ArcelorMittal (MT)
(Delayed Data from NYSE)
$23.97 USD
-0.39 (-1.60%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $23.98 +0.01 (0.04%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth F Momentum C 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.
MT 23.97 -0.39(-1.60%)
Will MT be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for MT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MT
ArcelorMittal (MT) Brazil Inks Contracts for Solar Energy Projects
National Steel (SID) Q2 Earnings Beat Estimates, Revenues Dip Y/Y
MT: What are Zacks experts saying now?
Zacks Private Portfolio Services
ArcelorMittal (MT) Closes Strategic 28% Stake Buy in Vallourec
3 Steel Producer Stocks to Watch Amid Industry Challenges
ArcelorMittal's (MT) Q2 Earnings and Revenues Miss Estimates
Other News for MT
Analyst Favorites: ArcelorMittal Ranks As a Top Metals Pick
ArcelorMittal SA (MT) Stock Price Up 3.49% on Sep 19
MT January 2027 Options Begin Trading
Kepler Capital Sticks to Their Buy Rating for ArcelorMittal (0RP9)
U.S. Steel: Merger Arbitrage Doubts And Cyclical Risks Have Emerged