Freyr Battery Inc. (FREY)
(Delayed Data from NYSE)
$1.78 USD
+0.10 (5.95%)
Updated May 2, 2024 04:00 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.
FREY 1.78 +0.10(5.95%)
Will FREY be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for FREY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for FREY
Freyr Battery (FREY) to Post Q4 Earnings: What's in Store?
Enovix (ENVX) Collaborates With Group14 for Silicon Battery
FREY: What are Zacks experts saying now?
Zacks Private Portfolio Services
Down -56.67% in 4 Weeks, Here's Why You Should You Buy the Dip in FREYR Battery (FREY)
Canadian Solar (CSIQ) to Report Q3 Earnings: What's in Store?
The Zacks Analyst Blog Highlights NextEra Energy Partners, FREYR Battery, Enlight Renewable Energy, TC Energy and OPAL Fuels
Other News for FREY
FREYR Battery Announces First Quarter 2024 Earnings Release and Conference Call Schedule
FREYR Battery Announces the Appointments of Todd Kantor, Tore Ivar Slettemoen, and David Manners to the Board of Directors
FREYR Battery Bolsters Board with Strategic New Appointments
FREYR Battery GAAP EPS of -$0.17
Warning: FREY is at high risk of performing badly