Greenland Technologies (GTEC)
(Delayed Data from NSDQ)
$2.25 USD
+0.63 (38.89%)
Updated Aug 16, 2024 04:00 PM ET
After-Market: $2.37 +0.12 (5.33%) 7:58 PM ET
3-Hold of 5 3
C Value C 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.
GTEC 2.25 +0.63(38.89%)
Will GTEC be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for GTEC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for GTEC
One Stop Systems, Inc. (OSS) Reports Q2 Loss, Tops Revenue Estimates
Best Momentum Stocks to Buy for July 22nd
GTEC: What are Zacks experts saying now?
Zacks Private Portfolio Services
Fast-paced Momentum Stock Greenland Technologies (GTEC) Is Still Trading at a Bargain
New Strong Buy Stocks for July 17th
Best Value Stocks to Buy for July 12th
Other News for GTEC
GTEC Stock Earnings: Greenland Technologies Beats EPS, Misses Revenue for Q2 2024
Why Greenland Technologies Shares Are Trading Higher By Around 40%; Here Are 20 Stocks Moving Premarket
Greenland Reports 99.7% YoY Increase in 2Q 2024 Net Income
Greenland Technologies GAAP EPS of $0.34, revenue of $23.02M misses by $3.98M
Assurant Partners with HEVI to Provide Extended Service Contracts