NovaGold Resources (NG)
NovaGold 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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NG News
about 5 hours ago by NovaGold
about a day ago by NovaGold
about 7 days ago by StockTiger
about 7 days ago by CallmeCrazy
about 9 days ago by StockTiger
about 9 days ago by StockTiger
about 13 days ago by StockTiger
about 13 days ago by StockTiger
about 14 days ago by OptionsCommander
about 16 days ago by CallmeCrazy
about 16 days ago by HighGrowthFinancial
about 17 days ago by elliottwave
about 23 days ago by trin_trader
about 23 days ago by Gh0stTrade515
about 26 days ago by CodiSmith
May 03, 4:32PM Fox Business
Apr 05, 8:00AM Marketwire
Mar 12, 11:51AM Marketwire
Feb 17, 11:02AM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NG | 5.91 | +0.15 | +2.60% | 1.601B |
| NFZ | 14.65 | -0.02 | -0.14% | |
| NE | 32.61 | -1.54 | -4.51% | 8.612B |
| NDX | 2559 | +31.92 | +1.26% | |
| NDSN | 53.62 | -0.48 | -0.89% | 3.527B |
| NDAQ | 21.82 | -0.40 | -1.80% | 3.853B |
| NCZ | 7.89 | -0.20 | -2.47% | |
| NCV | 8.73 | -0.16 | -1.80% | |
| NCTY | 4.80 | +0.26 | +5.73% | 105.65M |
| NCT | 6.63 | -0.11 | -1.63% | 708.91M |