Pedevco (PED)
(Delayed Data from AMEX)
$0.96 USD
+0.02 (2.67%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $0.93 -0.03 (-2.76%) 7:58 PM ET
1-Strong Buy of 5 1
B Value C Growth A 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.
PED 0.96 +0.02(2.67%)
Will PED be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for PED based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PED
ConocoPhillips Lands Natural Gas Supply Deal With German Energy Firm
Saipem Wins Major Offshore Contract for Marjan Field in Saudi Arabia
PED: What are Zacks experts saying now?
Zacks Private Portfolio Services
Chesapeake Energy's Merger Deal to Close Early in Q4 2024
Vallourec to Enhance Tubular Solutions Portfolio With New Acquisition
Saipem Secures Major Offshore Contract Worth $4B From QatarEnergy
Other News for PED
Pedevco files for $100M securities offering
PEDEVCO Announces Closing of $250 Million Reserve Based Lending Facility with Citibank, N.A.
Pedevco files $100M mixed securities shelf
PEDEVCO GAAP EPS of $0.03 beats by $0.01, revenue of $11.8M beats by $2.77M
PED Stock Earnings: PEDEVCO Beats EPS, Beats Revenue for Q2 2024