Paragon Shipping (PRGN)
Paragon Shipping PE Value
View PRGN PE Value with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
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.
Learn More
You may also be interested in these PRGN related companies
PRGN News
May 22, 11:00AM Benzinga
May 22, 10:04AM Street Insider
Apr 30, 8:31AM PR Newswire
about 55 days ago by TraderMichigan
Mar 12, 8:20AM Marketwire
about 88 days ago by GemsBot
Feb 24, 1:38PM Street Insider
about 100 days ago by contrarian1
Feb 16, 4:33PM Street Insider
Feb 16, 4:30PM PR Newswire
Feb 14, 8:20AM Marketwire
Feb 13, 4:01PM PR Newswire
about 111 days ago by TrendHopper
about 114 days ago by hangten
about 114 days ago by hangten
about 115 days ago by OptionsCommander
about 115 days ago by 3DTRADINGTRADER
Jan 31, 8:23AM Street Insider
Jan 30, 4:35PM Street Insider
about 136 days ago by iamspinner
about 142 days ago by a_vanderploeg
Dec 22, 9:01AM Benzinga
Nov 23, 2:29PM Street Insider
Nov 16, 4:08PM FlyOnTheWall
Nov 16, 4:05PM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PRGN | 0.58 | +0.00 | +0.00% | 34.72M |
| PNR | 40.76 | -0.10 | -0.24% | 4.030B |
| PNQI | 37.80 | -0.18 | -0.47% | |
| PNNT | 9.75 | +0.11 | +1.14% | 528.85M |
| PNM | 18.65 | +0.13 | +0.70% | 1.475B |
| PNFP | 17.06 | +0.01 | +0.06% | 590.27M |
| PNF | 12.05 | -0.03 | -0.25% | |
| PNC | 61.42 | +0.07 | +0.11% | 32.37B |
| PNBK | 1.82 | +0.00 | +0.00% | 69.82M |
| PDEX | 2.02 | +0.02 | +1.00% | 6.54M |