JPMorgan Chase & Co. (JPM)
(Real Time Quote from BATS)
$209.41 USD
+1.88 (0.91%)
Updated Sep 19, 2024 09:57 AM 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.
JPM 209.41 +1.88(0.91%)
Will JPM be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for JPM based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for JPM
Fed Cuts Interest Rates by 50Bps: What This Means for Bank Stocks
The Q3 Earnings Season Gets Underway
JPM: What are Zacks experts saying now?
Zacks Private Portfolio Services
The Q3 Earnings Season Gets Underway
Will Banks' M&A Activity Slow Down With Steeper Regulatory Scrutiny
JPMorgan Reportedly in Talks With Apple for Credit Card Partnership
Other News for JPM
Financials-Sector Fallout: Macro Clues From Conferences And Interim Data
Jamie Dimon: Geopolitical tensions, 'evil axis' countries are top concern
AsqMe Among Elite Startups Selected to Pitch at Prestigious Newport Investor Summit on September 27, 2024
JPMorgan (NYSE:JPM) Is Concerned About Junior Bankers’ Workloads
20 S&P 500 Stocks That Move The Most When The Fed Starts Cutting Interest Rates