Valuation
The Valuation view compares a company's price with the valuation measure you select. Use it to distinguish historical observations from forecast assumptions. It is available on Free, Pro Lite, and Pro.
Before you begin
Open a company in Advanced Charting, then select Valuation.
Quickstart
- Select Valuation and a supported price-to measure.
- Choose the historical window.
- Review the legend and inspect a date on the chart.
- Add available Forecast years to distinguish estimated values from history.
What it shows
| Series | How to read it |
|---|---|
| Price | Daily closing price adjusted for share splits. |
| Daily Multiple | The selected valuation ratio over time. Read its ratio axis, not the price axis. |
| Normal Multiple | A historical reference for the selected window. |
| Formula Fair Value | A valuation estimate for this measure. It is not the company page's combined fair value. |
| Historical Normal Value | Price context based on the company's historical valuation relationship. |
| Formula Value Area | The filled valuation area for the selected measure and reporting basis. |
| Dividends | Dividend amounts displayed above the valuation area. This is not a total-return price line. |
| Consensus at Formula Multiple | A price scenario using analyst estimates and the displayed valuation assumption. |
| Consensus at Normal Multiple | A price scenario using analyst estimates and historical valuation context. |
| Consensus Dividend Band | Available dividend estimates added to the forecast display. |
The legend changes for PEG and PEGY views. Read the Fair, Median, and Consensus labels associated with the selected ratio. Hide a series by selecting its legend entry; select it again to restore it.
Inputs
| Control | What it does |
|---|---|
| Price-to metric | Chooses the valuation measure. Choices depend on available company data. |
| Year buttons or Max | Sets the historical window. Historical comparisons change with this window. |
| Custom | Sets From and To dates. From must precede To and stay within available history. |
| Forecast years | Extends the view using available analyst estimates. Unsupported horizons are disabled. |
| Legend labels | Shows or hides individual series. |
| Projection | Selects two plotted price points for a return comparison. |
The measure choices include P/E, P/S, P/EBIT, P/EBITDA, P/OCF, P/FCF, P/B, and P/FFO where available. PEG (P/E), PEG (EV/EBITDA), PEGY (P/E), and PEGY (EV/EBITDA) add growth context where sufficient data exists.
Outputs and how to read them
The summary
Hover or touch a date to see that point's readings. Move away to return to the current summary.
- Latest close is the latest plotted close.
- A valuation multiple can show its reporting basis, such as trailing or blended. Compare figures with the same basis.
- Dividend yield (LTM) uses dividends over the last twelve months.
- Growth names the measure and period used.
- Vs historical normal and Vs formula fair show the relationship to those references. Positive indicates above the reference; negative indicates below it.
- Dated To formula fair and To normal multiple readings are annualized scenarios through the stated end date, including the dividend assumption.
- Window and Periods describe the history in the chart.
Forecast points show their fiscal period, estimated financial measure, scenario values, and available dividend estimates. The forecast region is distinct from historical observations.
Growth-based ratios
For PEG and PEGY, distinguish consensus growth, which describes expected growth, from window growth, which describes realized growth over the selected history. The current ratio and historical median can use different growth bases. Read the basis labels before comparing them.
An unavailable growth rate, insufficient history, or an unsuitable financial measure can leave a ratio or fair-value reading unavailable. Widen the window when the displayed notice requests more history.
Data and timing
Prices, reported financial periods, and future fiscal estimates do not update together. Check the date and basis for each reading. Forecast availability varies by company and measure.
Limitations and disclosures
GNG valuation estimates and their calibration are proprietary. Historical valuation levels do not establish a future price. See Projection for the standard return arithmetic used to compare selected points.
GNG Research provides equity research and educational tools, not investment advice. Nothing on the platform is a recommendation to buy or sell any security. Do your own research and consider your circumstances before making any investment decision.