Norsk Hydro ASA (NHYDY)
(Delayed Data from OTC)
$6.27 USD
-0.11 (-1.79%)
Updated Jul 10, 2024 03:53 PM ET
2-Buy of 5 2
A Value D Growth A 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.
NHYDY 6.27 -0.11(-1.79%)
Will NHYDY be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for NHYDY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NHYDY
Zacks.com featured highlights include Afya, Despegar.com, Kelly Services and Norsk Hydro
4 Best GARP Picks for Your Portfolio Based on Discounted PEG
NHYDY: What are Zacks experts saying now?
Zacks Private Portfolio Services
Is Norsk Hydro ASA (NHYDY) Stock Undervalued Right Now?
Should Value Investors Buy Norsk Hydro ASA (NHYDY) Stock?
Zacks.com featured highlights include Criteo, Citizens Community Bancorp, KB Home, Norsk Hydro and Empire State Realty Trust
Other News for NHYDY
Norsk Hydro ASA: Registration of share capital reduction
Norsk Hydro: Invitation to Hydro's second quarter results 2024
Hydro and Macquarie formally begin renewable energy partnership
Norsk Hydro: Hydro and Macquarie formally begin renewable energy partnership
Warning: NHYDY is at high risk of cutting its dividend