Valuation check: CDNA's P/E ratio is 23.36, below the Healthcare sector average of 25.75.
Get informed when a big investor buys or sells
+ Follow23.36
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, CDNA shows a P/E ratio of 23.36. That is below the Healthcare sector average of 25.75. Scroll down for historical charts and peer comparison views.
The Healthcare sector average P/E ratio is about 25.75. Caredx is at 23.36, which is lower that average. That is roughly 9.3% below the sector mean. Use the comparison chart on this page to see how CDNA stacks up against individual peers as well.
Investors watch CDNA's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Caredx's latest reading is 23.36. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Caredx's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 23.36) with ownership activity and broader fundamentals.
The Healthcare average P/E ratio is about 25.75, while CDNA is at 23.36. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.