23andme Holding Co Stock Price To Earning
| ME Stock | USD 1.76 0.08 4.35% |
23Andme Holding Co fundamentals help investors to digest information that contributes to 23Andme Holding's financial success or failures. It also enables traders to predict the movement of 23Andme Stock. The fundamental analysis module provides a way to measure 23Andme Holding's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 23Andme Holding stock.
23Andme | Price To Earning |
23Andme Holding Co Company Price To Earning Analysis
23Andme Holding's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current 23Andme Holding Price To Earning | (3.48) X |
Most of 23Andme Holding's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 23Andme Holding Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
23Andme Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for 23Andme Holding is extremely important. It helps to project a fair market value of 23Andme Stock properly, considering its historical fundamentals such as Price To Earning. Since 23Andme Holding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of 23Andme Holding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of 23Andme Holding's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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23Andme Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, 23Andme Holding Co has a Price To Earning of -3.48 times. This is 113.47% lower than that of the Biotechnology sector and 113.36% lower than that of the Health Care industry. The price to earning for all United States stocks is 112.12% higher than that of the company.
23Andme Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 23Andme Holding's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 23Andme Holding could also be used in its relative valuation, which is a method of valuing 23Andme Holding by comparing valuation metrics of similar companies.23Andme Holding is currently under evaluation in price to earning category among its peers.
23Andme Fundamentals
| Return On Equity | -1.94 | ||||
| Return On Asset | -0.33 | ||||
| Profit Margin | (1.87) % | ||||
| Operating Margin | (0.42) % | ||||
| Current Valuation | 30.56 M | ||||
| Shares Outstanding | 19.72 M | ||||
| Shares Owned By Insiders | 15.35 % | ||||
| Shares Owned By Institutions | 24.90 % | ||||
| Number Of Shares Shorted | 1.39 M | ||||
| Price To Earning | (3.48) X | ||||
| Price To Book | 0.79 X | ||||
| Price To Sales | 0.24 X | ||||
| Revenue | 219.64 M | ||||
| Gross Profit | 110.72 M | ||||
| EBITDA | (291.87 M) | ||||
| Net Income | (666.7 M) | ||||
| Cash And Equivalents | 410.89 M | ||||
| Cash Per Share | 0.90 X | ||||
| Total Debt | 76.52 M | ||||
| Debt To Equity | 0.1 % | ||||
| Current Ratio | 3.49 X | ||||
| Book Value Per Share | 2.35 X | ||||
| Cash Flow From Operations | (164.32 M) | ||||
| Short Ratio | 6.03 X | ||||
| Earnings Per Share | (17.39) X | ||||
| Target Price | 2.08 | ||||
| Number Of Employees | 560 | ||||
| Beta | 1.2 | ||||
| Market Capitalization | 49.36 M | ||||
| Total Asset | 395.17 M | ||||
| Retained Earnings | (2.17 B) | ||||
| Working Capital | 127.98 M | ||||
| Current Asset | 212.32 M | ||||
| Current Liabilities | 372.61 M | ||||
| Net Asset | 395.17 M |
About 23Andme Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 23Andme Holding Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 23Andme Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 23Andme Holding Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 23Andme Holding. If investors know 23Andme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 23Andme Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (17.39) | Revenue Per Share | Quarterly Revenue Growth 0.347 | Return On Assets | Return On Equity |
The market value of 23Andme Holding is measured differently than its book value, which is the value of 23Andme that is recorded on the company's balance sheet. Investors also form their own opinion of 23Andme Holding's value that differs from its market value or its book value, called intrinsic value, which is 23Andme Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 23Andme Holding's market value can be influenced by many factors that don't directly affect 23Andme Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 23Andme Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if 23Andme Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 23Andme Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.