I have been doing the same - if you follow Ian Wyatt (stock guru)- he is not afraid of a Price to Earnings Growth rate of 1.25. TexCom’s price to earnings growth rate is .025. If you use TEXC’s P/E of 10 vs. the revenue growth rate for the past 3 years then the ratio is .25. TexCom’s P/E is 1/4th its growth rate. Quite a discount. I am still learning but this one looks to be one of the most financially solid undervalued stocks operating in a solid strong industry!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.