Valley National Bancorp (VLY)
Valley National Bancorp PE Value: 14.16
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VLY PE Value Rankings
| Overall | 15th percentile | 838 of 988 |
| Sector | 25th percentile | 178 of 238 in Financial |
| Industry | 24th percentile | 28 of 37 in Regional - Northeast Banks |
VLY PE Value Range, Past 5 Years
| Minimum | 6.661 | Jun 2009 |
| Maximum | 22.29 | Jun 2007 |
| Average | 14.28 |
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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VLY News
May 23, 5:37PM Street Insider
May 23, 5:37PM PR Newswire
about 29 days ago by RecogniaEvents
Apr 26, 5:53PM Seeking Alpha
Apr 23, 8:15AM Marketwire
Jan 26, 5:08PM Seeking Alpha
about 127 days ago by earningscast
Jan 26, 7:00AM PR Newswire
about 165 days ago by MarketBrief
Dec 16, 3:57PM Benzinga
about 178 days ago by MarketBrief
Nov 15, 8:07AM Street Insider
Nov 15, 8:03AM PR Newswire
about 207 days ago by MarketBrief
about 220 days ago by ycharts
about 347 days ago by chartly
about 347 days ago by STNet
about 347 days ago by harmongreg
about 372 days ago by Bullogic
about 386 days ago by abtrader
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| VLY | 10.73 | -0.46 | -4.11% | 2.204B |
| VLTR | 26.07 | -1.71 | -6.16% | 703.39M |
| VLT | 16.96 | +0.04 | +0.24% | |
| VLO | 20.68 | -0.42 | -1.99% | 11.71B |
| VLNC | 0.6601 | -0.08 | -10.80% | 125.79M |
| VLGEA | 24.40 | -0.60 | -2.40% | 342.00M |
| VLCCF | 9.07 | -0.21 | -2.26% | 226.71M |
| VLAT | 36.05 | +0.00 | +0.00% | |
| VKQ | 15.05 | -0.03 | -0.20% | |
| VKL | 13.07 | -0.02 | -0.15% |