Crescent point post One company to watch right now is Crescent Point Energy (CPG). CPG is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 7.02, while its industry has an average P/E of 9.04. Over the last 12 months, CPG's Forward P/E has been as high as 7.75 and as low as 2.34, with a median of 5.98.
We should also highlight that CPG has a P/B ratio of 0.89. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. CPG's current P/B looks attractive when compared to its industry's average P/B of 1.79. Within the past 52 weeks, CPG's P/B has been as high as 0.93 and as low as 0.64, with a median of 0.79.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. CPG has a P/S ratio of 1.47. This compares to its industry's average P/S of 1.63.