Phillips 66 (PSX)
(Delayed Data from NYSE)
$126.68 USD
-1.22 (-0.95%)
Updated Nov 7, 2024 03:59 PM ET
After-Market: $126.64 -0.04 (-0.03%) 5:28 PM ET
5-Strong Sell of 5 5
C Value C Growth D 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.
PSX 126.68 -1.22(-0.95%)
Will PSX be a Portfolio Killer in November?
Zacks Investment Research is releasing its prediction for PSX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PSX
Marathon Petroleum Tops Q3 Earnings, Boosts Stock Buyback
PBF Energy Stock Falls 2% as Q3 Earnings Lag, Dividend Raised
PSX: What are Zacks experts saying now?
Zacks Private Portfolio Services
Phillips 66 Q3 Earnings Beat Estimates, Revenues Decrease Y/Y
Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note
What's in Store for Phillips 66 This Earnings Season?
Other News for PSX
Commodity Roundup: Oil prices down, gold steadies as focus shifts to Fed rate decision
Phillips 66 (PSX) Stock Price Up 4.23% on Nov 6
Morgan Stanley Reaffirms Their Hold Rating on Phillips 66 (PSX)
Piper Sandler Keeps Their Buy Rating on Phillips 66 (PSX)
After A Price Correction, HF Sinclair Is Starting To Look Interesting (Rating Upgrade)