Chromadex Price Book Value Ratio from 2010 to 2024

CDXC Stock  USD 7.44  0.19  2.49%   
Chromadex Corp's Price Book Value Ratio is decreasing over the years with slightly volatile fluctuation. Price Book Value Ratio is expected to dwindle to 3.58. During the period from 2010 to 2024 Chromadex Corp Price Book Value Ratio annual values regression line had geometric mean of  11.00 and mean square error of  37.32. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
3.76822287
Current Value
3.58
Quarterly Volatility
8.20261925
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chromadex Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chromadex Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 863.7 K, Interest Expense of 3.3 K or Selling General Administrative of 16.5 M, as well as many indicators such as Price To Sales Ratio of 1.22, Dividend Yield of 0.0 or PTB Ratio of 3.58. Chromadex financial statements analysis is a perfect complement when working with Chromadex Corp Valuation or Volatility modules.
  
Check out the analysis of Chromadex Corp Correlation against competitors.
For information on how to trade Chromadex Stock refer to our How to Trade Chromadex Stock guide.

Latest Chromadex Corp's Price Book Value Ratio Growth Pattern

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

Chromadex Price Book Value Ratio Regression Statistics

Arithmetic Mean13.54
Geometric Mean11.00
Coefficient Of Variation60.60
Mean Deviation6.78
Median12.38
Standard Deviation8.20
Sample Variance67.28
Range21.3146
R-Value(0.70)
Mean Square Error37.32
R-Squared0.48
Significance0
Slope(1.28)
Total Sum of Squares941.96

Chromadex Price Book Value Ratio History

2024 3.58
2023 3.77
2022 4.09
2021 7.92
2020 17.85
2019 12.03

About Chromadex Corp Financial Statements

Chromadex Corp stakeholders use historical fundamental indicators, such as Chromadex Corp's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Chromadex Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chromadex Corp's assets and liabilities are reflected in the revenues and expenses on Chromadex Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Chromadex Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 3.77  3.58 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Chromadex Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chromadex Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chromadex Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chromadex Corp Stock:
Check out the analysis of Chromadex Corp Correlation against competitors.
For information on how to trade Chromadex Stock refer to our How to Trade Chromadex Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Life Sciences Tools & Services 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 Chromadex Corp. If investors know Chromadex 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 Chromadex Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.02
Revenue Per Share
1.215
Quarterly Revenue Growth
0.312
Return On Assets
0.0051
Return On Equity
0.0482
The market value of Chromadex Corp is measured differently than its book value, which is the value of Chromadex that is recorded on the company's balance sheet. Investors also form their own opinion of Chromadex Corp's value that differs from its market value or its book value, called intrinsic value, which is Chromadex Corp'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 Chromadex Corp's market value can be influenced by many factors that don't directly affect Chromadex Corp'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 Chromadex Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chromadex Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chromadex Corp'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.