2024 -1.16
2023 -1.1
2022 -5.57
2021 7.03
2020 5.85
2019 -2.47
2018 -2.97

About Co Diagnostics Financial Statements

Co Diagnostics investors use historical fundamental indicators, such as Co Diagnostics' Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Co Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio(1.10)(1.16)

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Additional Tools for CODX Stock Analysis

When running Co Diagnostics' price analysis, check to measure Co Diagnostics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Co Diagnostics is operating at the current time. Most of Co Diagnostics' value examination focuses on studying past and present price action to predict the probability of Co Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Co Diagnostics' price. Additionally, you may evaluate how the addition of Co Diagnostics to your portfolios can decrease your overall portfolio volatility.