Pzena Investment Management (PZN)
Pzena Investment Management 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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PZN News
May 07, 4:02PM Thomson Reuters ONE
about 28 days ago by RecogniaEvents
Apr 25, 1:06PM Seeking Alpha
about 36 days ago by earningscast
Apr 24, 4:05PM Thomson Reuters ONE
Apr 11, 4:15PM Thomson Reuters ONE
Apr 09, 4:02PM Thomson Reuters ONE
Mar 07, 4:11PM Thomson Reuters ONE
Feb 08, 5:22PM Thomson Reuters ONE
Feb 08, 2:17PM Seeking Alpha
about 113 days ago by earningscast
Feb 07, 4:04PM Thomson Reuters ONE
Feb 07, 4:03PM Thomson Reuters ONE
Jan 25, 4:18PM Thomson Reuters ONE
Jan 09, 4:03PM Thomson Reuters ONE
Dec 07, 4:03PM Thomson Reuters ONE
Nov 07, 4:01PM Thomson Reuters ONE
Oct 25, 4:01PM Thomson Reuters ONE
Oct 12, 4:01PM Thomson Reuters ONE
Oct 07, 4:01PM Thomson Reuters ONE
about 897 days ago by rossgreenspan
about 1263 days ago by CaleInTheKeys
about 1350 days ago by StockJockey
about 1367 days ago by StockJockey
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PZN | 4.22 | +0.17 | +4.20% | 262.44M |
| PZG | 2.14 | -0.06 | -2.73% | 301.16M |
| PZA | 25.38 | +0.03 | +0.12% | |
| PYH | 20.58 | -0.18 | -0.87% | |
| PXSV | 14.99 | -0.17 | -1.14% | |
| PXR | 36.88 | -0.37 | -0.99% | |
| PRO | 14.78 | -0.02 | -0.14% | 401.23M |
| PRN | 28.66 | -0.21 | -0.72% | |
| PRMW | 1.27 | -0.02 | -1.55% | 30.61M |
| PRLS | 3.81 | +0.01 | +0.26% | 13.49M |
