Joby Aviation, Inc. (JOBY)
(Real Time Quote from BATS)
$5.30 USD
+0.20 (3.92%)
Updated Apr 26, 2024 02:21 PM ET
3-Hold of 5 3
F Value F Growth D Momentum F 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.
JOBY 5.30 +0.20(3.92%)
Will JOBY be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for JOBY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for JOBY
Joby Aviation, Inc. (JOBY) Stock Moves -0.61%: What You Should Know
Joby Aviation, Inc. (JOBY) Beats Stock Market Upswing: What Investors Need to Know
JOBY: What are Zacks experts saying now?
Zacks Private Portfolio Services
Joby Aviation, Inc. (JOBY) Exceeds Market Returns: Some Facts to Consider
Joby Aviation (JOBY) to Deliver Additional Jets to the Air Force
Joby Aviation, Inc. (JOBY) Stock Moves -0.59%: What You Should Know
Other News for JOBY
3 Flying Car Stocks to Buy on the Dip: April 2024
Joby Partners with Abu Dhabi to Establish Electric Air Taxi Ecosystem
Joby Aviation partners with Abu Dhabi to establish electric air taxi ecosystem
3 Flying Car Stocks That Can Triple Your Investment by 2025
Invest in These 3 Flying Car Stocks Set to Soar in 2025