Kuke Music Holding Limited (KUKE)
(Delayed Data from NYSE)
$1.27 USD
0.00 (0.00%)
Updated Aug 30, 2024 02:45 PM ET
After-Market: $1.28 +0.01 (0.79%) 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.
KUKE 1.27 0.00(0.00%)
Will KUKE be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for KUKE based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for KUKE
Kuke Music Holding Limited to Hold Annual General Meeting and Class Meeting on September 20, 2024
Kuke Music Holding Unveils New Investment Opportunities
Why Selective Insurance Group Shares Are Trading Lower By Around 15%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Western Alliance Posts Upbeat Earnings, Joins Abacus Life, SLB And Other Big Stocks Moving Higher On Friday
7 A-Rated Penny Stocks to Beat June Gloom