Joby Aviation, Inc. (JOBY)
(Delayed Data from NYSE)
$6.47 USD
-0.06 (-0.92%)
Updated Jul 22, 2024 04:00 PM ET
Pre-Market: $6.44 -0.03 (-0.46%) 9:00 AM ET
3-Hold of 5 3
F Value D Growth A Momentum F 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.
JOBY 6.47 -0.06(-0.92%)
Will JOBY be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for JOBY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for JOBY
Joby Aviation, Inc. (JOBY) Reports Q1 Loss, Misses Revenue Estimates
Joby Aviation, Inc. (JOBY) Stock Moves -0.61%: What You Should Know
JOBY: What are Zacks experts saying now?
Zacks Private Portfolio Services
Joby Aviation, Inc. (JOBY) Beats Stock Market Upswing: What Investors Need to Know
Joby Aviation, Inc. (JOBY) Exceeds Market Returns: Some Facts to Consider
Joby Aviation (JOBY) to Deliver Additional Jets to the Air Force
Other News for JOBY
Deutsche Numis Reaffirms Their Sell Rating on Joby Aviation (JOBY)
Deutsche reiterates Sell on Joby Aviation after 25% share rally
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