Durect Stock Price To Earning

DRRX Stock  USD 0.88  0.03  3.30%   
Durect fundamentals help investors to digest information that contributes to Durect's financial success or failures. It also enables traders to predict the movement of Durect Stock. The fundamental analysis module provides a way to measure Durect's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Durect stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Durect Company Price To Earning Analysis

Durect's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Durect Price To Earning

    
  (3.09) X  
Most of Durect's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Durect is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Durect Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Durect is extremely important. It helps to project a fair market value of Durect Stock properly, considering its historical fundamentals such as Price To Earning. Since Durect's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Durect's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Durect's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Durect Retained Earnings

Retained Earnings

(559.56 Million)

Durect reported Retained Earnings of (589.01 Million) in 2023
Based on the latest financial disclosure, Durect has a Price To Earning of -3.09 times. This is 111.96% lower than that of the Pharmaceuticals sector and significantly lower than that of the Health Care industry. The price to earning for all United States stocks is 110.76% higher than that of the company.

Durect Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Durect's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Durect could also be used in its relative valuation, which is a method of valuing Durect by comparing valuation metrics of similar companies.
Durect is currently under evaluation in price to earning category among its peers.

Durect Fundamentals

About Durect Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Durect's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Durect using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Durect based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Durect Stock Analysis

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