IDEANOMICS (IDEX)
(Delayed Data from OTC)
$0.19 USD
+0.07 (58.33%)
Updated Sep 23, 2024 12:59 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.
IDEX 0.19 +0.07(58.33%)
Will IDEX be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for IDEX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for IDEX
What's in the Cards for IDEX (IEX) This Earnings Season?
MeridianLink (MLNK) Q2 Earnings Meet Estimates
IDEX: What are Zacks experts saying now?
Zacks Private Portfolio Services
IDEX (IEX) to Report Q2 Earnings: What's in the Offing?
Other News for IDEX
EV Company News For The Month Of August 2024
Catharina Eklof appointed as Chief Executive Officer of IDEX Biometrics
IDEX Biometrics and TaluCard bring inclusive biometric payment solutions to market in Europe
SEC charges Ideanomics and three executives with accounting and disclosure fraud
EV Company News For The Month Of July 2024