ECARX Holdings, Inc. (ECX)
(Delayed Data from NSDQ)
$1.65 USD
-0.03 (-1.79%)
Updated May 14, 2024 04:00 PM ET
After-Market: $1.67 +0.02 (1.21%) 5:14 PM ET
3-Hold of 5 3
D Value B Growth F 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.
ECX 1.65 -0.03(-1.79%)
Will ECX be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for ECX based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for ECX
ECARX Releases Multiple Intelligent Driving Features for Skyland Pro
Ecarx releases multiple intelligent driving features for Skyland Pro
ECARX to Report First Quarter 2024 Financial Results on May 20, 2024
ECARX Announces Strategic Partnership with FAW Group to Develop Intelligent Cockpits for Its Premium Hongqi Brand
ECARX signs partnership agreement with FAW Group