Bimini Capital Management (BMNM)
(Delayed Data from OTC)
$0.66 USD
0.00 (0.00%)
Updated May 22, 2024 12:19 PM ET
NA Value
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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.
BMNM 0.66 0.00(0.00%)
Will BMNM be a Portfolio Killer in June?
Zacks Investment Research is releasing its prediction for BMNM based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for BMNM
Bimini Capital Management Inc (BMNM) Q1 2024 Earnings Call Transcript Highlights: Navigating ...
Bimini Capital Management reports Q1 results
Bimini Capital Management, Inc. (BMNM) Q1 2024 Earnings Call Transcript
Bimini Capital Management Announces First Quarter 2024 Results
Bimini Capital Management to Announce First Quarter 2024 Results