NOV (NOV)
(Delayed Data from NYSE)
$18.67 USD
+0.42 (2.30%)
Updated Jul 25, 2024 04:00 PM ET
After-Market: $18.84 +0.17 (0.91%) 6:44 PM ET
4-Sell of 5 4
A Value F Growth C Momentum C 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.
NOV 18.67 +0.42(2.30%)
Will NOV be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for NOV based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NOV
Factors You Need to Know Ahead of NOV Q2 Earnings Release
Climb Global (CLMB) Moves 8.5% Higher: Will This Strength Last?
NOV: What are Zacks experts saying now?
Zacks Private Portfolio Services
Is NOV (NOV) Stock Undervalued Right Now?
Nov Inc. (NOV) is a Top-Ranked Value Stock: Should You Buy?
Nov Inc. (NOV) is a Top-Ranked Value Stock: Should You Buy?
Other News for NOV
Nov Inc.: Q2 Earnings Snapshot
NOV Reports Second Quarter 2024 Results
Novatti Divests Banking Interest to Refocus Strategy
Novatti Group Requests Immediate Trading Halt
Notable Two Hundred Day Moving Average Cross - NOV