ASE Technology (ASX)
(Delayed Data from NYSE)
$11.90 USD
-0.60 (-4.80%)
Updated Jul 12, 2024 04:00 PM ET
After-Market: $11.90 0.00 (0.00%) 7:58 PM ET
2-Buy of 5 2
A Value A Growth F 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.
ASX 11.90 -0.60(-4.80%)
Will ASX be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for ASX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ASX
5 Low Price-to-Book Stocks Worth Buying in July
ASX vs. NVMI: Which Stock Is the Better Value Option?
ASX: What are Zacks experts saying now?
Zacks Private Portfolio Services
Are Investors Undervaluing ASE Technology (ASX) Right Now?
ASX or LSCC: Which Is the Better Value Stock Right Now?
Is ASE Technology (ASX) Stock Undervalued Right Now?
Other News for ASX
ISE Labs Expands Capabilities, Doubles Lab Space with Opening of Second Silicon Valley Location
ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*
Ariana Resources ready to advance key mining projects
ASE Technology just downgraded at Morgan Stanley, here's why
August 16th Options Now Available For ASE Technology Holding (ASX)