Callaway Golf Company (ELY)
Callaway Golf Company 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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ELY News
about 28 days ago by bradloncar
about 31 days ago by bradloncar
about 32 days ago by Good2go
about 32 days ago by TradeBot
about 32 days ago by earningscast
about 32 days ago by Benzinga
Apr 26, 4:15PM PR Newswire
about 47 days ago by MarketBrief
Apr 11, 8:00AM PR Newswire
Apr 11, 7:31AM Street Insider
about 54 days ago by Fibline
about 54 days ago by Stonefoxcapital
about 56 days ago by amitp_gupta
about 57 days ago by evanbfi
about 70 days ago by bradloncar
about 70 days ago by TradeIdeasQuant
about 81 days ago by huntervanhorn
about 81 days ago by StockTiger
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ELY | 5.40 | +0.05 | +0.93% | 351.11M |
| ELS | 66.54 | -0.48 | -0.72% | 2.748B |
| ELRC | 14.05 | +0.13 | +0.93% | 336.92M |
| ELR | 61.96 | -0.13 | -0.20% | |
| ELP | 20.85 | +0.18 | +0.87% | 5.706B |
| ELOS | 10.97 | +0.09 | +0.83% | 384.83M |
| ELON | 3.51 | +0.01 | +0.29% | 149.28M |
| ELNK | 8.19 | +0.03 | +0.37% | 869.61M |
| EIP | 14.78 | +0.01 | +0.07% | |
| EIO | 14.54 | +0.01 | +0.07% |