Tamboran Resources Corporation (TBN)
(Delayed Data from NYSE)
$20.00 USD
+0.30 (1.52%)
Updated Oct 4, 2024 03:59 PM ET
After-Market: $19.74 -0.26 (-1.30%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth A Momentum C 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.
TBN 20.00 +0.30(1.52%)
Will TBN be a Portfolio Killer in October?
Zacks Investment Research is releasing its prediction for TBN based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for TBN
Analysts Offer Insights on Energy Companies: Tamboran Resources Corporation (TBN) and Whitecap Resources (OtherSPGYF)
Tamboran Resources Corp (TBN) Reports FY24 Earnings: Secures $82M Funding, Achieves Record Flow ...
Tamboran Schedules Fourth Quarter and FY24 Earnings Release and Webcast
EP 98 Operational Update: Tamboran Commence Shenandoah South Pilot Project drilling program
Tamboran Resources Hits Milestones with IPO and Drilling Plans