Pedevco (PED)
(Delayed Data from AMEX)
$1.01 USD
+0.07 (7.45%)
Updated Oct 1, 2024 03:59 PM ET
1-Strong Buy of 5 1
B Value C Growth F 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.
PED 1.01 +0.07(7.45%)
Will PED be a Portfolio Killer in October?
Zacks Investment Research is releasing its prediction for PED based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PED
Saipem Secures Key Role in Libyan Offshore Gas Project Worth $8B
Petrobras & Staatsolie Sign MoU to Explore Collaboration Opportunities
PED: What are Zacks experts saying now?
Zacks Private Portfolio Services
Suncor's Guilty Plea in 2019 Incident: Fines to be Imposed
Petrofac Plans to Undergo Financial Restructuring to Boost Liquidity
ExxonMobil Secures 20-Year Access to Guangdong Energy's LNG Terminal
Other News for PED
Pedevco enters participation agreement, AMI with D-J Basi E&P Company
PEDEVCO Announces Entry into Participation Agreement and Area of Mutual Interest with Large Private Equity-Backed D-J Basin E&P Company
Pedevco files for $100M securities offering
PEDEVCO Announces Closing of $250 Million Reserve Based Lending Facility with Citibank, N.A.
Pedevco files $100M mixed securities shelf