Shanghai Electric Group Co. (SIELY)
(Delayed Data from OTC)
$4.10 USD
+0.08 (1.99%)
Updated May 1, 2024 01:55 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.
SIELY 4.10 +0.08(1.99%)
Will SIELY be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for SIELY based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for SIELY
Điện lực Thượng Hải công bố báo cáo ESG, nêu bật những thành tựu phát triển bền vững năm 2023
Shanghai Electric, 2023년 ESG 보고서 발표
เซี่ยงไฮ้ อิเล็กทริก เผยแพร่รายงาน ESG ชูความสำเร็จด้านการพัฒนาที่ยั่งยืนในปี 2566
Shanghai Electric Releases ESG Report, Highlighting Sustainable Development Achievements in 2023
Shanghai Electric Releases ESG Report, Highlighting Sustainable Development Achievements in 2023