ArcelorMittal (MT)
(Delayed Data from NYSE)
$26.45 USD
+0.03 (0.11%)
Updated Mar 18, 2024 04:00 PM ET
After-Market: $26.45 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth B 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.
MT 26.45 +0.03(0.11%)
Will MT be a Portfolio Killer in March?
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) Inks Agreement to Acquire Stake in Vallourec
ArcelorMittal (MT) and Petrobras Forge Low-Carbon Partnership
MT: What are Zacks experts saying now?
Zacks Private Portfolio Services
ArcelorMittal's (MT) Q4 Earnings Beat Estimates, Sales Miss
Compared to Estimates, ArcelorMittal (MT) Q4 Earnings: A Look at Key Metrics
ArcelorMittal (MT) & Nippon Steel Lead Decarbonization in India
Other News for MT
MT May 17th Options Begin Trading
Worthington Steel JV TWB company signs licensing deal with ArcelorMittal Tailored Blanks
ArcelorMittal splashes EUR955 million to take 28% stake in Valourec
A Great Purchase For ArcelorMittal
ArcelorMittal S.A.: ArcelorMittal acquires strategic stake in Vallourec