Ashland Inc. (ASH)
(Real Time Quote from BATS)
$96.46 USD
-0.56 (-0.58%)
Updated Apr 30, 2024 10:42 AM ET
3-Hold of 5 3
C Value D Growth B Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
ASH 96.46 -0.56(-0.58%)
Will ASH be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for ASH based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ASH
Celanese (CE) Achieves Milestones in the Acetyl Chain Business
Linde (LIN) Up 11.2% Since Last Earnings Report: Can It Continue?
ASH: What are Zacks experts saying now?
Zacks Private Portfolio Services
Why Is Ashland (ASH) Up 0.2% Since Last Earnings Report?
Can Ashland (ASH) Run Higher on Rising Earnings Estimates?
Ashland's (ASH) Q1 Earnings Beat Estimates, Revenues Miss
Other News for ASH
Ashland Senior VP Ashok Kalyana Announces Resignation
Ashland Q2 2024 Earnings Preview
Ashland sets date for fiscal 2024 second-quarter earnings release and conference call webcast
My Optimism About Albemarle Has Taken A Hit
Ashland Board appoints Scott A. Tozier as new director