Eastman Chemical (EMN)
(Delayed Data from NYSE)
$103.30 USD
+2.29 (2.27%)
Updated Jun 7, 2024 04:00 PM ET
After-Market: $103.29 -0.01 (-0.01%) 7:58 PM ET
3-Hold of 5 3
B Value D Growth B 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.
EMN 103.30 +2.29(2.27%)
Will EMN be a Portfolio Killer in June?
Zacks Investment Research is releasing its prediction for EMN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for EMN
Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
EMN: What are Zacks experts saying now?
Zacks Private Portfolio Services
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Other News for EMN
Dividend Champion, Contender, And Challenger Highlights: Week Of June 9
Eastman’s Aldo Noseda receives 2024 Tennessee CIO Global ORBIE Award
Transforming Plastic Waste in the World’s Largest Molecular Recycling Facility
Eastman Chemical Welcomes Donald Slager to Board of Directors
Eastman Board Elects New Director