Doximity Stock Price To Earning

DOCS Stock

USD 48.00 1.90 3.81%

Doximity fundamentals help investors to digest information that contributes to Doximity's financial success or failures. It also enables traders to predict the movement of Doximity Stock. The fundamental analysis module provides a way to measure Doximity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Doximity stock.

Other Current Liab Total Assets

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Doximity Company Price To Earning Analysis

Doximity's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

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Current Doximity Price To Earning

67.68 X

Most of Doximity's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Doximity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Doximity Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Doximity is extremely important. It helps to project a fair market value of Doximity Stock properly, considering its historical fundamentals such as Price To Earning. Since Doximity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Doximity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Doximity's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Invested Capital	Capital Stock	Net Working Capital	Short Term Debt
Total Assets		0.99	0.95	-0.94	0.94	0.41	0.98	1.0	0.75	1.0	0.9	0.99	0.86	0.93	1.0	0.99	0.99	0.61
Total Stockholder Equity	0.99		0.94	-0.92	0.93	0.33	0.96	1.0	0.67	1.0	0.88	0.97	0.82	0.89	1.0	0.99	1.0	0.62
Net Tangible Assets	0.95	0.94		-0.87	0.87	0.43	0.93	0.95	0.72	0.95	0.84	0.95	0.92	0.91	0.97	0.97	0.96	0.61
Net Debt	-0.94	-0.92	-0.87		-0.99	-0.27	-0.94	-0.93	-0.77	-0.94	-0.86	-0.95	-0.79	-0.92	-0.93	-0.93	-0.93	-0.43
Retained Earnings	0.94	0.93	0.87	-0.99		0.21	0.93	0.94	0.75	0.95	0.82	0.96	0.75	0.9	0.94	0.94	0.94	0.37
Accounts Payable	0.41	0.33	0.43	-0.27	0.21		0.52	0.34	0.71	0.37	0.64	0.42	0.7	0.54	0.36	0.35	0.34	0.67
Net Receivables	0.98	0.96	0.93	-0.94	0.93	0.52		0.96	0.85	0.98	0.94	0.98	0.9	0.97	0.97	0.97	0.96	0.6
Short Term Investments	1.0	1.0	0.95	-0.93	0.94	0.34	0.96		0.69	1.0	0.86	0.98	0.82	0.9	1.0	0.99	1.0	0.59
Total Liab	0.75	0.67	0.72	-0.77	0.75	0.71	0.85	0.69		0.73	0.8	0.81	0.83	0.88	0.7	0.72	0.69	0.39
Total Current Assets	1.0	1.0	0.95	-0.94	0.95	0.37	0.98	1.0	0.73		0.89	0.99	0.84	0.92	1.0	1.0	1.0	0.59
Intangible Assets	0.9	0.88	0.84	-0.86	0.82	0.64	0.94	0.86	0.8	0.89		0.88	0.9	0.93	0.88	0.87	0.87	0.76
Common Stock	0.99	0.97	0.95	-0.95	0.96	0.42	0.98	0.98	0.81	0.99	0.88		0.86	0.94	0.98	0.98	0.98	0.53
Property Plant Equipment	0.86	0.82	0.92	-0.79	0.75	0.7	0.9	0.82	0.83	0.84	0.9	0.86		0.91	0.85	0.86	0.84	0.72
Current Deferred Revenue	0.93	0.89	0.91	-0.92	0.9	0.54	0.97	0.9	0.88	0.92	0.93	0.94	0.91		0.91	0.92	0.91	0.52
Net Invested Capital	1.0	1.0	0.97	-0.93	0.94	0.36	0.97	1.0	0.7	1.0	0.88	0.98	0.85	0.91		1.0	1.0	0.61
Capital Stock	0.99	0.99	0.97	-0.93	0.94	0.35	0.97	0.99	0.72	1.0	0.87	0.98	0.86	0.92	1.0		1.0	0.58
Net Working Capital	0.99	1.0	0.96	-0.93	0.94	0.34	0.96	1.0	0.69	1.0	0.87	0.98	0.84	0.91	1.0	1.0		0.6
Short Term Debt	0.61	0.62	0.61	-0.43	0.37	0.67	0.6	0.59	0.39	0.59	0.76	0.53	0.72	0.52	0.61	0.58	0.6

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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Doximity Retained Earnings

Retained Earnings

85.76 Million

At this time, Doximity's Retained Earnings are comparatively stable compared to the past year.

Based on the latest financial disclosure, Doximity has a Price To Earning of 67 times. This is 161.92% higher than that of the Health Care Technology sector and significantly higher than that of the Health Care industry. The price to earning for all United States stocks is 135.65% lower than that of the firm.

Doximity Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Doximity's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Doximity could also be used in its relative valuation, which is a method of valuing Doximity by comparing valuation metrics of similar companies.

Doximity is currently under evaluation in price to earning category among its peers.

Doximity ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Doximity's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Doximity's managers, analysts, and investors.

Environmental

Governance

Social

Doximity Fundamentals

	Return On Equity	0.19
	Return On Asset	0.12
	Profit Margin	0.34 %
	Operating Margin	0.41 %
	Current Valuation	8.52 B
	Shares Outstanding	128.14 M
	Shares Owned By Insiders	2.71 %
	Shares Owned By Institutions	91.62 %
	Number Of Shares Shorted	10.91 M
	Price To Earning	67.68 X
	Price To Book	9.69 X
	Price To Sales	18.02 X
	Revenue	475.42 M
	Gross Profit	365.56 M
	EBITDA	195.47 M
	Net Income	147.58 M
	Cash And Equivalents	776.25 M
	Cash Per Share	4.01 X
	Total Debt	14.55 M
	Debt To Equity	0.01 %
	Current Ratio	7.24 X
	Book Value Per Share	5.15 X
	Cash Flow From Operations	184.1 M
	Short Ratio	8.86 X
	Earnings Per Share	0.87 X
	Price To Earnings To Growth	2.42 X
	Target Price	56.75
	Number Of Employees	827
	Beta	1.3
	Market Capitalization	9.32 B
	Total Asset	1.08 B
	Retained Earnings	79.99 M
	Working Capital	765.69 M
	Net Asset	1.08 B

About Doximity Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Doximity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Doximity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Doximity based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Doximity Stock Analysis

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

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