Cequence PEG
What is the PEG of Cequence?
The PEG of Cequence Energy Ltd. is N/A
What is the definition of PEG?
Price/earnings to growth (PEG) ratio is a stock’s P/E ratio divided by a predicted growth rate of its earnings for a time period of 5 years.
= forward PE / 5-year EPS growth rate
The PEG ratio is calculated by dividing the P/E ratio by the company's expected earnings growth rate in the next 5 years. Since using just the P/E ratio would make high-growth companies appear overvalued relative to others, the PEG ratio is considered to be a convenient approximation. PEG is a widely employed indicator of a stock's possible true value.
Similar to P/E ratios, a lower PEG means that the stock is undervalued more. It is favored by many over the price/earnings ratio because it also accounts for growth. The PEG ratio of 1 is sometimes said to represent a fair trade-off between the values of cost and the values of growth, indicating that a stock is reasonably valued given the expected growth. A crude analysis suggests that companies with PEG values between 0 and 1 may provide higher returns. A PEG Ratio can also be a negative number if a stock's present income figure is negative, (negative earnings) or if future earnings are expected to drop (negative growth). PEG ratios calculated from negative present earnings are viewed with skepticism as almost meaningless, other than as an indication of high investment risk.
PEG of companies in the Energy sector on TSX compared to Cequence
What does Cequence do?
Cequence Energy Ltd. engages in the acquisition, exploration, development, and production of petroleum and natural gas reserves in Western Canada. It primarily focuses on the development of its Simonette asset located in the Alberta Deep Basin. The company was formerly known as Sabretooth Energy Ltd. and changed its name to Cequence Energy Ltd. in July 2009. Cequence Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
Companies with peg similar to Cequence
- Leaf Ltd has PEG of N/A
- GW Pharmaceuticals has PEG of N/A
- Silk Road Medical Inc has PEG of N/A
- Punjab National Bank has PEG of N/A
- Veru Inc has PEG of N/A
- Kopin has PEG of N/A
- Cequence has PEG of N/A
- Balrampur Chini Mills has PEG of N/A
- Reeds Inc has PEG of N/A
- MIND Technology Inc has PEG of N/A
- J.Jill Inc has PEG of N/A
- NIO Inc has PEG of N/A
- Rigel Pharmaceuticals has PEG of N/A