Arkema (ARKAY)
(Delayed Data from OTC)
$89.31 USD
-0.54 (-0.60%)
Updated Sep 18, 2024 02:05 PM ET
3-Hold of 5 3
A Value C Growth B Momentum A 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.
ARKAY 89.31 -0.54(-0.60%)
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Zacks News for ARKAY
Arkema (ARKAY) Gets ISCC+ for Powder Coating Resins Facility
Arkema (ARKAY) Unveils New Pebax Elastomer Unit in France
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Other News for ARKAY
Hold Rating on Arkema Amidst Forecasted Financial Downturn and Low Valuation
Arkema Launches Its Ninth Capital Increase Reserved for the Group?s Current and Former Employees
Arkema: Statement about the number of shares and voting rights in compliance with the article L.233-8 II of the French commercial code and the article 223-16 of the Financial Markets Authority (AMF-Autorite des Marches Financiers)
Arkema Successfully Launched a ?500 Million Bond Issue
Arkema just upgraded at Morgan Stanley, here's why