Arena Group (AREN)
(Delayed Data from AMEX)
$0.89 USD
+0.03 (3.49%)
Updated Jul 12, 2024 04:00 PM ET
After-Market: $0.90 +0.01 (1.12%) 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.
AREN 0.89 +0.03(3.49%)
Will AREN be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for AREN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for AREN
Arena Group Holdings, Inc. (AREN) Reports Q1 Loss, Tops Revenue Estimates
Arena Group Holdings, Inc. (AREN) Upgraded to Buy: What Does It Mean for the Stock?
AREN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Down -23.02% in 4 Weeks, Here's Why Arena Group Holdings, Inc. (AREN) Looks Ripe for a Turnaround
Fox (FOXA) Rebrands Sports Show OutKick 360 With a New Name
Down -48.67% in 4 Weeks, Here's Why Arena Group Holdings, Inc. (AREN) Looks Ripe for a Turnaround
Other News for AREN
Awareness of Brain Health is Growing, but Many Are Too Afraid to Seek Help, Parade/Cleveland Clinic Survey Finds
The Arena Group Accuses Sports Illustrated Owner, ABG, of Theft
Arena Group files lawsuit against ABG, Minute Media for theft of technology
The Arena Group Sets Sail with New Email Newsletter, "Come Cruise With Me"
180 Degree Capital Q1 2024 Shareholder Letter