iQIYI (IQ)
(Real Time Quote from BATS)
$3.34 USD
-0.16 (-4.57%)
Updated Jul 22, 2024 02:52 PM ET
3-Hold of 5 3
A Value A Growth C 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.
IQ 3.34 -0.16(-4.57%)
Will IQ be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for IQ based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for IQ
Company News for Jul 3, 2024
IQ or IMAX: Which Is the Better Value Stock Right Now?
IQ: What are Zacks experts saying now?
Zacks Private Portfolio Services
Are Investors Undervaluing iQIYI (IQ) Right Now?
IQ vs. IMAX: Which Stock Is the Better Value Option?
Should Value Investors Buy iQIYI (IQ) Stock?
Other News for IQ
Ryanair Posts Q1 Results, Joins CrowdStrike And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Airiq Inc. Reports Record Recurring Revenue Growth
iQIYI Variety Show 'Become a Farmer' Reaps Widespread Acclaim in Second Season
AirIQ Announces March 31, 2024 Year End Results Reports Record Year for Recurring Revenue
iQIYI to Report Second Quarter 2024 Financial Results on August 22, 2024