Ericsson (ERIC)
(Delayed Data from NSDQ)
$5.36 USD
+0.16 (3.08%)
Updated Apr 23, 2024 04:00 PM ET
After-Market: $5.36 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value C Growth F Momentum C 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.
ERIC 5.36 +0.16(3.08%)
Will ERIC be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for ERIC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ERIC
Ericsson's (ERIC) Vonage Announces Partnership With Singtel
Ericsson (ERIC) Q1 Earnings Beat Estimates, Top Line Falls Y/Y
ERIC: What are Zacks experts saying now?
Zacks Private Portfolio Services
Ericsson (ERIC) Solution to Upgrade Swisscom's Mobile Network
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Ericsson (ERIC) Stock Slides as Market Rises: Facts to Know Before You Trade
Other News for ERIC
Chips likely to show 'broad-based' headwinds with AI, PCs shining: Susquehanna
Broadcom Faces Backlash Over Licensing, EU Trade Groups Demand Investigation
Vonage, part of Ericsson, and Singtel partner for digital transformation
Singtel Partners with Vonage to Accelerate Global Enterprise and Telco Innovation and Digital Transformation
Vonage, part of Ericsson and Singtel partner for digital transformation