Novation Holdings - Stock

Novation Holdings P/E 2024

Novation Holdings P/E

-0.07

Ticker

NOHO

ISIN

US66989U1097

As of Jun 17, 2024, Novation Holdings's P/E ratio was -0.07, a 250% change from the -0.02 P/E ratio recorded in the previous year.

The Novation Holdings P/E history

Novation Holdings Aktienanalyse

What does Novation Holdings do?

Dragon Life Science Holdings Group Inc is a publicly traded company that focuses on the development of drugs and medical devices. The company's history dates back to 2004 when it was established as a joint venture between Dragon Pharmaceutical Inc and the US company Bausch & Lomb. Since then, Dragon Life Science Holdings Group Inc has continuously expanded and now offers a wide range of products and services in various industries. The business model of Dragon Life Science Holdings Group Inc is based on three pillars: research and development, production, and distribution. The company invests a significant portion of its revenue in the research and development of new drugs and medical devices. For this purpose, Dragon Life Science Holdings Group Inc collaborates closely with leading research institutes and scientists around the world. In production, the company also adheres to the highest standards. The production facilities of Dragon Life Science Holdings Group Inc are equipped with state-of-the-art technology and comply with the latest industry and environmental regulations. Dragon Life Science Holdings Group Inc operates multiple production facilities in China, all of which are ISO 9001 certified. The distribution department of Dragon Life Science Holdings Group Inc is responsible for ensuring that the company's products are available worldwide. The company maintains distribution partnerships with leading companies in the medical and pharmaceutical industries. Within Dragon Life Science Holdings Group Inc, there are several divisions. One important division is the development of generics. Under the brand "HT Generics," the company produces generics that are sold in various countries. Another important division is the research and development of new drugs. Dragon Life Science Holdings Group Inc places great emphasis on developing drugs for the treatment of cancer, diabetes, and other serious diseases. The products of Dragon Life Science Holdings Group Inc include a wide range of drugs for the treatment of various diseases. The company also manufactures medical devices such as diagnostics and medical accessories. In recent years, Dragon Life Science Holdings Group Inc has also expanded into the field of telemedicine. Under the brand "HT Telemedicine," the company offers services such as remote health monitoring, telemedicine consulting, and diagnostics. The goal of Dragon Life Science Holdings Group Inc is to expand the reach of healthcare while improving costs and efficiency. Overall, Dragon Life Science Holdings Group Inc is an innovative, future-oriented company with a broad portfolio of products and services in various industries. From the development of new drugs to telemedicine, the company covers a wide range. Through the use of cutting-edge technology and collaboration with leading scientists, Dragon Life Science Holdings Group Inc has established itself as a significant player in the global healthcare industry. Please rate the translation: 5/5 Novation Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Novation Holdings's P/E Ratio

The Price to Earnings (P/E) Ratio of Novation Holdings 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 Novation Holdings'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 Novation Holdings 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 Novation Holdings’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 Novation Holdings Stock

What is the price-to-earnings ratio of Novation Holdings?

The price-earnings ratio of Novation Holdings is currently -0.07.

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

The price-to-earnings ratio of Novation Holdings has increased by 250% 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 Novation Holdings high compared to other companies?

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

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

An increase in the price-earnings ratio of Novation Holdings 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 Novation Holdings affect the company?

A decrease in the price-earnings ratio of Novation Holdings 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 Novation Holdings?

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

How much dividend does Novation Holdings pay?

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

What is the dividend yield of Novation Holdings?

The current dividend yield of Novation Holdings is .

When does Novation Holdings pay dividends?

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

How secure is the dividend of Novation Holdings?

Novation Holdings paid dividends every year for the past 0 years.

What is the dividend of Novation Holdings?

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

In which sector is Novation Holdings located?

Novation Holdings is assigned to the 'Health' sector.

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

To receive the latest dividend of Novation Holdings from 6/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/17/2024.

When did Novation Holdings pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Novation Holdings in the year 2023?

In the year 2023, Novation Holdings distributed 0 USD as dividends.

In which currency does Novation Holdings pay out the dividend?

The dividends of Novation Holdings are distributed in USD.

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Andere Kennzahlen von Novation Holdings

Our stock analysis for Novation Holdings 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 Novation Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.