Sanara Medtech Stock Price To Earning

SMTI Stock  USD 36.36  0.17  0.47%   
Sanara Medtech fundamentals help investors to digest information that contributes to Sanara Medtech's financial success or failures. It also enables traders to predict the movement of Sanara Stock. The fundamental analysis module provides a way to measure Sanara Medtech'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 Sanara Medtech stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sanara Medtech Company Price To Earning Analysis

Sanara Medtech'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

More About Price To Earning | All Equity Analysis

Sanara Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Sanara Medtech is extremely important. It helps to project a fair market value of Sanara Stock properly, considering its historical fundamentals such as Price To Earning. Since Sanara Medtech'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 Sanara Medtech'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 Sanara Medtech's interrelated accounts and indicators.
0.99-0.020.260.970.990.950.9-0.07-0.580.750.960.620.880.250.860.990.60.68-0.11-0.770.89
0.99-0.160.320.940.960.90.95-0.13-0.590.750.920.690.910.260.90.980.70.73-0.1-0.70.92
-0.02-0.16-0.380.160.080.25-0.440.360.25-0.190.23-0.57-0.170.04-0.39-0.02-0.75-0.47-0.17-0.45-0.34
0.260.32-0.380.260.280.150.42-0.32-0.690.540.180.340.43-0.050.540.20.470.080.45-0.040.26
0.970.940.160.260.980.960.80.02-0.570.710.990.520.850.260.780.960.440.55-0.13-0.830.8
0.990.960.080.280.980.970.84-0.07-0.60.740.980.550.880.270.820.970.50.58-0.13-0.790.84
0.950.90.250.150.960.970.750.05-0.530.710.980.440.780.210.710.940.380.52-0.13-0.850.76
0.90.95-0.440.420.80.840.75-0.21-0.660.780.750.830.870.220.950.890.890.820.02-0.530.93
-0.07-0.130.36-0.320.02-0.070.05-0.21-0.03-0.130.04-0.05-0.19-0.02-0.27-0.03-0.310.02-0.31-0.06-0.05
-0.58-0.590.25-0.69-0.57-0.6-0.53-0.66-0.03-0.86-0.5-0.62-0.65-0.02-0.73-0.53-0.55-0.33-0.240.34-0.54
0.750.75-0.190.540.710.740.710.78-0.13-0.860.650.610.8-0.040.850.70.630.420.22-0.520.66
0.960.920.230.180.990.980.980.750.04-0.50.650.430.80.240.710.950.370.52-0.16-0.840.77
0.620.69-0.570.340.520.550.440.83-0.05-0.620.610.430.750.150.830.670.850.87-0.27-0.30.78
0.880.91-0.170.430.850.880.780.87-0.19-0.650.80.80.750.240.940.90.650.63-0.21-0.620.83
0.250.260.04-0.050.260.270.210.22-0.02-0.02-0.040.240.150.240.220.240.120.130.0-0.260.18
0.860.9-0.390.540.780.820.710.95-0.27-0.730.850.710.830.940.220.850.840.710.03-0.540.86
0.990.98-0.020.20.960.970.940.89-0.03-0.530.70.950.670.90.240.850.60.74-0.24-0.770.9
0.60.7-0.750.470.440.50.380.89-0.31-0.550.630.370.850.650.120.840.60.810.14-0.210.77
0.680.73-0.470.080.550.580.520.820.02-0.330.420.520.870.630.130.710.740.81-0.35-0.370.86
-0.11-0.1-0.170.45-0.13-0.13-0.130.02-0.31-0.240.22-0.16-0.27-0.210.00.03-0.240.14-0.350.12-0.19
-0.77-0.7-0.45-0.04-0.83-0.79-0.85-0.53-0.060.34-0.52-0.84-0.3-0.62-0.26-0.54-0.77-0.21-0.370.12-0.45
0.890.92-0.340.260.80.840.760.93-0.05-0.540.660.770.780.830.180.860.90.770.86-0.19-0.45
Click cells to compare fundamentals
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.
Competition

Sanara Retained Earnings

Retained Earnings

(29.44 Million)

As of now, Sanara Medtech's Retained Earnings are increasing as compared to previous years.
Based on the latest financial disclosure, Sanara Medtech has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The price to earning for all United States stocks is 100.0% higher than that of the company.

Sanara Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sanara Medtech'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 Sanara Medtech could also be used in its relative valuation, which is a method of valuing Sanara Medtech by comparing valuation metrics of similar companies.
Sanara Medtech is currently under evaluation in price to earning category among its peers.

Sanara Medtech 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, Sanara Medtech's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sanara Medtech's managers, analysts, and investors.
Environmental
Governance
Social

Sanara Fundamentals

About Sanara Medtech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sanara Medtech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sanara Medtech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sanara Medtech 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.

Currently Active Assets on Macroaxis

When determining whether Sanara Medtech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sanara Medtech'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 Sanara Medtech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sanara Medtech Stock:
Check out Sanara Medtech Piotroski F Score and Sanara Medtech Altman Z Score analysis.
For more detail on how to invest in Sanara Stock please use our How to Invest in Sanara Medtech guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Health Care Equipment & Supplies 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 Sanara Medtech. If investors know Sanara 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 Sanara Medtech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
9.241
Quarterly Revenue Growth
0.352
Return On Assets
(0.05)
Return On Equity
(0.20)
The market value of Sanara Medtech is measured differently than its book value, which is the value of Sanara that is recorded on the company's balance sheet. Investors also form their own opinion of Sanara Medtech's value that differs from its market value or its book value, called intrinsic value, which is Sanara Medtech'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 Sanara Medtech's market value can be influenced by many factors that don't directly affect Sanara Medtech'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 Sanara Medtech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanara Medtech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanara Medtech'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.