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Core Laboratories Inc (CLB) Stock: How Does it Score on Valuation Metrics?

Monday, December 04, 2023 01:48 PM | InvestorsObserver Analysts

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Core Laboratories Inc (CLB) Stock: How Does it Score on Valuation Metrics?

Core Laboratories Inc (CLB) receives a strong valuation ranking of 66 from InvestorsObserver data analysis. The proprietary ranking system focuses on the underlying health of a company through analysis of its stock price, earnings, and growth rate. CLB has a better value than 66% of stocks based on these valuation analytics. Investors primarily focused on buy-and-hold strategies will find the valuation ranking relevant to their goals when making investment decisions.

Valuation Rank - 66
CLB gets a 66 Valuation Rank today. Find out what this means to you and get the rest of the rankings on CLB!

Metrics Analysis

CLB has a trailing twelve month Price to Earnings (PE) ratio of 34.57 which places it above the histroical average of roughly 15. CLB is currently trading at a poor value due to investors paying more than what the stock is worth in relation to its earnings. CLB's trailing-12-month earnings per share (EPS) of 0.81 does not justify its share price in the market. Trailing PE ratios do not factor in the company's projected growth rate, thus, some firms will have high PE ratios caused by high growth recruiting more investors even if the underlying company has produced low earnings so far.
CLB's 12-month-forward PE to Growth (PEG) ratio of 0.61 is considered a good value as the market is undervaluing CLB in relation to the company's projected earnings growth. CLB's PEG comes from its forward price to earnings ratio being divided by its growth rate. A PEG ratio of 1 represents a perfect correlation between earnings growth and share price. Due to their incorporation of more fundamentals of a company's overall health and focusing on the future rather than the past, PEG ratios are one of the most used valuation metrics by analysts today.

Summary

CLB's valuation metrics are strong at its current price due to a undervalued PEG ratio despite strong growth. CLB's PE and PEG are better than the market average resulting in a above average valuation score. Click Here to get the full Report on Core Laboratories Inc (CLB) stock.

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