What is the price-to-earnings ratio of CareDx?
The price-earnings ratio of CareDx is currently -36.31.
CareDx P/E 2024
CareDx P/E
-36.31
Ticker
CDNA
ISIN
US14167L1035
WKN
A118WG
As of Jul 17, 2024, CareDx's P/E ratio was -36.31, a 1,506.64% change from the -2.26 P/E ratio recorded in the previous year.
The CareDx P/E history
CareDx Aktienanalyse
What does CareDx do?
CareDx Inc is a US-based company specializing in diagnostic solutions for the transplantation industry. The company was founded in 1998 and is at the forefront of developing tests for transplant patients. CareDx ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering CareDx's P/E Ratio
The Price to Earnings (P/E) Ratio of CareDx is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing CareDx's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of CareDx is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in CareDx’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about CareDx stock
How has the price-earnings ratio of CareDx changed compared to last year?
The price-to-earnings ratio of CareDx has increased by 1,506.64% increased 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 CareDx high compared to other companies?
Yes, the price-to-earnings ratio of CareDx is high compared to other companies.
How does an increase in the price-earnings ratio of CareDx affect the company?
An increase in the price-earnings ratio of CareDx 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 CareDx affect the company?
A decrease in the price-earnings ratio of CareDx 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 CareDx?
Some factors that influence the price-earnings ratio of CareDx are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does CareDx pay?
Over the past 12 months, CareDx paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, CareDx is expected to pay a dividend of 0 USD.
What is the dividend yield of CareDx?
The current dividend yield of CareDx is .
When does CareDx pay dividends?
CareDx pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of CareDx?
CareDx paid dividends every year for the past 0 years.
What is the dividend of CareDx?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is CareDx located?
CareDx is assigned to the 'Health' sector.
Wann musste ich die Aktien von CareDx kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CareDx from 7/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/17/2024.
When did CareDx pay the last dividend?
The last dividend was paid out on 7/17/2024.
What was the dividend of CareDx in the year 2023?
In the year 2023, CareDx distributed 0 USD as dividends.
In which currency does CareDx pay out the dividend?
The dividends of CareDx are distributed in USD.
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Andere Kennzahlen von CareDx
Our stock analysis for CareDx 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 CareDx Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
