Electrovaya Inc. (ELVA)
(Delayed Data from NSDQ)
$1.99 USD
-0.01 (-0.25%)
Updated Aug 29, 2024 03:59 PM ET
After-Market: $1.99 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth F Momentum D 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.
ELVA 1.99 -0.01(-0.25%)
Will ELVA be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for ELVA based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ELVA
Electrovaya Inc. (ELVA) Reports Q2 Loss, Misses Revenue Estimates
Carrier Global (CARR) Beats Q4 Earnings Estimates
ELVA: What are Zacks experts saying now?
Zacks Private Portfolio Services
All You Need to Know About Electrovaya Inc. (ELVA) Rating Upgrade to Strong Buy
Other News for ELVA
Electrovaya price target lowered by $2 at Seaport Research, here's why
Electrovaya price target lowered by $3 at Craig-Hallum, here's why
Buy Rating Affirmed for Electrovaya Amid Revenue Diversification and Margin Improvement Prospects
Electrovaya Inc. (ELVA) Q3 2024 Earnings Call Transcript
Craig-Hallum Keeps Their Buy Rating on Electrovaya (ELVA)