Doubledown Price Earnings Ratio from 2010 to 2024

DDI Stock  USD 13.35  0.03  0.23%   
Doubledown Interactive's Price Earnings Ratio is decreasing with slightly volatile movements from year to year. Price Earnings Ratio is predicted to flatten to 3.43. For the period between 2010 and 2024, Doubledown Interactive, Price Earnings Ratio quarterly trend regression had median of  35.11 and r-value of (0.87). View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
3.61022733
Current Value
3.43
Quarterly Volatility
14.45542782
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Doubledown Interactive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Doubledown Interactive's main balance sheet or income statement drivers, such as Net Interest Income of 11.5 M, Interest Income of 13.4 M or Depreciation And Amortization of 3.3 M, as well as many indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0 or PTB Ratio of 0.48. Doubledown financial statements analysis is a perfect complement when working with Doubledown Interactive Valuation or Volatility modules.
  
Check out the analysis of Doubledown Interactive Correlation against competitors.

Latest Doubledown Interactive's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Doubledown Interactive Co over the last few years. It is Doubledown Interactive's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Doubledown Interactive's 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  

Doubledown Price Earnings Ratio Regression Statistics

Arithmetic Mean24.45
Coefficient Of Variation59.13
Mean Deviation12.80
Median35.11
Standard Deviation14.46
Sample Variance208.96
Range36.8995
R-Value(0.87)
Mean Square Error54.70
R-Squared0.76
Significance0.000025
Slope(2.81)
Total Sum of Squares2,925

Doubledown Price Earnings Ratio History

2024 3.43
2023 3.61
2022 -1.79
2021 9.14
2020 14.66
2019 21.64

About Doubledown Interactive Financial Statements

Investors use fundamental indicators, such as Doubledown Interactive's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Doubledown Interactive's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Price Earnings Ratio 3.61  3.43 

Currently Active Assets on Macroaxis

When determining whether Doubledown Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Doubledown Interactive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Doubledown Interactive Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Doubledown Interactive Co Stock:
Check out the analysis of Doubledown Interactive Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Doubledown Interactive. If investors know Doubledown will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Doubledown Interactive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Earnings Share
2.31
Revenue Per Share
6.911
Quarterly Revenue Growth
0.137
Return On Assets
0.1052
The market value of Doubledown Interactive is measured differently than its book value, which is the value of Doubledown that is recorded on the company's balance sheet. Investors also form their own opinion of Doubledown Interactive's value that differs from its market value or its book value, called intrinsic value, which is Doubledown Interactive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Doubledown Interactive's market value can be influenced by many factors that don't directly affect Doubledown Interactive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Doubledown Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubledown Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubledown Interactive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.