The Bank of New York Mellon (BK)
(Delayed Data from NYSE)
$57.18 USD
-0.77 (-1.33%)
Updated Apr 25, 2024 04:00 PM ET
After-Market: $57.17 -0.01 (-0.02%) 7:58 PM ET
3-Hold of 5 3
C Value F Growth A 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.
BK 57.18 -0.77(-1.33%)
Will BK be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for BK based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for BK
BNY Mellon's (BK) Q1 Earnings Beat, AUM & Fee Income Rise
The Bank of New York Mellon (BK) Reports Q1 Earnings: What Key Metrics Have to Say
BK: What are Zacks experts saying now?
Zacks Private Portfolio Services
BNY Mellon (BK) Q1 Earnings Beat on Higher Fee Income & AUM
The Bank of New York Mellon Corporation (BK) Q1 Earnings and Revenues Surpass Estimates
Why BNY Mellon (BK) Might Surprise This Earnings Season
Other News for BK
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution
BNY Mellon to sell its Canadian trust unit to Computershare
Computershare to buy BNY Trust Company of Canada
Computershare to acquire BNY Trust Company of Canada
BNY Mellon High Yield Strategies Fund Declares Dividend