Albany International (AIN)
(Real Time Quote from BATS)
$70.65 USD
+1.12 (1.61%)
Updated Nov 4, 2024 03:28 PM ET
4-Sell of 5 4
B Value C Growth D 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.
AIN 70.65 +1.12(1.61%)
Will AIN be a Portfolio Killer in November?
Zacks Investment Research is releasing its prediction for AIN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for AIN
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Albany International (AIN) Tops Q3 Earnings Estimates
AIN: What are Zacks experts saying now?
Zacks Private Portfolio Services
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Earnings Preview: Albany International (AIN) Q3 Earnings Expected to Decline
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Other News for AIN
Albany International Corp (AIN) Q3 2024 Earnings Call Highlights: Navigating Growth Amid ...
Albany International Corp. Reports Mixed Q3 2024 Results
Albany International is Oversold
Albany International Corp. (AIN) Q3 2024 Earnings Call Transcript
Albany International (AIN) Receives a Rating Update from a Top Analyst