Global Medical REIT (GMRE)
(Delayed Data from NYSE)
$9.57 USD
-0.11 (-1.14%)
Updated Jul 24, 2024 04:00 PM ET
After-Market: $9.57 0.00 (0.00%) 6:40 PM ET
3-Hold of 5 3
B Value D 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.
GMRE 9.57 -0.11(-1.14%)
Will GMRE be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for GMRE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for GMRE
Global Medical REIT (GMRE) Q1 FFO and Revenues Miss Estimates
Diversified Healthcare (DHC) Q1 FFO Match Estimates
GMRE: What are Zacks experts saying now?
Zacks Private Portfolio Services
DiamondRock Hospitality (DRH) Q1 FFO and Revenues Beat Estimates
After Plunging -11.42% in 4 Weeks, Here's Why the Trend Might Reverse for Global Medical REIT (GMRE)
Global Medical REIT (GMRE) Misses Q4 FFO and Revenue Estimates
Other News for GMRE
Sila Realty Trust: This Newly Listed REIT Could Be A Great Portfolio Addition For Income Seekers
Picking A Winner In High-Yield REITs
Global Medical REIT Inc. Announces Dates for Second Quarter Earnings Release and Webcast
Global Medical REIT Inc. Releases Corporate Social Responsibility Report
These Landlords Pay Up to 22%. Can We Trust Them?