American Resources (AREC)
(Delayed Data from NSDQ)
$1.41 USD
-0.04 (-2.76%)
Updated Mar 28, 2024 04:00 PM ET
After-Market: $1.42 +0.01 (0.71%) 7:58 PM ET
3-Hold of 5 3
F Value F Growth A 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.
AREC 1.41 -0.04(-2.76%)
Will AREC be a Portfolio Killer in March?
Zacks Investment Research is releasing its prediction for AREC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for AREC
American Resources Corporation (AREC) Reports Q4 Loss, Misses Revenue Estimates
Commercial Metals (CMC) Surpasses Q2 Earnings and Revenue Estimates
AREC: What are Zacks experts saying now?
Zacks Private Portfolio Services
Wheaton Precious Metals Corp. (WPM) Q4 Earnings and Revenues Surpass Estimates
American Resources (AREC), EDP Tie Up for Sustainable Wind Energy
American Resources (AREC) Closes Mineral Asset Interest Buyout
Other News for AREC
American Resources Corporation's ReElement Technologies Announces Successful Execution and Closing of Bond Purchase Agreement for $150 Million of Kentucky Industrial Building Revenue Bonds for its Kentucky Lithium Refinery
AREC Stock Earnings: American Res Misses EPS, Misses Revenue for Q4 2023
American Resources Corporation (AREC) Q4 2023 Earnings Call Transcript
Recap: American Res Q4 Earnings
Earnings Scheduled For March 28, 2024