Renalytix AI (RNLX)
(Delayed Data from NSDQ)
$0.70 USD
-0.06 (-7.76%)
Updated May 3, 2024 04:00 PM ET
After-Market: $0.70 0.00 (-0.01%) 7:58 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.
RNLX 0.70 -0.06(-7.76%)
Will RNLX be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for RNLX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for RNLX
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Zacks Private Portfolio Services
New Strong Buy Stocks for October 12th
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Other News for RNLX
Renalytix AI Announces Fundraising, Executive Changes, and Shareholder Approval
Renalytix files to sell 19.99M ordinary shares for holders
Renalytix files to sell 19.99M ordinary shares for holders
Renalytix AI Announces Convertible Bond Repayments and Share Issuance
Renalytix Announces Financing with Expected Size of up to $4 Million