Highway (HIHO)
Highway 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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HIHO News
Jan 31, 8:00AM GlobeNewswire
Sep 07, 12:00PM GlobeNewswire
about 309 days ago by abubnic
about 313 days ago by DynamicDividend
about 315 days ago by abubnic
about 315 days ago by abubnic
about 315 days ago by abubnic
about 335 days ago by pumpndumphunter
Feb 28, 1:20PM GlobeNewswire
about 491 days ago by lovebob
about 566 days ago by danshep55
about 567 days ago by Detroitblues
about 567 days ago by Detroitblues
about 567 days ago by Detroitblues
about 567 days ago by Detroitblues
about 567 days ago by Detroitblues
about 568 days ago by Detroitblues
about 568 days ago by Detroitblues
about 568 days ago by Detroitblues
about 568 days ago by Detroitblues
about 568 days ago by Detroitblues
Oct 18, 8:00AM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HIHO | 1.48 | -0.04 | -2.68% | 5.594M |
| HIH | 8.60 | +0.05 | +0.58% | |
| HIG | 17.72 | +0.39 | +2.25% | 7.629B |
| HIFS | 58.20 | +0.12 | +0.21% | 122.80M |
| HIF | 9.54 | -0.10 | -1.04% | |
| HIBB | 56.46 | -0.59 | -1.03% | 1.506B |
| HI | 19.11 | +0.27 | +1.43% | 1.177B |
| HHS | 8.46 | +0.09 | +1.08% | 525.89M |
| HHC | 61.79 | +1.60 | +2.66% | 2.284B |
| HH | 0.61 | -0.01 | -1.61% | 43.20M |