Co-Diagnostics, Inc.

Co-Diagnostics, Inc.verified

CODX

Price:

$1.01

Market Cap:

$32.25M

Co-Diagnostics, Inc., a molecular diagnostics company, develops, manufactures, and sells reagents used for diagnostic tests that function through the detection and/or analysis of nucleic acid molecules in the United States and internationally. It offers polymerase chain reaction (PCR) diagnostic tests for COVID-19, tuberculosis, hepatitis B and C, human papilloma virus, malaria, chikungunya, dengue, and the zika virus; three multiplexed tests to test mosquitos for the identification of diseases carried by the mosquitos; and molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications. The company also provides tests that identify gen...[Read more]

Industry

Medical - Devices

IPO Date

2017-07-12

Stock Exchange

NASDAQ

Ticker

CODX

The PE Ratio as of November 2024 (TTM) for Co-Diagnostics, Inc. (CODX) is -0.73

According to Co-Diagnostics, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.73. This represents a change of -23.74% compared to the average of -0.96 of the last 4 quarters.

Co-Diagnostics, Inc. (CODX) Historical PE Ratio (quarterly & annually)

How has CODX PE Ratio performed in the past?

The mean historical PE Ratio of Co-Diagnostics, Inc. over the last ten years is -11.17. The current -0.73 PE Ratio has changed 553.51% with respect to the historical average. Over the past ten years (40 quarters), CODX's PE Ratio was at its highest in in the June 2020 quarter at 10.56. The PE Ratio was at its lowest in in the March 2020 quarter at -40.81.

Quarterly (TTM)
Annual

Average

-11.17

Median

-3.56

Minimum

-43.54

Maximum

7.03

Co-Diagnostics, Inc. (CODX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Co-Diagnostics, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 20.24%

Maximum Annual PE Ratio = 7.03

Minimum Annual Increase = -336.73%

Minimum Annual PE Ratio = -43.54

Quarterly (TTM)
Annual
YearPE RatioChange
2023-1.10-80.17%
2022-5.57-179.21%
20217.0320.24%
20205.85-336.73%
2019-2.47-16.69%
2018-2.97-28.66%
2017-4.16-87.52%
2016-33.325.94%
2015-31.45-27.77%

Co-Diagnostics, Inc. (CODX) Average PE Ratio

How has CODX PE Ratio performed in the past?

The current PE Ratio of Co-Diagnostics, Inc. (CODX) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

0.12

5-year avg

0.75

10-year avg

-11.17

Co-Diagnostics, Inc. (CODX) PE Ratio vs. Peers

How is CODX’s PE Ratio compared to its peers?

Co-Diagnostics, Inc.’s PE Ratio is less than Heart Test Laboratories, Inc. (-0.28), less than NanoVibronix, Inc. (-0.64), greater than Rapid Micro Biosystems, Inc. (-1.04), less than ThermoGenesis Holdings, Inc. (-0.00), greater than Biomerica, Inc. (-0.86), less than Nemaura Medical Inc. (-0.00), greater than Bluejay Diagnostics, Inc. (-3.92), greater than Movano Inc. (-0.94), less than INVO Bioscience, Inc. (-0.42), greater than enVVeno Medical Corporation (-2.58), less than Tivic Health Systems, Inc. (-0.24), less than Bone Biologics Corporation (-0.30), greater than Vivos Therapeutics, Inc. (-1.68), greater than Senseonics Holdings, Inc. (-2.44), greater than Inogen, Inc. (-4.23), greater than ClearPoint Neuro, Inc. (-17.99), greater than NeuroPace, Inc. (-10.17), greater than Surmodics, Inc. (-48.35), greater than CVRx, Inc. (-5.79), greater than NeuroMetrix, Inc. (-1.12), less than ReShape Lifesciences Inc. (-0.40), greater than Inspira Technologies Oxy B.H.N. Ltd. (-2.58), greater than OpGen, Inc. (-0.93),

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