BioCorRx Stock

BioCorRx P/S 2024

BioCorRx P/S

5.87

Ticker

BICX

ISIN

US09073C2052

WKN

A1XERB

As of Sep 10, 2024, BioCorRx's P/S ratio stood at 5.87, a -96.52% change from the 168.45 P/S ratio recorded in the previous year.

The BioCorRx P/S history

BioCorRx Aktienanalyse

What does BioCorRx do?

The company BioCorRx Inc is a US-American company that was founded in 2008 and is headquartered in Anaheim, California. BioCorRx specializes in the development and marketing of innovative treatment methods for alcohol and drug dependency. The history of BioCorRx began with the introduction of its flagship product, the BioCorRx Recovery Program, which is based on a novel medical technology called Naltrexone/Buprenorphine Implant. Unlike traditional methods of treating alcohol and drug addiction, which typically rely on medication and psychotherapeutic support, the BioCorRx Recovery Program is an implantable, long-term treatment system that continuously delivers the active ingredient Naltrexone or Buprenorphine into the patient's body. The idea behind this is that the active ingredients prevent withdrawal symptoms and thereby reduce the risk of relapse. In recent years, BioCorRx has expanded its product portfolio and expanded its business activities to new segments in order to further drive the company's growth. This includes, for example, the field of telemedicine services, which allow BioCorRx to offer its treatment technology and medical services through online communication. Telemedicine services such as virtual patient consultation or online group therapy programs are particularly in demand in times of COVID-19. Another focus of BioCorRx is the management of medical personnel. Studies have shown that good patient care and counseling heavily influence the success of treatment. BioCorRx has now also developed its own platform that eases and improves the management, training, and monitoring of medical staff. BioCorRx also utilizes the concept of franchise systems to market its products and services. The franchise system offers medical professionals and organizations working in the field of addiction treatment the opportunity to open their own BioCorRx clinic and offer the company's products and services in their local market. Each clinic is advised and supported by BioCorRx and must adhere to certain standards and quality criteria. In the future, BioCorRx plans to further diversify its product offering and develop new technologies to improve treatment options for alcohol and drug dependents. An example of such a technology is medication based on Ibogaine. BioCorRx has already started initial research in this direction and is actively working on pre-clinical studies. Overall, BioCorRx is a company that primarily focuses on innovative technologies for the treatment of addiction. The company has experienced substantial growth in recent years by expanding its product range and customer base, and focusing on the areas of telemedicine, personnel management, and franchise systems. With its forward-thinking technologies and strong emphasis on quality and patient satisfaction, BioCorRx is expected to continue playing an important role in addiction treatment in the years to come. BioCorRx ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding BioCorRx's P/S Ratio

BioCorRx's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing BioCorRx's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating BioCorRx's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in BioCorRx’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about BioCorRx stock

What is the price-to-earnings ratio of BioCorRx?

The price-earnings ratio of BioCorRx is currently 5.87.

How has the price-earnings ratio of BioCorRx changed compared to last year?

The price-to-earnings ratio of BioCorRx has increased by -96.52% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of BioCorRx high compared to other companies?

Yes, the price-to-earnings ratio of BioCorRx is high compared to other companies.

How does an increase in the price-earnings ratio of BioCorRx affect the company?

An increase in the price-earnings ratio of BioCorRx would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of BioCorRx affect the company?

A decrease in the price-earnings ratio of BioCorRx would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of BioCorRx?

Some factors that influence the price-earnings ratio of BioCorRx are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does BioCorRx pay?

Over the past 12 months, BioCorRx paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, BioCorRx is expected to pay a dividend of 0 USD.

What is the dividend yield of BioCorRx?

The current dividend yield of BioCorRx is .

When does BioCorRx pay dividends?

BioCorRx pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of BioCorRx?

BioCorRx paid dividends every year for the past 0 years.

What is the dividend of BioCorRx?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is BioCorRx located?

BioCorRx is assigned to the 'Health' sector.

Wann musste ich die Aktien von BioCorRx kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of BioCorRx from 9/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/10/2024.

When did BioCorRx pay the last dividend?

The last dividend was paid out on 9/10/2024.

What was the dividend of BioCorRx in the year 2023?

In the year 2023, BioCorRx distributed 0 USD as dividends.

In which currency does BioCorRx pay out the dividend?

The dividends of BioCorRx are distributed in USD.

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Andere Kennzahlen von BioCorRx

Our stock analysis for BioCorRx Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of BioCorRx Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.