Financial

PEG ratio

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PEG Ratio

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Price/Earnings-to-Growth Ratio

A ratio of a stock's valuation, that is, how expensive a stock is relative to its earnings and expected growth. It is calculated as:

PEG = Price/Earnings/Annual Earnings Growth per Share

A lower ratio indicates a less expensive stock with higher earnings and growth, while a higher ratio indicates the opposite. According to Peter Lynch, who popularized the ratio, a fairly priced stock has a ratio of 1.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

PEG ratio

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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References in periodicals archive
In terms of price-earnings growth for the next five years, both Facebook and Twitter have a higher forward five-year PEG ratio compared to the broader market.
Mashayekh et al (2013) investigated the predictability of PEG ratio vis-a-vis P/E ratio in order to determine stock price in firms listed on the Tehran Stock Exchange.
When you compare a stock's P/E ratio to its long-term earnings growth rate, you have the P/E-to-growth ratio, or the PEG ratio. The PEG ratio is helpful because investors can compare the valuations of companies that are growing at different rates.
It is called the P/E to growth ratio, or simply PEG ratio.
In this paper, some new features for stock selection have been included, such as relative strength index (RSI), coefficient of variation (CV), earnings yield (EY), and price to earnings growth ratio (PEG ratio), which have not been used earlier in the AHP.
As a result, 35% of nickel oxide and 14% of PVB + PEG ratio should be accepted as an optimum ratio.
The S&P 500 forward PEG ratio (forward price/earnings to longterm growth) as a valuation metric for determining the relative trade-off between the price of stocks, the earnings generated per share and the companies' expected growth does not look stretched any longer.
"Specifically for Dubai, the PEG ratio is very similar to that of comparable emerging markets and, thus, indicates a fairly valued market relative to its peers," he said.
New price target of US$32 (from US$31) is based on 15x (unchanged) revised 2015E non-GAAP EPADS of US$2.13 (from US$2.10), implying a PEG ratio of 0.28x, which Barclays sees as reasonable considering the strong earnings growth offset by the hit-or-miss nature of new games.
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