ContextLogic Inc. (LOGC)
(Delayed Data from NSDQ)
$5.43 USD
0.00 (0.00%)
Updated Aug 28, 2024 04:00 PM ET
After-Market: $5.42 -0.01 (-0.18%) 7:36 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.
LOGC 5.43 0.00(0.00%)
Will LOGC be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for LOGC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for LOGC
The Zacks Analyst Blog highlights Consolidated Water, Ashford Hospitality Trust, BankFinancial, LogicBio Therapeutics and ProPhase Labs
5 Big Winners as Dollar Strengthens on Fed Rate Hike
LOGC: What are Zacks experts saying now?
Zacks Private Portfolio Services
5 Winning Stocks Backed by the Overlooked Trick of Rising P/E
LogicBio Therapeutics (LOGC) Moves to Buy: Rationale Behind the Upgrade
Other News for LOGC
Warning: LOGC is at high risk of performing badly
LOGC Stock Earnings: ContextLogic Misses EPS, Beats Revenue for Q2 2024
ContextLogic Inc. Reports Second-Quarter Financial Results
ContextLogic GAAP EPS of -$0.50
ContextLogic Enhances Leadership and Streamlines Governance