Continental Resources (CLR)
Continental Resources PE Value
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About PE Value (Pro)
Click the "Learn More" link below to see how YCharts calculates the PE Value
This valuation method corrects for any recent price appreciations for discounts by assuming that the value of the company will be in line with its historical valuations based on PE ratios. It will show companies that have recently increased in price, without an accompanying increase in earnings, to be overvalued, and it will show companies with a recent decrease in price, without an accompanying decrease in earnings, to be undervalued.
This method is most difficult to trust with growth stocks. Some of these companies trade at PE multiples of more than 35 for many years as they experience their growth. However, multiples of 35+ are rare (as of August 30, 2010 only 12.5% of companies had a 5 year average PE greater than 35), and since there is no sure way to know when a company's growth will slow, we apply a maximum PE ratio of 35 to companies. This helps to ensure that investors do not purchase companies under the intuition (based on history) that a stock's "reasonable" PE ratio is 35+ over the long term. If an investor wants to apply that PE ratio consciously based on special information, they may do so, but there should be sound reason.
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CLR News
May 25, 10:43AM Street Insider
May 17, 5:01PM Forbes
about 14 days ago by covestor
May 07, 8:46AM Street Insider
about 21 days ago by hertcapital
about 22 days ago by tradewithpete
about 22 days ago by hertcapital
about 24 days ago by CapitalistBull
about 25 days ago by Swanny123
May 03, 7:20PM Seeking Alpha
about 25 days ago by Centrifugal
about 25 days ago by Swanny123
about 25 days ago by antichartjunk
about 25 days ago by earningscast
about 26 days ago by tiernster
about 26 days ago by tiernster
about 26 days ago by sssc
about 26 days ago by MomentumPartnersLLC
about 26 days ago by MomentumPartnersLLC
May 02, 2:11PM PR Newswire
about 26 days ago by CapitalistBull
about 26 days ago by MomentumPartnersLLC
about 26 days ago by MomentumPartnersLLC
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CLR | 75.95 | +1.53 | +2.06% | 13.74B |
| CLNY | 16.79 | +0.09 | +0.54% | 555.92M |
| CLNT | 3.13 | +0.01 | +0.32% | 6.573M |
| CLNE | 13.43 | -0.53 | -3.80% | 1.152B |
| CLMS | 11.12 | -0.07 | -0.63% | 226.18M |
| CLM | 7.00 | +0.09 | +1.30% | |
| CLI | 27.14 | -0.22 | -0.80% | 2.383B |
| CFNL | 11.54 | -0.06 | -0.52% | 336.97M |
| CFN | 24.90 | +0.14 | +0.57% | 5.597B |
| CFK | 9.48 | +0.27 | +2.93% | 170.83M |