TotalEnergies (TTE)
(Real Time Quote from BATS)
$68.06 USD
-1.38 (-1.99%)
Updated Oct 8, 2024 12:28 PM ET
5-Strong Sell of 5 5
B Value C Growth C 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.
TTE 68.06 -1.38(-1.99%)
Will TTE be a Portfolio Killer in October?
Zacks Investment Research is releasing its prediction for TTE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for TTE
TotalEnergies to Acquire 50% Stake in Germany Offshore Wind Projects
Petrobras Expands International Footprint With DWOB Acquisition
TTE: What are Zacks experts saying now?
Zacks Private Portfolio Services
TotalEnergies to Produce More Clean Energy, Reveals Outlook
APA and TotalEnergies Announce Joint Venture Offshore Suriname
TotalEnergies' Largest US Utility-Scale Solar Farms Start Operations
Other News for TTE
TotalEnergies Breaks Below 200-Day Moving Average - Notable for TTE
TotalEnergies Locks In Renewable Electricity Supply Deal With Saint-Gobain
TotalEnergies Lands Renewable Power Deal with Saint-Gobain
TotalEnergies Completes Multi-Million Euro Buyback
TotalEnergies Acquires 50% Stake In Two Offshore Wind Projects In North Sea: Details