CBond Systems (CBNT)
(Delayed Data from OTC)
$0.00 USD
0.00 (-4.76%)
Updated Sep 13, 2024 03:54 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.
CBNT 0.00 0.00(-4.76%)
Will CBNT be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for CBNT based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for CBNT
SeaWorld Selects Patriot Glass Solutions, a C-Bond Subsidiary, to Install Protective Film at Theme Park
Patriot Glass Solutions, a C-Bond Subsidiary, Accelerates Development of its Best-of-Breed ASESS Shield with C-Bond?s Patented Bullet-Resistant Technology for Use During Public Speaking Events
C-Bond Systems reports Q2 results
C-Bond Systems Reports Highlights for Second Quarter 2024 with Revenue More Than Double that of Second Quarter 2023 and First Half 2024 Revenue Up 94% from First Half 2023
C-Bond Systems Seeing Increased Demand to Protect High Profile Individuals as it Completes Security Film Installation at Fortune 50 CEO?s Residence and Begins Co-Development of Bullet-Resistant Shield with Fox2Sierra for Use by Public Speakers and Politicians