Newegg Commerce (NEGG)
(Delayed Data from NSDQ)
$0.88 USD
0.00 (-0.05%)
Updated May 31, 2024 04:00 PM ET
After-Market: $0.89 +0.01 (1.01%) 5:04 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental 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.
NEGG 0.88 0.00(-0.05%)
Will NEGG be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for NEGG based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for NEGG
Newegg to Showcase ABS AI-Enabled PCs and SellingPilot Marketplace SaaS Platform with Largest-Ever Presence at COMPUTEX 2024
Newegg Rolls Out Tech Deals for Father’s Day
Newegg Hosts Second Annual PC Builder Competition Challenging Contestants to Build the Ultimate Desktop PC System
New AMD EPYC 4004 Series Processors Available as North America Retail Launch Exclusive from Newegg and Newegg Business
Newegg Kicks Off Summer of Savings with Early Access to Memorial Day Sale