23andMe (ME)
(Delayed Data from NSDQ)
$0.39 USD
0.00 (0.10%)
Updated Oct 3, 2024 04:00 PM ET
After-Market: $0.39 0.00 (0.33%) 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.
ME 0.39 0.00(0.10%)
Will ME be a Portfolio Killer in October?
Zacks Investment Research is releasing its prediction for ME based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for ME
Legal Battle Brews Over 23andMe's Customer Data Breach Settlement And Arbitration Claimants
23andMe CEO says not open to considering 'third party takeover proposals'
23andMe CEO Wojcicki now says not interested in outside bids
23andMe Launches New Genetic Report on Likelihood of Frequent Emotional Eating
Barrack, Rodos & Bacine Is Investigating 23andMe Holding Co.