Quick Report on Clorox Company (CLX)

By Tamara Parker • Friday, February 03 12:17 • Permanent Link

It's been a great afternoon session for Clorox Company investors, who saw their shares rise 7.3% to a price of $151.36 per share. At these higher prices, is the company still fairly valued? If you are thinking about investing, make sure to check the company's fundamentals before making a decision.

The Clorox Company manufactures and markets consumer and professional products worldwide. The company belongs to the Consumer Defensive sector, which has an average price to earnings (P/E) ratio of 24.21 and an average price to book (P/B) ratio of 4.09. In contrast, Clorox Company has a trailing 12 month P/E ratio of 43.0 and a P/B ratio of 57.3.

Clorox Company's PEG ratio is 2.55, which shows that the stock is probably overvalued in terms of its estimated growth. For reference, a PEG ratio near or below 1 is a potential signal that a company is undervalued.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.