Company Information
Business: Tassal Group Limited engages in hatching, farming, processing, marketing, and selling Atlantic salmon and trout in Australia. The company’s products include Atlantic salmon fillets, Atlantic salmon portions, fresh whole Atlantic salmon, sliced smoked Atlantic salmon, smoked Atlantic salmon fillets, and other related products.
Capital Appreciation
Value: Value is a measure of a stock's current worth. TGR.AX has a current Value of $4.84 per share. Therefore, it is undervalued compared to its Price of $3.54 per share.
P/E (Price to Earnings Ratio): P/E is a popular measure of stock valuation which shows the dollars required to buy one dollar of earnings. TGR.AX has a P/E of 11.42. This ratio may be deemed to be high or low depending upon your frame of reference. The average P/E of all the stocks in the VectorVest database is 33.69. P/E is computed daily using the formula: P/E = Price/EPS.
GPE (Growth to P/E Ratio): GPE is another popular measure of stock valuation. It compares earnings growth rate to P/E ratio. TGR.AX has a GPE rating of 1.24. High growth stocks are believed to be able to justify high P/E ratios. A stock is commonly considered to be undervalued when GPE is greater than 1.00 and overvalued when GPE is below 1.00. Unfortunately, this rule of thumb does not take into account the effect of interest rates on P/E ratios. The operative GPE ratio of 1.00 is valid when and only when interest rates equal 10%. With long-term interest rates currently at 3.10%, the operative GPE ratio is 0.10. Therefore, TGR.AX may be considered to be undervalued.
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