Pure Storage (PSTG)
(Real Time Quote from BATS)
$60.15 USD
+0.24 (0.40%)
Updated May 22, 2024 11:04 AM ET
3-Hold of 5 3
F Value A Growth B Momentum C 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.
PSTG 60.15 +0.24(0.40%)
Will PSTG be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for PSTG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PSTG
Pure Storage (PSTG) Data Storage Platform Leveraged by NMSU
Pure Storage (PSTG) Is Considered a Good Investment by Brokers: Is That True?
PSTG: What are Zacks experts saying now?
Zacks Private Portfolio Services
Pure Storage (PSTG) Soars 137% in a Year: Will the Rally Last?
Pure Storage (PSTG) Suffers a Larger Drop Than the General Market: Key Insights
Pure Storage (PSTG) Laps the Stock Market: Here's Why
Other News for PSTG
Disney and HP upgraded: Wall Street's top analyst calls
HP, Pure Storage in focus as Barclays changes ratings on pair
Evaluating Pure Storage: Insights From 15 Financial Analysts
Dell sees bullish views at Citi on potential to gain share in AI market
Wells Fargo Remains a Buy on Pure Storage (PSTG)