Novanta Price Earnings Ratio from 2010 to 2024

NOVT Stock  USD 164.03  2.59  1.55%   
Novanta Price Earnings Ratio yearly trend continues to be comparatively stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Novanta Price Earnings Ratio quarterly data regression had r-value of  0.82 and coefficient of variation of  89.45. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
82.83004528
Current Value
86.97
Quarterly Volatility
41.48423798
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novanta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novanta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.7 M, Interest Expense of 27.1 M or Total Revenue of 925.7 M, as well as many indicators such as Price To Sales Ratio of 7.19, Dividend Yield of 0.0 or PTB Ratio of 9.41. Novanta financial statements analysis is a perfect complement when working with Novanta Valuation or Volatility modules.
  
Check out the analysis of Novanta Correlation against competitors.
For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.

Latest Novanta's Price Earnings Ratio Growth Pattern

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

Novanta Price Earnings Ratio Regression Statistics

Arithmetic Mean46.38
Geometric Mean38.10
Coefficient Of Variation89.45
Mean Deviation34.17
Median44.79
Standard Deviation41.48
Sample Variance1,721
Range145
R-Value0.82
Mean Square Error603.89
R-Squared0.67
Significance0.0002
Slope7.62
Total Sum of Squares24,093

Novanta Price Earnings Ratio History

2024 86.97
2023 82.83
2022 65.41
2021 124.01
2020 93.32
2019 75.98
2018 44.79

About Novanta Financial Statements

Novanta shareholders use historical fundamental indicators, such as Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Novanta investors may analyze each financial statement separately, they are all interrelated. The changes in Novanta's assets and liabilities, for example, are also reflected in the revenues and expenses on on Novanta's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Earnings Ratio 82.83  86.97 

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Additional Tools for Novanta Stock Analysis

When running Novanta's price analysis, check to measure Novanta's 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 Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.