Global Medical REIT (GMRE)
(Real Time Quote from BATS)
$8.12 USD
+0.03 (0.37%)
Updated Apr 26, 2024 02:48 PM ET
2-Buy of 5 2
C Value F Growth D 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.
GMRE 8.12 +0.03(0.37%)
Will GMRE be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for GMRE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for GMRE
After Plunging -11.42% in 4 Weeks, Here's Why the Trend Might Reverse for Global Medical REIT (GMRE)
Global Medical REIT (GMRE) Misses Q4 FFO and Revenue Estimates
GMRE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Insights Into Global Medical REIT (GMRE) Q4: Wall Street Projections for Key Metrics
City Office REIT (CIO) Q4 FFO Meet Estimates
Should You Buy Global Medical REIT (GMRE) After Golden Cross?
Other News for GMRE
Global Medical REIT Inc. Announces Dates for First Quarter Earnings Release and Webcast
REITs finish March trading at 15% discount to NAV per share estimates
GMRE Named Top 10 REIT at Dividend Channel With 9.69% Yield
GMRE Breaks Above 10% Yield Territory
Ex-Div Reminder for Global Medical REIT (GMRE)