TGC Industries (TGE)
TGC Industries PE Value
View TGE PE Value with YCharts Pro.
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TGE PE Value Range, Past 5 Years
| Minimum | 1.998 | Dec 2009 |
| Maximum | 1.998 | Dec 2009 |
| Average | 1.998 |
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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TGE News
about 31 days ago by thetechtrader
Apr 29, 7:45AM PR Newswire
Apr 10, 4:15PM PR Newswire
about 87 days ago by hertcapital
about 88 days ago by stkprodigy09
Feb 24, 7:45AM PR Newswire
Feb 02, 7:00AM PR Newswire
Jan 12, 7:03AM Street Insider
Dec 19, 7:00AM PR Newswire
Oct 31, 7:45AM PR Newswire
Oct 04, 7:00AM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TGE | 8.70 | -0.67 | -7.15% | 190.49M |
| TEO | 11.79 | -0.32 | -2.64% | 2.384B |
| TENZ | 88.27 | +0.08 | +0.09% | |
| TEN | 25.57 | -1.58 | -5.82% | 1.641B |
| TELK | 4.13 | -0.45 | -9.83% | 8.290M |
| TEL | 30.51 | -0.91 | -2.90% | 13.41B |
| TEI | 15.10 | -0.18 | -1.18% | |
| TEG | 53.65 | -0.45 | -0.83% | 4.235B |
| TEF | 11.17 | +0.10 | +0.90% | 51.85B |
| SILC | 13.80 | -0.17 | -1.22% | 96.81M |
