What is the price-to-earnings ratio of CareDx?
The price-earnings ratio of CareDx is currently 2.52.
CareDx P/S 2024
CareDx P/S
2.52
Ticker
CDNA
ISIN
US14167L1035
WKN
A118WG
As of Jul 31, 2024, CareDx's P/S ratio stood at 2.52, a 63.64% change from the 1.54 P/S ratio recorded in the previous year.
The CareDx P/S 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/S Details
Decoding CareDx's P/S Ratio
CareDx'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 CareDx'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 CareDx'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 CareDx’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 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 63.64% 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 7/31/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/31/2024.
When did CareDx pay the last dividend?
The last dividend was paid out on 7/31/2024.
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.
