China Mengniu Dairy (CIADY)
(Delayed Data from OTC)
$22.81 USD
-0.16 (-0.68%)
Updated Oct 10, 2024 03:10 PM ET
4-Sell of 5 4
A Value D Growth C 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.
CIADY 22.81 -0.16(-0.68%)
Will CIADY be a Portfolio Killer in October?
Zacks Investment Research is releasing its prediction for CIADY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CIADY
New Strong Sell Stocks for August 30th
New Strong Sell Stocks for February 9th
CIADY: What are Zacks experts saying now?
Zacks Private Portfolio Services
New Strong Sell Stocks for December 20th
Other News for CIADY
Baron New Asia Fund Q2 2024 Shareholder Letter
China Mengniu: Dairy Industry Outlook And Leadership Changes Are In The Spotlight