Industrial Tech Acquisitions (ARBE)
(Delayed Data from NSDQ)
$2.02 USD
-0.02 (-0.98%)
Updated Aug 9, 2024 03:59 PM ET
After-Market: $2.01 -0.01 (-0.50%) 7:58 PM ET
3-Hold of 5 3
F Value C Growth D Momentum F 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.
ARBE 2.02 -0.02(-0.98%)
Will ARBE be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for ARBE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ARBE
Arbe Robotics Ltd. (ARBE) Reports Q2 Loss, Tops Revenue Estimates
CoreCard Corporation (CCRD) Tops Q2 Earnings and Revenue Estimates
ARBE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Arbe Robotics Ltd. (ARBE) Reports Q1 Loss, Lags Revenue Estimates
Lightspeed Commerce Inc. (LSPD) Q4 Earnings and Revenues Surpass Estimates
Getaround, Inc. (GETR) Reports Q1 Loss, Lags Revenue Estimates
Other News for ARBE
Warning: ARBE is at high risk of performing badly
Arbe Robotics: A Strong Buy on Robust Financials and Strategic Market Positioning
Roth MKM Sticks to Their Buy Rating for Arbe Robotics (ARBE)
Arbe Robotics Ltd. (ARBE) Q2 2024 Earnings Call Transcript
ARBE Stock Earnings: Arbe Robotics Beats EPS, Beats Revenue for Q2 2024