Pro Return On Equity from 2010 to 2024

PDEX Stock  USD 42.33  5.30  11.13%   
Pro Dex Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Pro Dex in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.06890854
Current Value
0.0724
Quarterly Volatility
0.18474889
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pro Dex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pro Dex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 696.2 K, Interest Expense of 530.1 K or Total Revenue of 56.5 M, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 3.0E-4 or PTB Ratio of 2.32. Pro financial statements analysis is a perfect complement when working with Pro Dex Valuation or Volatility modules.
  
Check out the analysis of Pro Dex Correlation against competitors.
For more information on how to buy Pro Stock please use our How to Invest in Pro Dex guide.

Latest Pro Dex's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Pro Dex over the last few years. Return on Equity is the amount of Pro Dex net income returned as a percentage of Pro Dex equity. Return on equity measures Pro Dex profitability by revealing how much profit Pro Dex generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Pro Dex's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pro Dex's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1710 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Pro Return On Equity Regression Statistics

Arithmetic Mean0.08
Coefficient Of Variation221.00
Mean Deviation0.15
Median0.09
Standard Deviation0.18
Sample Variance0.03
Range0.6061
R-Value0.65
Mean Square Error0.02
R-Squared0.42
Significance0.01
Slope0.03
Total Sum of Squares0.48

Pro Return On Equity History

2024 0.0724
2023 0.0689
2021 0.19
2020 0.22
2019 0.32
2018 0.24
2017 0.0938

About Pro Dex Financial Statements

Pro Dex investors use historical fundamental indicators, such as Pro Dex's Return On Equity, 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 Pro Dex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.07  0.07 

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Additional Tools for Pro Stock Analysis

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