Amgen (AMGN)
(Real Time Quote from BATS)
$273.50 USD
-0.04 (-0.02%)
Updated Apr 24, 2024 10:50 AM ET
3-Hold of 5 3
C 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.
AMGN 273.50 -0.04(-0.02%)
Will AMGN be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for AMGN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for AMGN
Why Amgen (AMGN) Outpaced the Stock Market Today
Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks
AMGN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Eli Lilly's (LLY) Tirzepatide Meets Goals in Sleep Apnea Studies
Amgen (AMGN) Suffers a Larger Drop Than the General Market: Key Insights
Should You Invest in the VanEck Biotech ETF (BBH)?
Other News for AMGN
Analysts Offer Insights on Healthcare Companies: Amgen (AMGN) and Bausch + Lomb Corporation (BLCO)
Goldman’s debt issuers stocks basket
Gilead Sciences: Some Signs Of An Impending Bottom
Dividend yield and growth stock list by Goldman
March 2025 Options Now Available For Amgen (AMGN)