Clean Energy Fuels (CLNE)
(Real Time Quote from BATS)
$2.91 USD
+0.08 (2.83%)
Updated Nov 4, 2024 03:58 PM ET
3-Hold of 5 3
D Value A 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.
CLNE 2.91 +0.08(2.83%)
Will CLNE be a Portfolio Killer in November?
Zacks Investment Research is releasing its prediction for CLNE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CLNE
The Zacks Analyst Blog Clean Energy Fuels, BP plc TotalEnergies and Amazon
Pre-Q3 Earnings: Is Clean Energy Stock a Buy, Hold, or Sell?
CLNE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Clean Energy Up 24% in 6 Months: How to Play the Penny Stock?
Tech EPS Growth Lights Up Q3: Zacks OCT Strategy
J.B. Hunt Boosts Sustainability Solutions for Customers
Other News for CLNE
Dimensional Fund Advisors LP Adjusts Stake in Clean Energy Fuels Corp
CLNE Stock Surges Over 5% Amid Market Activity
CLNE Stock Drops Amid Volatile Trading and Negative Earnings
Clean Energy Fuels to build first private CNG fueling station for Houston METRO
Clean Energy to build first private CNG fueling station for Houston METRO