NOV (NOV)
(Delayed Data from NYSE)
$18.49 USD
-0.86 (-4.44%)
Updated Apr 30, 2024 04:00 PM ET
After-Market: $18.48 -0.01 (-0.05%) 7:58 PM ET
3-Hold of 5 3
A Value D 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.
NOV 18.49 -0.86(-4.44%)
Will NOV be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for NOV based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NOV
NOV Q1 Earnings Surpass Estimates, Revenues Increase Y/Y
Nov Inc. (NOV) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
NOV: What are Zacks experts saying now?
Zacks Private Portfolio Services
Nov Inc. (NOV) Tops Q1 Earnings and Revenue Estimates
Trane Technologies (TT) Earnings Expected to Grow: Should You Buy?
Earnings Preview: Nov Inc. (NOV) Q1 Earnings Expected to Decline
Other News for NOV
NOV Inc. stock underperforms Tuesday when compared to competitors
Breaking Down NOV: 6 Analysts Share Their Views
Novatti Group Shares March Quarter Insights
Novatti Hits Record Revenue with Strategic Cost Cuts
NOV Inc. price target lowered by $1 at TD Cowen, here's why