Noble Corporation PLC (NE)
(Delayed Data from NYSE)
$46.29 USD
+0.83 (1.83%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $46.30 +0.01 (0.02%) 5:10 PM ET
3-Hold of 5 3
B 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.
NE 46.29 +0.83(1.83%)
Will NE be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for NE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NE
Noble (NE) Secures Additional Work With Petronas in Suriname
Patterson-UTI (PTEN) Q4 Earnings and Revenues Top Estimates
NE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Noble (NE) and Petronas Extend Contract, Agree to Rig Swap
Petrobras (PBR) Inks Semisub Contract With Noble in Colombia
3 ETFs to Fight Surging Food Inflation
Other News for NE
Analysts Have Conflicting Sentiments on These Energy Companies: Range Resources (RRC), Noble Corporation PLC Class A (NE) and Halliburton (HAL)
Noble Corporation plc to announce first quarter 2024 results
Noble Corporation: Investors Should Look Beyond Mediocre 2024 Guidance - Buy
Noble Breaks Below 200-Day Moving Average - Notable for NE
Noble Corporation plc publishes proxy statement and notice to convene its 2024 annual general meeting