Ashtead Group (ASHTY)
(Delayed Data from OTC)
$303.39 USD
-6.85 (-2.21%)
Updated Sep 20, 2024 03:59 PM ET
4-Sell of 5 4
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.
ASHTY 303.39 -6.85(-2.21%)
Will ASHTY be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for ASHTY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ASHTY
Ashtead Group Q1 Earnings Surpass Estimates, Revenues Rise Y/Y
SIEGY vs. ASHTY: Which Stock Is the Better Value Option?
ASHTY: What are Zacks experts saying now?
Zacks Private Portfolio Services
SIEGY vs. ASHTY: Which Stock Should Value Investors Buy Now?
Bear of the Day: Ashtead Group (ASHTY)
SIEGY or ASHTY: Which Is the Better Value Stock Right Now?
Other News for ASHTY
Ashtead Group initiated with bullish view at Berenberg, here's why
GLOBAL BROKER RATINGS: Morgan Stanley cuts Antofagasta to underweight
LONDON BROKER RATINGS: HSBC cuts Asos; Shore says buy Next 15
LONDON BRIEFING: Next ups outlook; Ocado Retail revenue guide lifted
Ashtead Group: Expecting EBITDA To Continue Growing In The Coming Years