Fortune Brands Innovations, Inc. (FBIN)
(Delayed Data from NYSE)
$73.07 USD
+0.01 (0.01%)
Updated Aug 9, 2024 04:00 PM ET
After-Market: $73.10 +0.03 (0.04%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth D Momentum A 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.
FBIN 73.07 +0.01(0.01%)
Will FBIN be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for FBIN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for FBIN
Here's What Key Metrics Tell Us About Fortune Brands Innovations (FBIN) Q2 Earnings
Fortune Brands Innovations (FBIN) Beats Q2 Earnings Estimates
FBIN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Fortune Brands Innovations (FBIN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Will Fortune Brands Innovations (FBIN) Beat Estimates Again in Its Next Earnings Report?
Fortune Brands (FBIN) Expands Portfolio With Value Hybrid
Other News for FBIN
Analysts Are Neutral on These Industrial Goods Stocks: Landstar System (LSTR), Fortune Brands Innovations (FBIN)
FBIN Crosses Above Key Moving Average Level
Fortune Brands Innovations: Growth Could Be Structurally Higher In Near-Medium Term
Fortune Brands: Good Execution And Interest Rate Cycle Reversal Should Drive Upside
Oppenheimer Remains a Hold on Fortune Brands Innovations (FBIN)