Galp Energia (GLPEY)
(Delayed Data from OTC)
$9.42 USD
+0.08 (0.86%)
Updated Sep 19, 2024 03:59 PM ET
2-Buy of 5 2
A Value B Growth B Momentum A 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.
GLPEY 9.42 +0.08(0.86%)
Will GLPEY be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for GLPEY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for GLPEY
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GLPEY: What are Zacks experts saying now?
Zacks Private Portfolio Services
Chevron (CVX), Rhino Prepare for Offshore Drilling in Namibia
Galp Energia's (GLPEY) Mozambique Stake Acquired by ADNOC
Galp Energia (GLPEY) Taps Into Vast Hydrocarbon Reserves
Other News for GLPEY
Exxon Mobil is said to withdraw from bid for Galp’s Namibia block
Saudi Aramco, Sasol among competitors for Shell South Africa assets - Bloomberg
Galp Energia participates in a conference call with JPMorgan
Grupo Santander gets more bearish on Galp Energia, downgrades shares
Galp Energia price target lowered by EUR 1 at JPMorgan