Ellomay Capital (ELLO)
(Delayed Data from AMEX)
$11.95 USD
0.00 (0.00%)
Updated Sep 18, 2024 03:48 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental 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.
ELLO 11.95 0.00(0.00%)
Will ELLO be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for ELLO based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for ELLO
Ellomay Capital Announces Achievement of an Important Milestone towards the Project Finance of its 198 MW Solar Portfolio in Italy
Ellomay Capital Reports Publication of Financial Statements of Dorad Energy Ltd. for the Three and Six Months Ended June 30, 2024
Ellomay Capital Raises NIS 50 Million from Debenture Sale
Ellomay Capital Reports Fire Incident Recovery
Ellomay Capital Announces Results of 2024 Annual General Meeting of Shareholders