ATRenew (RERE)
(Real Time Quote from BATS)
$2.34 USD
-0.04 (-1.68%)
Updated May 31, 2024 09:44 AM 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.
RERE 2.34 -0.04(-1.68%)
Will RERE be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for RERE based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for RERE
ATRenew Inc. Extends Partnership with JD.com
ATRenew renews cooperation agreement with JD.com
ATRenew Feeds On National Recycling Campaign, Strong JD.com Ties
NIO and WOOF among Consumer Discretionary movers
ATRenew Reports Q1 Revenue Beat, Expects To 'Significantly Outpace' Broader Recycling Market