Cathay General Bancorp (CATY)
(Delayed Data from NSDQ)
$44.16 USD
+1.08 (2.51%)
Updated Sep 19, 2024 04:00 PM ET
After-Market: $44.15 -0.01 (-0.02%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth B 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.
CATY 44.16 +1.08(2.51%)
Will CATY be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for CATY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CATY
Cathay (CATY) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Cathay General (CATY) Q2 Earnings Surpass Estimates
CATY: What are Zacks experts saying now?
Zacks Private Portfolio Services
Cathay General (CATY) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Why Cathay (CATY) is Poised to Beat Earnings Estimates Again
Mitsubishi UFJ (MUFG) Repurchases 37M Shares Under 80M Plan
Other News for CATY
Cathay General Bancorp (CATY) Shares Down 3.36% on Sep 11
Is September the most bearish month? Yes for the S&P, no for banks, Piper says
Cathay General Bancorp declares $0.34 dividend
Cathay General Bancorp Declares $0.34 Per Share Dividend
Cathay General: Turnaround Seems Near, Buy On Dips