Co-Diagnostics (CODX) Price to Book (2017 - 2026)
Co-Diagnostics' (CODX) Price to Book stood at 0.83 in Q3 2026, down 91.7% from 9.93 a year earlier and down 30.5% from the prior quarter.
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Analysis
Co-Diagnostics (CODX) Price to Book (2017 - 2026) Analysis & Trends
For FY2025, Co-Diagnostics' Price to Book came in at 0.33, down 97.6% from FY2024.
- Annual Price to Book has declined for six straight years.
- Across earlier years, Price to Book came in at 13.80 in FY2024 (-5.3%), 14.57 in FY2023 (-28.5%), 20.38 in FY2022 (-69.8%) and 67.38 in FY2021 (-43.6%).
- Quarterly Price to Book has ranged from 0.26 in Q1 2026 to 67.38 in Q4 2021 over the past five years.
- On a year-over-year basis, Price to Book has declined for eight consecutive quarters, with an average decline of 65.9% over the last eight quarters.
- Peak year-over-year performance for Price to Book in the last five years was growth of 91.6% in Q3 2024, against a decline of 97.6% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.19 (Q2 2026), 0.26 (Q1 2026) and 0.33 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn |
| 10 | Co-Diagnostics | 1.90 Mn | -22.58 Mn | -20,463.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.83 |
| Jun 30, 2026 | 1.19 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 9.93 |
| Jun 30, 2025 | 7.47 |
| Mar 31, 2025 | 6.58 |
| Dec 31, 2024 | 13.80 |
| Sep 30, 2024 | 18.77 |
| Jun 30, 2024 | 16.53 |
| Mar 31, 2024 | 13.41 |
| Dec 31, 2023 | 14.57 |
| Sep 30, 2023 | 9.80 |
| Jun 30, 2023 | 9.91 |
| Mar 31, 2023 | 12.29 |
| Dec 31, 2022 | 20.38 |
| Sep 30, 2022 | 22.06 |
| Jun 30, 2022 | 39.35 |
| Mar 31, 2022 | 42.65 |
| Dec 31, 2021 | 67.38 |
API Access
Co-Diagnostics Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=CODX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "CODX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=CODX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();