Confluent Price Earnings To Growth Ratio from 2010 to 2024

CFLT Stock  USD 31.34  0.13  0.41%   
Confluent Price Earnings To Growth Ratio yearly trend continues to be comparatively stable with very little volatility. Price Earnings To Growth Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Confluent Price Earnings To Growth Ratio quarterly data regression had mean square error of  0.63 and mean deviation of  0.51. View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
1.71655646
Current Value
1.8
Quarterly Volatility
0.83986525
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Confluent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Confluent's main balance sheet or income statement drivers, such as Tax Provision of 3.6 M, Net Interest Income of 4.2 M or Interest Income of 4.2 M, as well as many indicators such as Price To Sales Ratio of 8.6, Dividend Yield of 0.0 or PTB Ratio of 9.12. Confluent financial statements analysis is a perfect complement when working with Confluent Valuation or Volatility modules.
  
Check out the analysis of Confluent Correlation against competitors.
For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.

Latest Confluent's Price Earnings To Growth Ratio Growth Pattern

Below is the plot of the Price Earnings To Growth Ratio of Confluent over the last few years. It is Confluent's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Confluent's overall financial position and show how it may be relating to other accounts over time.
Price Earnings To Growth Ratio10 Years Trend
Slightly volatile
   Price Earnings To Growth Ratio   
       Timeline  

Confluent Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean(0.16)
Coefficient Of Variation(517.22)
Mean Deviation0.51
Median(0.35)
Standard Deviation0.84
Sample Variance0.71
Range3.3717
R-Value0.42
Mean Square Error0.63
R-Squared0.18
Significance0.12
Slope0.08
Total Sum of Squares9.88

Confluent Price Earnings To Growth Ratio History

2024 1.8
2023 1.72
2022 -0.48
2021 -1.57

About Confluent Financial Statements

Confluent shareholders use historical fundamental indicators, such as Price Earnings To Growth Ratio, to determine how well the company is positioned to perform in the future. Although Confluent investors may analyze each financial statement separately, they are all interrelated. The changes in Confluent's assets and liabilities, for example, are also reflected in the revenues and expenses on on Confluent's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Earnings To Growth Ratio 1.72  1.80 

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Additional Tools for Confluent Stock Analysis

When running Confluent's price analysis, check to measure Confluent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Confluent is operating at the current time. Most of Confluent's value examination focuses on studying past and present price action to predict the probability of Confluent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Confluent's price. Additionally, you may evaluate how the addition of Confluent to your portfolios can decrease your overall portfolio volatility.