Oak Valley Bancorp CA (OVLY)
(Real Time Quote from BATS)
$23.35 USD
-0.05 (-0.21%)
Updated Jun 7, 2024 12:08 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.
OVLY 23.35 -0.05(-0.21%)
Will OVLY be a Portfolio Killer in June?
Zacks Investment Research is releasing its prediction for OVLY based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for OVLY
Oak Valley Bancorp Honored with the 2023 Raymond James Community Bankers Cup Award
Oak Valley Community Bank Named One of Central Valley’s Best Places to Work
Oak Valley Bancorp Named Top Dividend Stock With Insider Buying and 1.82% Yield (OVLY)
Oak Valley Bancorp GAAP EPS of $0.69, revenue of $18.76M
OVLY Stock Earnings: Oak Valley Reported Results for Q1 2024