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Steelcase Inc (SCS) Stock by the Numbers

Friday, May 26, 2023 02:46 PM | InvestorsObserver Analysts

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Steelcase Inc (SCS) Stock by the Numbers

Steelcase Inc (SCS) receives a strong valuation ranking of 92 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. SCS has a better value than 92% 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 - 92
SCS gets a 92 Valuation Rank today. Find out what this means to you and get the rest of the rankings on SCS!

Metrics Analysis

SCS has a trailing twelve month Price to Earnings (PE) ratio of 25.7 which places it above the histroical average of roughly 15. SCS is currently trading at a poor value due to investors paying more than what the stock is worth in relation to its earnings. SCS's trailing-12-month earnings per share (EPS) of 0.13 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.
SCS's 12-month-forward PE to Growth (PEG) ratio of 1.14 is considered a roughly average value as the market is valuing SCS right in line with its projected earnings growth. SCS'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

All together these valuation metrics paint a pretty adequate picture for SCS at its current price due to a fairly valued PEG ratio despite strong growth. The PE and PEG for SCS are around the average of the market resulting in a valuation score of 92. Click Here to get the full Report on Steelcase Inc (SCS) stock.

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