Albemarle (ALB)
(Real Time Quote from BATS)
$89.16 USD
+3.13 (3.64%)
Updated Sep 23, 2024 12:12 PM ET
3-Hold of 5 3
D Value D Growth D Momentum F 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.
ALB 89.16 +3.13(3.64%)
Will ALB be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for ALB based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ALB
Should You Snap Up Albemarle Stock After 14% Rally in a Week?
Albemarle (ALB) Stock Dips While Market Gains: Key Facts
ALB: What are Zacks experts saying now?
Zacks Private Portfolio Services
Albemarle (ALB) Stock Drops Despite Market Gains: Important Facts to Note
Albemarle Corporation (ALB) is Attracting Investor Attention: Here is What You Should Know
Albemarle (ALB) Down 1.6% Since Last Earnings Report: Can It Rebound?
Other News for ALB
Albemarle Corp (ALB) Trading 3.86% Higher on Sep 23
Albemarle: Speculative And Dependent On Lithium Prices
Albemarle Corp (ALB) Shares Gap Down to $86.66 on Sep 20
DoE awards $3B for 25 projects to boost U.S. battery production
Friday Sector Laggards: Materials, Technology & Communications