Root Price Earnings To Growth Ratio from 2010 to 2024

ROOT Stock  USD 99.06  2.80  2.75%   
Root 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, Root Price Earnings To Growth Ratio quarterly data regression had r-value of  0.70 and coefficient of variation of (66.65). View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
0.0004218
Current Value
0.000443
Quarterly Volatility
0.05058182
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Root financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Root's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 34.4 M or Depreciation And Amortization of 7.2 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.57. Root financial statements analysis is a perfect complement when working with Root Valuation or Volatility modules.
  
Check out the analysis of Root Correlation against competitors.

Latest Root's Price Earnings To Growth Ratio Growth Pattern

Below is the plot of the Price Earnings To Growth Ratio of Root Inc over the last few years. It is Root's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Root'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  

Root Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean(0.08)
Geometric Mean0.04
Coefficient Of Variation(66.65)
Mean Deviation0.04
Median(0.11)
Standard Deviation0.05
Sample Variance0
Range0.1317
R-Value0.70
Mean Square Error0
R-Squared0.49
Significance0
Slope0.01
Total Sum of Squares0.04

Root Price Earnings To Growth Ratio History

2024 4.43E-4
2023 4.22E-4
2022 -0.1
2021 0.0262
2020 -0.009853

About Root Financial Statements

Root 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 Root investors may analyze each financial statement separately, they are all interrelated. The changes in Root's assets and liabilities, for example, are also reflected in the revenues and expenses on on Root'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

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Additional Tools for Root Stock Analysis

When running Root's price analysis, check to measure Root'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 Root is operating at the current time. Most of Root's value examination focuses on studying past and present price action to predict the probability of Root's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Root's price. Additionally, you may evaluate how the addition of Root to your portfolios can decrease your overall portfolio volatility.