Novonix Price Earnings To Growth Ratio from 2010 to 2024

NVX Stock  USD 2.69  0.76  39.38%   
Novonix Price Earnings To Growth Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings To Growth Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Novonix Price Earnings To Growth Ratio regression line of annual values had r-squared of  0.04 and arithmetic mean of  0.30. View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
(0.17)
Current Value
(0.16)
Quarterly Volatility
1.58794219
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novonix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novonix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 3 M or Selling General Administrative of 47.1 M, as well as many indicators such as Price To Sales Ratio of 28.8, Dividend Yield of 0.0167 or PTB Ratio of 2.05. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
  
Check out the analysis of Novonix Correlation against competitors.

Latest Novonix's Price Earnings To Growth Ratio Growth Pattern

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

Novonix Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean0.30
Geometric Mean0.27
Coefficient Of Variation537.68
Mean Deviation0.84
Median(0.15)
Standard Deviation1.59
Sample Variance2.52
Range6.9093
R-Value0.21
Mean Square Error2.60
R-Squared0.04
Significance0.46
Slope0.07
Total Sum of Squares35.30

Novonix Price Earnings To Growth Ratio History

2024 -0.16
2023 -0.17
2022 -0.19
2021 -0.11
2020 5.85
2019 0.87
2018 0.47

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Price Earnings To Growth Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Novonix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings To Growth Ratio(0.17)(0.16)

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Additional Tools for Novonix Stock Analysis

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