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Predictmedix Stock

Predictmedix P/E 2024

Predictmedix P/E

-1.79

Ticker

PMED.CN

ISIN

CA74040L1004

WKN

A2P20P

As of Oct 4, 2024, Predictmedix's P/E ratio was -1.79, a -74.06% change from the -6.9 P/E ratio recorded in the previous year.

The Predictmedix P/E history

Predictmedix Aktienanalyse

What does Predictmedix do?

Predictmedix Inc is a Canadian company specializing in the development and implementation of technologies for predicting health risks. The company was founded in 2017 and is headquartered in Toronto. The business model of Predictmedix is based on the use of artificial intelligence and machine learning technologies to detect and diagnose health risks early. The company offers a variety of products and services aimed at improving people's health and well-being. Predictmedix is divided into four different divisions, each serving a different target audience. The first division of Predictmedix specializes in predicting drug intoxication. Here, the company develops innovative screening tools that can detect the consumption of illegal substances such as cannabis, cocaine, or methamphetamine in real time. This technology is of particular interest to employers and government agencies to enable security checks for their employees and citizens. The second division of Predictmedix specializes in predicting diseases related to mental health. Here, the company develops technologies that can diagnose and treat the condition of patients early. For example, Predictmedix offers a service for detecting depression based on just two minutes of video footage. This technology is used in medicine as a screening tool for preventing depression and quickly diagnosing patients. The third division of Predictmedix focuses on predicting infectious diseases. The company develops technologies that can determine the health status of individuals in real time to minimize the risk of potential virus infections such as COVID-19. This is particularly of interest in public facilities such as schools, airports, bus stations, or clinics. The fourth and final division of Predictmedix deals with predicting alcohol intoxication in drivers. Here, the company develops technologies that can measure blood alcohol content in real time and prevent the driver from operating a vehicle. This technology has the potential to save lives and reduce accidents, especially in countries with high alcohol consumption rates. Predictmedix has launched several product lines in recent years. Among other things, the company developed a hybrid kiosk that allows for the prediction of drug and alcohol intoxication. The Smart Kiosk technology is easy to use and provides fast and accurate results in less than a minute. The kiosks have already been installed in several public facilities and retail chains. In addition to its products and services, Predictmedix also offers a range of consulting services. This includes advising government agencies, employers, and medical facilities on the implementation of risk analysis technologies. Predictmedix has received numerous awards in recent years. In 2021, the company won the TechX Award for the best solution in public health. The company also plans to expand globally to provide innovative risk assessment technologies in all parts of the world. In conclusion, Predictmedix Inc is an innovative company specializing in the development and implementation of technologies for predicting health risks. The company offers a variety of products and services aimed at improving people's health and well-being. Predictmedix ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Predictmedix's P/E Ratio

The Price to Earnings (P/E) Ratio of Predictmedix 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 Predictmedix'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 Predictmedix 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 Predictmedix’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 Predictmedix stock

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

The price-earnings ratio of Predictmedix is currently -1.79.

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

The price-to-earnings ratio of Predictmedix has increased by -74.06% 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 Predictmedix high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Predictmedix 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 Predictmedix?

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

How much dividend does Predictmedix pay?

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

What is the dividend yield of Predictmedix?

The current dividend yield of Predictmedix is .

When does Predictmedix pay dividends?

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

How secure is the dividend of Predictmedix?

Predictmedix paid dividends every year for the past 0 years.

What is the dividend of Predictmedix?

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

In which sector is Predictmedix located?

Predictmedix is assigned to the '-' sector.

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

To receive the latest dividend of Predictmedix from 10/4/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 10/4/2024.

When did Predictmedix pay the last dividend?

The last dividend was paid out on 10/4/2024.

What was the dividend of Predictmedix in the year 2023?

In the year 2023, Predictmedix distributed 0 CAD as dividends.

In which currency does Predictmedix pay out the dividend?

The dividends of Predictmedix are distributed in CAD.

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Andere Kennzahlen von Predictmedix

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