Shore Bancshares (SHBI)
(Delayed Data from NSDQ)
$11.33 USD
-0.13 (-1.13%)
Updated Jul 3, 2024 01:00 PM ET
After-Market: $11.31 -0.02 (-0.18%) 7:58 PM ET
3-Hold of 5 3
B Value C Growth C Momentum B 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.
SHBI 11.33 -0.13(-1.13%)
Will SHBI be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for SHBI based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for SHBI
Shore Bancshares (SHBI) Tops Q1 Earnings Estimates
Evans Bancorp (EVBN) Lags Q1 Earnings and Revenue Estimates
SHBI: What are Zacks experts saying now?
Zacks Private Portfolio Services
Univest (UVSP) Tops Q1 Earnings and Revenue Estimates
Shore Bancshares (SHBI) Soars 7.3%: Is Further Upside Left in the Stock?
Shore Bancshares (SHBI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Other News for SHBI
Bullish Two Hundred Day Moving Average Cross - SHBI
Esquire Financial Holdings: A Stellar Prospect For Value Investors Seeking Growth
Top Buys by Directors: Willey's $202.1K Bet on SHBI
Shore Bancshares Breaks Above 200-Day Moving Average - Bullish for SHBI
Shore Bancshares files for $175M mixed shelf