Contango ORE, Inc. (CTGO)
(Delayed Data from AMEX)
$18.90 USD
+0.10 (0.53%)
Updated Oct 2, 2024 04:00 PM ET
After-Market: $18.90 0.00 (0.00%) 6:52 PM ET
3-Hold of 5 3
F Value C Growth A Momentum C 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.
CTGO 18.90 +0.10(0.53%)
Will CTGO be a Portfolio Killer in October?
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Zacks News for CTGO
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Other News for CTGO
Contango Ore (CTGO) Shares Cross Below 200 DMA
Contango Ore Inc (CTGO) Stock Price Up 4.93% on Sep 24
Contango Announces $19.5 Million Cash Distribution Received from the Peak Gold JV
Contango ORE Strengthens Leadership and Secures Cash Distribution
Contango Ore receives $19.5M cash distribution from Peak Gold JV