Patrick Industries (PATK)
(Delayed Data from NSDQ)
$123.18 USD
+1.65 (1.36%)
Updated Jul 23, 2024 04:00 PM ET
After-Market: $123.05 -0.13 (-0.11%) 7:40 PM ET
4-Sell of 5 4
B Value B Growth C Momentum A 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.
PATK 123.18 +1.65(1.36%)
Will PATK be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for PATK based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PATK
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PATK: What are Zacks experts saying now?
Zacks Private Portfolio Services
Skyline (SKY) Stock Jumps 7.5%: Will It Continue to Soar?
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Other News for PATK
$100 Invested In Patrick Industries 10 Years Ago Would Be Worth This Much Today
Patrick Industries, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call Webcast on August 1, 2024
Introducing the New Harley-Davidson® Audio Powered by Rockford Fosgate® 2024 Subwoofer System
Patrick Industries to Participate in Upcoming CJS Conference
Rockford Fosgate® To Be On-site as the "Official Motorcycle Audio Sponsor" of the 84th annual Sturgis® Motorcycle Rally™