Co-Diagnostics Overview
Co-Diagnostics (CODX) has a ROE of -370.16%, below the Healthcare sector average of 21.67%.
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+ Follow-370.16%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, CODX shows a ROE of -370.16%. That is below the Healthcare sector average of 21.67%. Scroll down for historical charts and peer comparison views.
The Healthcare sector average ROE is about 21.67%. Co-Diagnostics is at -370.16%, which is lower that average. That is roughly 1808.3% below the sector mean. Use the comparison chart on this page to see how CODX stacks up against individual peers as well.
Check the historical chart to see whether CODX's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Co-Diagnostics with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has Co-Diagnostics's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently -370.16%) with ownership activity and broader fundamentals.
The Healthcare average ROE is about 21.67%, while CODX is at -370.16%. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.
