Alignment Price Earnings To Growth Ratio from 2010 to 2024

ALHC Stock  USD 13.05  0.00  0.00%   
Alignment Healthcare's Price Earnings To Growth Ratio is decreasing over the years with slightly volatile fluctuation. Price Earnings To Growth Ratio is expected to dwindle to 1.40. During the period from 2010 to 2024 Alignment Healthcare Price Earnings To Growth Ratio annual values regression line had coefficient of variation of  38.92 and r-squared of  0.31. View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
2.24762478
Current Value
1.4
Quarterly Volatility
0.79316855
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alignment Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alignment Healthcare's main balance sheet or income statement drivers, such as Tax Provision of 112.9 K, Depreciation And Amortization of 19.1 M or Interest Expense of 19.5 M, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0 or PTB Ratio of 14.69. Alignment financial statements analysis is a perfect complement when working with Alignment Healthcare Valuation or Volatility modules.
  
Check out the analysis of Alignment Healthcare Correlation against competitors.

Latest Alignment Healthcare's Price Earnings To Growth Ratio Growth Pattern

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

Alignment Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean2.04
Coefficient Of Variation38.92
Mean Deviation0.57
Median2.41
Standard Deviation0.79
Sample Variance0.63
Range2.4335
R-Value(0.56)
Mean Square Error0.47
R-Squared0.31
Significance0.03
Slope(0.1)
Total Sum of Squares8.81

Alignment Price Earnings To Growth Ratio History

2024 1.4
2023 2.25
2022 0.43
2021 -0.0231

About Alignment Healthcare Financial Statements

Alignment Healthcare stakeholders use historical fundamental indicators, such as Alignment Healthcare's Price Earnings To Growth Ratio, to determine how well the company is positioned to perform in the future. Although Alignment Healthcare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alignment Healthcare's assets and liabilities are reflected in the revenues and expenses on Alignment Healthcare'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 Alignment Healthcare LLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings To Growth Ratio 2.25  1.40 

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 Alignment Healthcare LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alignment Healthcare'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 Alignment Healthcare Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alignment Healthcare Llc Stock:
Check out the analysis of Alignment Healthcare Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Health Care Providers & 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 Alignment Healthcare. If investors know Alignment 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 Alignment Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.76)
Revenue Per Share
12.994
Quarterly Revenue Growth
0.516
Return On Assets
(0.10)
Return On Equity
(0.95)
The market value of Alignment Healthcare LLC is measured differently than its book value, which is the value of Alignment that is recorded on the company's balance sheet. Investors also form their own opinion of Alignment Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Alignment Healthcare'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 Alignment Healthcare's market value can be influenced by many factors that don't directly affect Alignment Healthcare'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 Alignment Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alignment Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alignment Healthcare'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.