NOV (NOV)
(Delayed Data from NYSE)
$18.83 USD
-0.03 (-0.16%)
Updated Apr 24, 2024 04:00 PM ET
After-Market: $18.83 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth F Momentum B 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.
NOV 18.83 -0.03(-0.16%)
Will NOV be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for NOV based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NOV
Trane Technologies (TT) Earnings Expected to Grow: Should You Buy?
Earnings Preview: Nov Inc. (NOV) Q1 Earnings Expected to Decline
NOV: What are Zacks experts saying now?
Zacks Private Portfolio Services
Arcosa (ACA) Buys Ameron, Expands Infrastructure Portfolio
Should You Invest in the SPDR S&P Oil & Gas Equipment & Services ETF (XES)?
Arcosa (ACA) to Boost Infrastructure Presence With Ameron Buyout
Other News for NOV
NOV Inc. stock outperforms competitors despite losses on the day
National Oilwell Varco Q1 2024 Earnings Preview
NOV Inc. stock outperforms competitors on strong trading day
NOV Inc. stock underperforms Monday when compared to competitors
NOV Inc. stock outperforms competitors on strong trading day