Fred's (FRED)
Fred's PE Value: 23.04
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FRED PE Value Rankings
| Overall | 30th percentile | 688 of 986 |
| Sector | 27th percentile | 163 of 226 in Services |
| Industry | 0th percentile | 7 of 7 in Discount, Variety Stores |
FRED PE Value Range, Past 5 Years
| Minimum | 5.139 | Jul 2008 |
| Maximum | 23.03 | Apr 2012 |
| Average | 14.47 |
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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FRED News
about 4 days ago by gtlackey
about 4 days ago by harmongreg
about 5 days ago by earningscast
May 23, 5:39PM Street Insider
May 17, 4:48AM Benzinga
Mar 22, 8:32AM Street Insider
about 69 days ago by TradeBot
about 69 days ago by earningscast
about 72 days ago by harmongreg
Mar 07, 10:00AM Business Wire
about 103 days ago by DynamicDividend
about 114 days ago by harmongreg
about 144 days ago by harmongreg
about 154 days ago by harmongreg
about 162 days ago by harmongreg
about 168 days ago by aaronjackson
about 168 days ago by StockTiger
about 181 days ago by TradeIdeasQuant
about 189 days ago by TradeIdeasQuant
about 221 days ago by chessNwine
about 223 days ago by rheetta
about 223 days ago by chessNwine
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FRED | 14.12 | +0.12 | +0.86% | 525.69M |
| EVI | 1.30 | +0.00 | +0.00% | 9.139M |
| EVEP | 52.14 | +0.60 | +1.16% | 2.005B |
| EVC | 1.27 | -0.02 | -1.55% | 108.98M |
| EVBS | 4.15 | -0.03 | -0.72% | 25.02M |
| EVBN | 15.75 | -0.13 | -0.82% | 65.05M |
| EVAL | 43.67 | -0.30 | -0.68% | |
| EV | 24.05 | -0.13 | -0.54% | 2.776B |
| EUSA | 28.52 | +0.07 | +0.23% | |
| EUO | 21.48 | +0.06 | +0.28% |
