Mayville Engineering (MEC)
(Delayed Data from NYSE)
$14.33 USD
+0.23 (1.63%)
Updated Mar 28, 2024 04:00 PM ET
After-Market: $14.10 -0.23 (-1.61%) 7:58 PM ET
3-Hold of 5 3
A Value A Growth C Momentum A 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.
MEC 14.33 +0.23(1.63%)
Will MEC be a Portfolio Killer in March?
Zacks Investment Research is releasing its prediction for MEC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MEC
Mayville Engineering (MEC) Lags Q4 Earnings and Revenue Estimates
Mayville (MEC) to Report Q4 Earnings: Here's What to Expect
MEC: What are Zacks experts saying now?
Zacks Private Portfolio Services
Sterling Infrastructure (STRL) Tops Q4 Earnings Estimates
Are Investors Undervaluing Mayville Engineering (MEC) Right Now?
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Other News for MEC
Mayville Engineering management to meet virtually with Northland
Mayville Engineering management to meet virtually with Northland
Mayville Engineering Co Inc (MEC) Reports Solid Q4 and Full-Year 2023 Results Amidst Strategic ...
Mayville Engineering files automatic mixed securities shelf
Mayville Engineering files automatic mixed securities shelf