Salem Media Group (SALM)
(Delayed Data from OTC)
$0.24 USD
-0.01 (-4.00%)
Updated Aug 2, 2024 03:55 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental 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.
SALM 0.24 -0.01(-4.00%)
Will SALM be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for SALM based on the 1-3 month trading system that more than doubles the S&P 500.
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Other News for SALM
Salem Radio Network Host Mike Gallagher Soars to #1 in Greenville
Salem Media Group Announces Closing on the Sale of its Contemporary Christian Music Stations in Nashville and Honolulu
Salem News Channel Launches Over the Air in 55 Television Markets
Salem Media partners with HC2 Broadcasting to expand footprint in the U.S.
Salem Media Group ceases distribution of Mules film, book about 2020 election