RenaissanceRe (RNR)
(Delayed Data from NYSE)
$220.17 USD
-6.65 (-2.93%)
Updated Apr 23, 2024 04:00 PM ET
After-Market: $220.12 -0.05 (-0.02%) 7:58 PM ET
3-Hold of 5 3
B Value D Growth B 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.
RNR 220.17 -6.65(-2.93%)
Will RNR be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for RNR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for RNR
Why RenaissanceRe (RNR) is Poised to Beat Earnings Estimates Again
RenaissanceRe (RNR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
RNR: What are Zacks experts saying now?
Zacks Private Portfolio Services
RenaissanceRe (RNR) Rises 19.8% in 3 Months: More Growth Ahead?
Why Is RenaissanceRe (RNR) Up 0.1% Since Last Earnings Report?
Encore Capital's (ECPG) Q4 Earnings Beat on Higher Collections
Other News for RNR
Synectics plc Optimistic About Strong Start and Growth
Synectics Secures Major Contract with UK Utility
RenaissanceRe Holdings Becomes Oversold
RenaissanceRe Holdings' Series G Preference Shares Cross 6% Yield Mark
Bank of America Securities Remains a Buy on Renaissancere Holdings (RNR)