Lowest PEG Ratio in the Diversified Chemicals Industry Detected for Penford (PENX, CBT, ASH)

Published on Tue, 02/12/2013 - 11:21
By Robert Cotter in Fast Lane, ash, CBT, penx, ashland, cabot, lowest peg ratio, nasdaq:penx, nyse:ash, nyse:cbt, penford

Below are the three companies in the Diversified Chemicals industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

Penford (NASDAQ:PENX) is lowest with a PEG ratio of 0.81. Penford Corporation develops, manufactures, and markets specialty carbohydrate chemicals for papermaking and specialty food ingredients. The Company operates through its two subsidiaries, Penford Products Co. and Penford Food Ingredients Co. Thus far today, Penford has traded 4,000 shares, vs. average volume of 46,000 shares per day. The stock has outperformed the Dow (1.1% to the Dow's 0.2%) and outperformed the S&P 500 (1.1% to the S&P's 0.1%) during today's trading.

Following is Cabot (NYSE:CBT) with a PEG ratio of 0.93.

Finishing up the bottom three is Ashland (NYSE:ASH), with a PEG ratio of 0.98.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Bon-Ton Stores Trading Higher on 1.2x Ab...

Bon-Ton Stores's stock is up 3.0% to $9.35 on heavy trading volume. Approximately 321, ...

Trading Lower on Heavy Volume are Shares...

The price of Intersil shares has slipped to $13.00 (a 7.3% change) on heavy trading vol ...

Trading Lower on Heavy Volume are Shares...

Enterprise Products Partners shares are trading on heavy volume today, having fallen 1. ...

Trading Lower on Heavy Volume are Shares...

GlaxoSmithKline's stock is down 0.0% to $48.46 on heavy trading volume. About 4.0 mill ...

Sellers Reduce Exposure to Shares of Man...

Shares of Manulife Financial are trading today in above average volume, with the share ...

Trading Lower on Heavy Volume are Shares...

Tenaris shares are trading on heavy volume today, having fallen 3.4% to $43.29. About ...

Pacific Ethanol's Shares Changing Hands ...

The price of Pacific Ethanol shares has slipped to $17.50 (a 7.0% change) on heavy trad ...

Trading Lower on Heavy Volume are Shares...

Shares of Turkcell Iletisim Hizmet are trading down 0.2% to $16.39 today on above avera ...