Puregold Price Club, Inc. (PGOLD) was incorporated on September 8, 1998 as a company involved in the business of trading goods such as consumer products on a wholesale and retail basis. The Company opened its first store in Mandaluyong City in December 1998. PGOLD's loyalty program, "Tindahan ni Aling Puring", was launched in 2004.
The Company conducts its operations through several retail formats and store brands. Hypermarkets, through "Puregold Price Club", offer a broad variety of food and non-food products and generally cater to both retail customers and resellers such as members of the Company's loyalty program. Supermarkets, through "Puregold Junior", operate as a neighborhood store which offers a higher proportion of food to non-food products vis-à-vis the Company's hypermarkets. Discounters, through "Puregold Extra", operate in a small store format that offers a more limited number of goods.
PGOLD also owns the S & R Membership Shopping (S&R) brand, which has a warehouse club concept where most of the products offered are in club packs; and Estenso Equities, Inc., which is the holding company for five companies namely, NE Daily Commodities and First Lane; PG Lawson, Inc.; Ayagold Retailers, Inc.; Gold Tempo Company; and San Roque Supermarkets. PPCI Subic, Inc. is operating one Puregold branch in Subic Bay, Olongapo City.
As of December 31, 2015, PGOLD is operating 135 hypermarkets, 93 supermarkets, 28 extras, 10 S&R warehouse clubs and 16 S&Rs - Quick Service Restaurants for a total of 282 stores all over the country.
PGOLD was recently became part of PSE index with a percent weight of 1.06% meaning, of all the 30 companies within PSE index, PGOLD effect on PSEi movement is only by 1.06%.
The Company conducts its operations through several retail formats and store brands. Hypermarkets, through "Puregold Price Club", offer a broad variety of food and non-food products and generally cater to both retail customers and resellers such as members of the Company's loyalty program. Supermarkets, through "Puregold Junior", operate as a neighborhood store which offers a higher proportion of food to non-food products vis-à-vis the Company's hypermarkets. Discounters, through "Puregold Extra", operate in a small store format that offers a more limited number of goods.
PGOLD also owns the S & R Membership Shopping (S&R) brand, which has a warehouse club concept where most of the products offered are in club packs; and Estenso Equities, Inc., which is the holding company for five companies namely, NE Daily Commodities and First Lane; PG Lawson, Inc.; Ayagold Retailers, Inc.; Gold Tempo Company; and San Roque Supermarkets. PPCI Subic, Inc. is operating one Puregold branch in Subic Bay, Olongapo City.
As of December 31, 2015, PGOLD is operating 135 hypermarkets, 93 supermarkets, 28 extras, 10 S&R warehouse clubs and 16 S&Rs - Quick Service Restaurants for a total of 282 stores all over the country.
PGOLD was recently became part of PSE index with a percent weight of 1.06% meaning, of all the 30 companies within PSE index, PGOLD effect on PSEi movement is only by 1.06%.
As of April 21, 2017, PGOLD was last traded price at PHP 41.75, this is 2.67 times higher compare to their recorded book last December 2016, not that expensive yet for most value investor since a PBV of more than 3 is considered expensive.
In terms of P/E, the company recorded a trailing P/E of 20.88 meaning, for every 1PHP earning last 2016, investors of this company are willing or is paying 20.88Php. With a 20.88 P/E and with growth rate of 10.5% from 2015 to 2016, the company trailing PEG ratio would be 1.99 which means, investors of this company are paying 20.88Php for every 1Php income last 2016 for a 10.5% growth rate from 2015 to 2016. A fair valued stock usually has PEG ratio of 1 meaning, what you are paying for that earning- the P/E is equivalent to the growth rate- increase in EPS.
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