CVLG Historical PE Ratio image   This CVLG PE ratio history page last updated 3/11/2024
CVLG Historical PE Ratio Chart
PeriodPriceAdj. EPSAnnualizedPE
Q4 2023
1/23/2024
48.901.074.2811.4
Q3 2023
10/25/2023
41.811.134.529.3
Q2 2023
7/26/2023
48.761.074.2811.4
Q1 2023
4/27/2023
35.630.933.729.6
Q4 2022
1/25/2023
38.431.375.487.0
Q3 2022
10/20/2022
30.901.526.085.1
Q2 2022
7/25/2022
29.231.636.524.5
Q1 2022
4/27/2022
18.581.355.403.4
Q4 2021
1/26/2022
21.871.074.285.1
Q3 2021
10/20/2021
34.491.024.088.5
Q2 2021
7/21/2021
19.410.963.845.1
Q1 2021
4/26/2021
19.080.562.248.5
Q4 2020
1/25/2021
15.970.612.446.5
Q3 2020
10/26/2020
17.510.562.247.8
Q2 2020
8/10/2020
16.770.030.12139.8
Q1 2020
5/19/2020
8.38-0.09-0.36NA
Q4 2019
1/23/2020
12.910.100.4032.3
Q3 2019
10/22/2019
16.40-0.08-0.32NA
Q2 2019
7/24/2019
15.250.351.4010.9
Q1 2019
4/25/2019
19.820.271.0818.4
Q4 2018
1/23/2019
22.380.923.686.1
Q3 2018
10/23/2018
24.190.662.649.2
Q2 2018
7/25/2018
28.850.542.1613.4
Q1 2018
4/24/2018
28.860.240.9630.1
Q4 2017
1/29/2018
29.520.502.0014.8
Q3 2017
10/19/2017
27.760.251.0027.8
Q2 2017
7/25/2017
17.070.080.3253.3
Q1 2017
4/20/2017
17.060.030.12142.2
Q4 2016
1/25/2017
20.080.331.3215.2
Q3 2016
10/19/2016
14.980.160.6423.4
Q2 2016
7/27/2016
20.350.200.8025.4
Q1 2016
4/27/2016
24.810.210.8429.5
Q4 2015
1/25/2016
16.050.732.925.5
Q3 2015
10/16/2015
22.520.421.6813.4
Q2 2015
7/22/2015
25.270.602.4010.5
Q1 2015
4/23/2015
35.590.301.2029.7
Q4 2014
1/21/2015
24.760.823.287.5
Q3 2014
10/21/2014
18.900.421.6811.2
Q2 2014
7/23/2014
13.090.251.0013.1
Q1 2014
4/29/2014
9.93-0.10-0.40NA
Q4 2013
1/27/2014
8.680.220.889.9
Q3 2013
10/17/2013
6.370.130.5212.2
Q2 2013
7/24/2013
6.240.130.5212.0
Q1 2013
4/24/2013
5.65-0.13-0.52NA
Q4 2012
1/30/2013
6.430.100.4016.1
Q3 2012
10/31/2012
4.640.070.2816.6
Q2 2012
7/25/2012
3.800.291.163.3
CVLG PE History Chart
PeriodPriceAdj. EPSTTMPE
Q4 2023
1/23/2024
48.901.074.2011.6
Q3 2023
10/25/2023
41.811.134.509.3
Q2 2023
7/26/2023
48.761.074.8910.0
Q1 2023
4/27/2023
35.630.935.456.5
Q4 2022
1/25/2023
38.431.375.876.5
Q3 2022
10/20/2022
30.901.525.575.5
Q2 2022
7/25/2022
29.231.635.075.8
Q1 2022
4/27/2022
18.581.354.404.2
Q4 2021
1/26/2022
21.871.073.616.1
Q3 2021
10/20/2021
34.491.023.1510.9
Q2 2021
7/21/2021
19.410.962.697.2
Q1 2021
4/26/2021
19.080.561.7610.8
Q4 2020
1/25/2021
15.970.611.1114.4
Q3 2020
10/26/2020
17.510.560.6029.2
Q2 2020
8/10/2020
16.770.03-0.04NA
Q1 2020
5/19/2020
8.38-0.090.2829.9
Q4 2019
1/23/2020
12.910.100.6420.2
Q3 2019
10/22/2019
16.40-0.081.4611.2
Q2 2019
7/24/2019
15.250.352.206.9
Q1 2019
4/25/2019
19.820.272.398.3
Q4 2018
1/23/2019
22.380.922.369.5
Q3 2018
10/23/2018
24.190.661.9412.5
Q2 2018
7/25/2018
28.850.541.5318.9
Q1 2018
4/24/2018
28.860.241.0727.0
Q4 2017
1/29/2018
29.520.500.8634.3
Q3 2017
10/19/2017
27.760.250.6940.2
Q2 2017
7/25/2017
17.070.080.6028.5
Q1 2017
4/20/2017
17.060.030.7223.7
Q4 2016
1/25/2017
20.080.330.9022.3
Q3 2016
10/19/2016
14.980.161.3011.5
Q2 2016
7/27/2016
20.350.201.5613.0
Q1 2016
4/27/2016
24.810.211.9612.7
Q4 2015
1/25/2016
16.050.732.057.8
Q3 2015
10/16/2015
22.520.422.1410.5
Q2 2015
7/22/2015
25.270.602.1411.8
Q1 2015
4/23/2015
35.590.301.7919.9
Q4 2014
1/21/2015
24.760.821.3917.8
Q3 2014
10/21/2014
18.900.420.7923.9
Q2 2014
7/23/2014
13.090.250.5026.2
Q1 2014
4/29/2014
9.93-0.100.3826.1
Q4 2013
1/27/2014
8.680.220.3524.8
Q3 2013
10/17/2013
6.370.130.2327.7
Q2 2013
7/24/2013
6.240.130.1736.7
Q1 2013
4/24/2013
5.65-0.130.3317.1
Q4 2012
1/30/2013
6.430.10NANA
Q3 2012
10/31/2012
4.640.07NANA
Q2 2012
7/25/2012
3.800.29NANA
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Covenant Logistics Gr (CVLG) is categorized under the Industrials sector; to help you further research PE history across stocks, below are some other companies in the same sector:

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How should the CVLG historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Covenant Logistics Gr. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this CVLG Historical PE Ratio page.

What is the average historical PE for CVLG based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The CVLG historical PE ratio using the annualized quarterly earnings method works out to 19.9.

What is the average historical PE for CVLG based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The CVLG historical PE ratio using the TTM earnings method works out to 16.7.

What is the average historical PE for CVLG based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The CVLG historical PE ratio using the annualized median TTM earnings method works out to 4.28.

On this page we presented the CVLG Historical PE Ratio information for Covenant Logistics Gr' stock. The average CVLG historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 19.9. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average CVLG historical PE based on this TTM earnings result method is 16.7. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this CVLG historical PE result, against the recent PE: when this page was posted on 3/8/2024, the most recent closing price for CVLG had been 45.80, and the most recent quarterly earnings result, annualized, was 4.28. Meanwhile, the most recent TTM earnings summed to 4.2. From these numbers, we calculate the recent CVLG PE on 3/8/2024 based on annualized quarterly EPS was 10.7. Based on CVLG's history, that recent PE is low relative to the historical average, with the recent PE 46.2% lower than the historical average PE across our data set for Covenant Logistics Gr. Looking at the recent CVLG PE on 3/8/2024 based on TTM EPS, we calculate the ratio at 10.9. Based on CVLG's history, that recent PE is low relative to the historical average, with the recent PE 34.7% lower than the average PE across our Covenant Logistics Gr data set with TTM EPS used in the calculation at each period.

Another interesting CVLG historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for CVLG, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for CVLG, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.93, 1.07, 1.07, and 1.13. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 1.07 and 1.07 — which gives us the median of 1.07. Basically the way to think about this 1.07 number is this: for the trailing four earnings reports, 1.07 marks the "middle ground" number where CVLG has reported a value higher than 1.07 half the time, and has reported a value lower than 1.07 half the time. Annualizing that median value then gets us to 4.28/share, which we use as the denominator in our next PE calculation. With 45.80 as the numerator (as of 3/8/2024), the calculation is then 45.80 / 4.28 = 10.7 as the CVLG PE ratio as of 3/8/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on CVLG or any other given stock, valuation analysis for CVLG can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Covenant Logistics Gr PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for CVLG. Thanks for visiting, and the next time you need to research CVLG Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

Recommended: AKCA Options Chain, FTLB shares outstanding history, ARC Historical Stock Prices.

 

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