PNM Resources (PNM)
(Real Time Quote from BATS)
$36.66 USD
-0.03 (-0.08%)
Updated Apr 23, 2024 01:08 PM ET
3-Hold of 5 3
C Value D Growth C Momentum C 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.
PNM 36.66 -0.03(-0.08%)
Will PNM be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for PNM based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PNM
AVANGRID (AGR) Receives Proposal for Its Outstanding Shares
Why Is PNM Resources (PNM) Up 0.6% Since Last Earnings Report?
PNM: What are Zacks experts saying now?
Zacks Private Portfolio Services
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PNM Resources (PNM) Q4 Earnings Top, Full-Year Revenues Fall
PNM Resources (PNM) Q4 Earnings Top Estimates
Other News for PNM
RBC Capital Keeps Their Hold Rating on Pnm Resources (PNM)
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PNM Resources price target raised by $3 at Barclays, here's why
Barclays Remains a Buy on Pnm Resources (PNM)