LyondellBasell Industries (LYB)
(Real Time Quote from BATS)
$93.63 USD
-0.41 (-0.44%)
Updated Sep 23, 2024 02:20 PM ET
3-Hold of 5 3
A Value C Growth F Momentum B 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.
LYB 93.63 -0.41(-0.44%)
Will LYB be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for LYB based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for LYB
LyondellBasell & Dacia Develop Recycled Solution for Duster Model
LyondellBasell Invests in New Recycling Center in Germany
LYB: What are Zacks experts saying now?
Zacks Private Portfolio Services
LyondellBasell (LYB) to Acquire APK AG Recycling Technology
BASF (BASFY) Unveils Fourtiva Catalyst to Boost Butylene Yields
LyondellBasell (LYB), Renault & Antolin Launch Foamed Material
Other News for LYB
Energy, Financials, and Materials stir up some interest on Wall Street
November 15th Options Now Available For LyondellBasell Industries (LYB)
Mondel?z International Makes Progress Toward Packaging Goals with Advanced Recycling Technology in Triscuit Packaging*
IYM: Materials Dashboard For September
LyondellBasell: Dividend Opportunity That Might Not Last