Shares of VE traded higher by 1.59% or $0.4/share to $25.59. Veolia Environnement S.A. is trading at a price to book ratio of 1.07. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.14 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.25. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 336003 shares of VE exchange hands on a given day and today's volume is recorded at 75197. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Veolia Environnement is a provider of environmental management services, which include water and wastewater services, environmental services, energy services (excluding the production, trading and sale of electricity, other than production through co-generation) and transportation services.
