VALE (VALE)
(Delayed Data from NYSE)
$10.77 USD
-0.15 (-1.37%)
Updated Jul 23, 2024 04:00 PM ET
After-Market: $10.78 +0.01 (0.09%) 7:30 PM ET
4-Sell of 5 4
A Value B Growth A 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.
VALE 10.77 -0.15(-1.37%)
Will VALE be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for VALE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for VALE
VALE S.A. (VALE) Stock Moves -0.09%: What You Should Know
VALE S.A. (VALE) is Attracting Investor Attention: Here is What You Should Know
VALE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Here's What You Should Know Ahead of VALE's Q2 Earnings
BHP Reports Record Iron Ore Production in FY24, Copper Up 9%
VALE's Q2 Iron Ore Output Up 2% Y/Y, Copper and Nickel Lags
Other News for VALE
Vale Invests $149M In Canadian Nickel-Copper Mine, Projects 1.5 Million Tons Output By 2025
Vale S.A. Welcomes Shaun Usmar as New CEO
Vale continues to trade in red for the fifth straight day
Copper drops to new three-month low on weak demand, surging stockpiles
Vale Production Report 2Q24: Positive Signs Despite Challenges