Societe Generale Group (SCGLY)
(Delayed Data from OTC)
$4.97 USD
-0.10 (-1.97%)
Updated Jul 9, 2024 03:59 PM ET
3-Hold of 5 3
A Value F Growth F Momentum D 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.
SCGLY 4.97 -0.10(-1.97%)
Will SCGLY be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for SCGLY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for SCGLY
SocGen (SCGLY) Faces Difficulty in Offloading Securities Unit
HSBC Completes Transfer of Russia Unit Ownership to Expobank
SCGLY: What are Zacks experts saying now?
Zacks Private Portfolio Services
UBS Group's (UBS) JV to Buy CS' Japanese Wealth Management Unit
AllianceBernstein (AB) and Societe Generale (SCGLY) Form a JV
Barclays (BCS) to Sell US Credit Card Accounts to Blackstone
Other News for SCGLY
Societe Generale price target lowered by EUR 2 at Deutsche Bank
RBC Capital Sticks to Its Hold Rating for Societe Generale (0J6Y)
SoftBank-Backed Fintech Giant Revolut Eyes Valuation Of Over $40B In Employee Share Sale: Report
Sustainable Value Creation Still Beyond Société Générale's Grasp
PRESS: London overtakes Paris as Europe’s biggest stock market