ELME COMMUNTIES (ELME)
(Delayed Data from NYSE)
$16.57 USD
+0.20 (1.22%)
Updated Jul 22, 2024 04:00 PM ET
After-Market: $16.58 +0.01 (0.06%) 7:58 PM ET
2-Buy of 5 2
F Value D Growth F Momentum F 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.
ELME 16.57 +0.20(1.22%)
Will ELME be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for ELME based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ELME
Company News for Jul 1, 2024
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ELME: What are Zacks experts saying now?
Zacks Private Portfolio Services
Equity Lifestyle Properties (ELS) Surpasses Q1 FFO Estimates
Elme (ELME) Q4 FFO and Revenues Miss Estimates
Elme (ELME) Meets Q3 FFO Estimates
Other News for ELME
Elme Communities: Doesn't Seem Worth The Risks
Elme Communities Announces New $500 Million Credit Facility
Elme Communities Reaches Analyst Target Price
Elme Communities to Release Second Quarter 2024 Results on Thursday, August 1st
Elme Communities About To Put More Money In Your Pocket (ELME)