Rimini Street (RMNI)
(Delayed Data from NSDQ)
$1.82 USD
-0.01 (-0.55%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $1.82 0.00 (0.00%) 7:58 PM ET
4-Sell of 5 4
A Value C Growth A Momentum A 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.
RMNI 1.82 -0.01(-0.55%)
Will RMNI be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for RMNI based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for RMNI
Rimini Street (RMNI) Q2 Earnings and Revenues Miss Estimates
Rimini Street (RMNI) Lags Q1 Earnings and Revenue Estimates
RMNI: What are Zacks experts saying now?
Zacks Private Portfolio Services
Paypal (PYPL) Tops Q1 Earnings and Revenue Estimates
Rimini Street (RMNI) Upgraded to Strong Buy: What Does It Mean for the Stock?
New Strong Buy Stocks for April 25th
Other News for RMNI
Rimini Street Support for VMware Selected by Clients Across 4 Continents
Warning: RMNI is at high risk of performing badly
Rimini: Substantial Recurring Revenue, Reallocation Of Resources, And Undervalued
Rimini Street Honored as Best Workplaces? for Millennials 2024 India and a Great Place to Work? Australia
Rimini Street Earns 2024 Tech Cares Award from TrustRadius