Nitto Denko (NDEKY)
(Delayed Data from OTC)
$40.35 USD
-0.35 (-0.86%)
Updated Jul 8, 2024 03:50 PM ET
5-Strong Sell of 5 5
C Value A Growth C Momentum B 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.
NDEKY 40.35 -0.35(-0.86%)
Will NDEKY be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for NDEKY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NDEKY
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Here's Why Momentum in Nitto Denko Corp. (NDEKY) Should Keep going
NDEKY: What are Zacks experts saying now?
Zacks Private Portfolio Services
Here's What Could Help Nitto Denko Corp. (NDEKY) Maintain Its Recent Price Strength
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Other News for NDEKY
NDEKY Stock Earnings: Nitto Denko Reported Results for Q4 2023
니토 덴코 아베시아, 신임 사장 임명
นิตโต เดนโกะ อเวเชีย อิงค์ แต่งตั้งประธานใหม่
New President Appointed for Nitto Denko Avecia Inc.
New President Appointed for Nitto Denko Avecia Inc.