Pactiv Evergreen (PTVE)
(Delayed Data from NSDQ)
$12.82 USD
+0.32 (2.56%)
Updated Jul 17, 2024 04:00 PM ET
After-Market: $12.82 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A 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.
PTVE 12.82 +0.32(2.56%)
Will PTVE be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for PTVE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PTVE
Pactiv Evergreen Inc. (PTVE) is Attracting Investor Attention: Here is What You Should Know
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PTVE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Pactiv Evergreen Inc. (PTVE) Exceeds Market Returns: Some Facts to Consider
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Pactiv Evergreen Inc. (PTVE) Is a Trending Stock: Facts to Know Before Betting on It
Other News for PTVE
Pactiv Evergreen price target lowered by $3 at UBS, here's why
Pactiv Evergreen Inc. Announces Definitive Agreement to Sell Pine Bluff Paper Mill and Waynesville Extrusion Facility to Suzano SA
Pactiv Evergreen Shareholders Back Key Corporate Resolutions
PTVE Makes Notable Cross Below Critical Moving Average
Pactiv Evergreen: Heavy Restructuring Set To Drive Margin Growth