NXT Energy Solutions (NSFDF)
(Delayed Data from OTC)
$0.11 USD
0.00 (-4.31%)
Updated Jun 11, 2024 11:20 AM 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.
NSFDF 0.11 0.00(-4.31%)
Will NSFDF be a Portfolio Killer in June?
Zacks Investment Research is releasing its prediction for NSFDF based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for NSFDF
NXT Announces Fully Subscribed US$2.0 Million Convertible Debenture
MCAPM, LP Acquires Convertible Debenture of NXT Energy Solutions Inc.
NXT Energy Solutions Announces SFD Survey Contract
NXT Energy Solutions GAAP EPS of -C$0.02, revenue of C$0.6M
NXT Energy Announces First Quarter 2024 Results