Imperial Petroleum Inc. (IMPP)
(Delayed Data from NSDQ)
$4.42 USD
+0.13 (3.03%)
Updated Aug 30, 2024 04:00 PM ET
After-Market: $4.50 +0.08 (1.81%) 7:58 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental 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.
IMPP 4.42 +0.13(3.03%)
Will IMPP be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for IMPP based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for IMPP
VP Harris pledges not to ban fracking; Trump would slash Biden clean power plans
Imperial Petroleum Inc. 2024 Q2 - Results - Earnings Call Presentation
Imperial Petroleum Inc. Reports Second Quarter and Six Months 2024 Financial and Operating Results
Earnings Snapshot: Imperial Petroleum tops Q2 estimates
Imperial Petroleum reports Q2 adjusted EPS 73c vs. $1.46 last year