What is the price-to-earnings ratio of DURECT?
The price-earnings ratio of DURECT is currently -1.57.
DURECT P/E 2024
DURECT P/E
-1.57
Ticker
DRRX
ISIN
US2666051048
WKN
564868
As of Aug 27, 2024, DURECT's P/E ratio was -1.57, a -73.21% change from the -5.86 P/E ratio recorded in the previous year.
The DURECT P/E history
DURECT Aktienanalyse
What does DURECT do?
DURECT Corporation is a US pharmaceutical company specializing in the development and marketing of innovative drugs for chronic pain, neurological disorders, and metabolic disorders. They have a broad portfolio of products based on various technologies and platforms, including Parenteral Controlled Release (PCR), Transdermal Delivery Systems (TDS), and Oral Sustained Release (OSR). They have developed technologies such as PCR for slow drug release, TDS for drug administration through the skin, and OSR for sustained-release tablets. DURECT has partnerships with notable pharmaceutical companies such as Pfizer, Sandoz, Zogenix, and Janssen Pharmaceutica, allowing them to distribute their products in a wider market and expand internationally. Their goal is to continue strengthening their position as a leading company in the industry and expanding their product range. DURECT ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering DURECT's P/E Ratio
The Price to Earnings (P/E) Ratio of DURECT 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 DURECT'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 DURECT 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 DURECT’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 DURECT stock
How has the price-earnings ratio of DURECT changed compared to last year?
The price-to-earnings ratio of DURECT has increased by -73.21% 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 DURECT high compared to other companies?
Yes, the price-to-earnings ratio of DURECT is high compared to other companies.
How does an increase in the price-earnings ratio of DURECT affect the company?
An increase in the price-earnings ratio of DURECT 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 DURECT affect the company?
A decrease in the price-earnings ratio of DURECT 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 DURECT?
Some factors that influence the price-earnings ratio of DURECT are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does DURECT pay?
Over the past 12 months, DURECT paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, DURECT is expected to pay a dividend of 0 USD.
What is the dividend yield of DURECT?
The current dividend yield of DURECT is .
When does DURECT pay dividends?
DURECT pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of DURECT?
DURECT paid dividends every year for the past 0 years.
What is the dividend of DURECT?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is DURECT located?
DURECT is assigned to the 'Health' sector.
Wann musste ich die Aktien von DURECT kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of DURECT from 8/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/27/2024.
When did DURECT pay the last dividend?
The last dividend was paid out on 8/27/2024.
What was the dividend of DURECT in the year 2023?
In the year 2023, DURECT distributed 0 USD as dividends.
In which currency does DURECT pay out the dividend?
The dividends of DURECT are distributed in USD.
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Andere Kennzahlen von DURECT
Our stock analysis for DURECT 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 DURECT Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
