New Relic, Inc. (NEWR)
(Delayed Data from NYSE)
$107.90 USD
+2.33 (2.21%)
Updated May 3, 2019 04:01 PM ET
After-Market: $107.90 (%) 5:22 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental 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.
NEWR 107.90 +2.33(2.21%)
Will NEWR be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for NEWR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NEWR
Top Buy the Dip Prospects Near 52-Week Highs
META vs. NEWR: Which Stock Is the Better Value Option?
NEWR: What are Zacks experts saying now?
Zacks Private Portfolio Services
New Relic (NEWR) Surpasses Q1 Earnings and Revenue Estimates
Microsoft (MSFT) Sacks 276 Employees in Fresh Round of Layoffs
EGHT or NEWR: Which Is the Better Value Stock Right Now?