Hewlett Packard (HPE)
(Delayed Data from NYSE)
$20.59 USD
+0.11 (0.54%)
Updated Jul 22, 2024 04:02 PM ET
After-Market: $20.66 +0.07 (0.34%) 7:58 PM ET
2-Buy of 5 2
A Value C Growth F Momentum B 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.
HPE 20.59 +0.11(0.54%)
Will HPE be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for HPE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for HPE
Should Value Investors Buy Hewlett Packard (HPE) Stock?
HPE or IBM: Which Is the Better Value Stock Right Now?
HPE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Stratasys (SSYS) Launches New Dental 3D Printer DentaJet XL
HPE & NVIDIA Team Up to Build Japan's Fastest AI Supercomputer
Cisco Declines 9.4% Year to Date: How to Play CSCO Stock Now?
Other News for HPE
Hewlett Packard Enterprise (HPE) Gets a Hold from Bernstein
Micron's Selloff Poses As A Good Buying Opportunity For The Cyclical Upswing
3 Edge Computing Stocks That Could Be Multibaggers in the Making: July Edition
Intel Capital's China Play A Concern For Washington: FT
Hewlett Packard Enterprise to Deliver AIST’s Next-generation Supercomputer for Generative AI Powered by NVIDIA