Oracle (ORCL)
(Delayed Data from NYSE)
$116.67 USD
+0.03 (0.03%)
Updated May 10, 2024 04:00 PM ET
After-Market: $116.55 -0.12 (-0.10%) 7:58 PM ET
3-Hold of 5 3
D Value B Growth D 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.
ORCL 116.67 +0.03(0.03%)
Will ORCL be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for ORCL based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ORCL
Oracle (ORCL) to Expand Its R&D Capabilities in Morocco
Oracle Corporation (ORCL) is Attracting Investor Attention: Here is What You Should Know
ORCL: What are Zacks experts saying now?
Zacks Private Portfolio Services
Oracle (ORCL) Stock Sinks As Market Gains: Here's Why
Sounhound AI (SOUN) to Post Q1 Earnings: What's in the Offing?
Should You Invest in the Invesco S&P 500 Equal Weight Technology ETF (RSPT)?
Other News for ORCL
7 A-Rated Stock Picks for May 2024
Oracle Commodity Raises Funds Through Private Placement
AI Revolution 'On the Doorstep:' The 'Tidal Wave' Is Well Underway, Analyst Says
Oracle Increases Research and Development Investments in Morocco
Hidden Opportunities: 3 Overlooked Stocks Primed for Outsized Gains Through 2030