Qifu Technology, Inc. (QFIN)
(Delayed Data from NSDQ)
$20.31 USD
+0.61 (3.10%)
Updated Jul 31, 2024 04:00 PM ET
After-Market: $20.31 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth D 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.
QFIN 20.31 +0.61(3.10%)
Will QFIN be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for QFIN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for QFIN
Is NOV (NOV) Stock Undervalued Right Now?
Recent Price Trend in Qifu Technology, Inc. (QFIN) is Your Friend, Here's Why
QFIN: What are Zacks experts saying now?
Zacks Private Portfolio Services
QFIN or CART: Which Is the Better Value Stock Right Now?
Buy These 5 Low Price-to-Book Value Stocks in June
QFIN vs. PLTR: Which Stock Is the Better Value Option?
Other News for QFIN
What's Driving Upstart Holdings Inc's Surprising 14% Stock Rally?
What's Driving Lufax Holding Ltd's Surprising 46% Stock Rally?
Qifu Technology Announces Results of Annual General Meeting
What's Driving Lufax Holding Ltd's Surprising 16% Stock Rally?
7 Dividend Stock Dynamos to Upgrade Your Income Game