Yirendai (YRD)
(Delayed Data from NYSE)
$4.66 USD
0.00 (0.00%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $4.66 0.00 (0.00%) 7:58 PM ET
NA Value
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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.
YRD 4.66 0.00(0.00%)
Will YRD be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for YRD based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for YRD
Yiren Digital to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on September 25 2024
International companies to host live webcasts at Deutsche Bank?s Depositary Receipts Virtual Investor Conference on September 24th and 25th, 2024
Yiren Finds Big Returns In Small-Loan Focus, Even As Headwinds Swirl
PDD Holdings, Daqo New Energy And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Yiren Digital Ltd (YRD) Q2 2024 Earnings Call Transcript Highlights: Strong Loan Volume Growth ...