Platinum Underwriters (PTP)
Platinum Underwriters PE Value
View PTP PE Value with YCharts Pro.
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PTP PE Value Range, Past 5 Years
| Minimum | 15.83 | Dec 2010 |
| Maximum | 41.88 | Sep 2009 |
| Average | 31.19 |
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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PTP News
May 14, 9:00AM Marketwire
Apr 24, 2:23PM Street Insider
Apr 24, 2:22PM PR Newswire
about 42 days ago by earningscast
Apr 18, 4:17PM PR Newswire
about 51 days ago by abubnic
Apr 10, 4:01PM Street Insider
Apr 10, 4:00PM PR Newswire
about 58 days ago by MarketBrief
about 59 days ago by MarketBrief
about 60 days ago by MarketBrief
about 63 days ago by MarketBrief
about 64 days ago by MarketBrief
about 65 days ago by MarketBrief
Mar 27, 10:00AM Business Wire
about 66 days ago by MarketBrief
about 67 days ago by MarketBrief
about 69 days ago by MarketBrief
Mar 01, 4:00PM PR Newswire
Feb 28, 12:00AM Zacks
Feb 14, 4:30PM Street Insider
Feb 14, 4:29PM PR Newswire
about 113 days ago by earningscast
Jan 26, 4:10PM PR Newswire
Oct 26, 3:48PM Street Insider
about 224 days ago by MarketBrief
about 231 days ago by 1nvestor
about 275 days ago by blaise9
about 307 days ago by abbottmd
about 317 days ago by Benzinga
about 408 days ago by Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PTP | 36.30 | +0.51 | +1.42% | 1.265B |
| PTO | 10.77 | -0.02 | -0.18% | |
| PTNR | 4.64 | +0.20 | +4.50% | 691.09M |
| PSSI | 20.24 | +0.18 | +0.90% | 1.029B |
| PSS | 21.27 | -0.02 | -0.09% | 1.294B |
| PSP | 8.25 | -0.01 | -0.12% | |
| PSOF | 3.95 | -0.04 | -1.00% | 21.27M |
| PSO | 17.71 | -0.06 | -0.34% | 15.22B |
| PSMT | 67.52 | -1.47 | -2.13% | 2.063B |
| PSL | 31.59 | -0.25 | -0.78% |
