Palantir Technologies (PLTR)
(Delayed Data from NYSE)
$24.74 USD
-1.34 (-5.14%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $24.67 -0.07 (-0.28%) 7:58 PM ET
3-Hold of 5 3
F Value A Growth B 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.
PLTR 24.74 -1.34(-5.14%)
Will PLTR be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for PLTR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PLTR
Will Top-Line Improvement Aid Palantir's (PLTR) Q2 Earnings?
Should You Buy Palantir (PLTR) Ahead of Q2 Earnings Report?
PLTR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Thomson Reuters (TRI) Q2 Earnings Surpass Estimates
SMGZY or PLTR: Which Is the Better Value Stock Right Now?
BigBear.ai (BBAI) to Report Q2 Earnings: What's in the Cards?
Other News for PLTR
Palantir Stock (NYSE:PLTR): Best to Wait for a Better Valuation
Palantir Nears The Tough $30 Barrier As Investors Watch Q2 Earnings Amid Fluctuating Stock Performance And Heightened Expectations
Palantir Nears The Tough $30 Barrier As Investors Watch Q2 Earnings Amid Fluctuating Stock Performance And Heightened Expectations
Palantir Faces Critical 'Prove Me' Moment: Analyst Says Commercial Growth Will Be 'Star Of The Show'
Wedbush Keeps Their Buy Rating on Palantir Technologies (PLTR)