VersaBank (VBNK)
(Real Time Quote from BATS)
$11.30 USD
-0.65 (-5.44%)
Updated Jul 22, 2024 01:32 PM ET
5-Strong Sell of 5 5
C Value B Growth A 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.
VBNK 11.30 -0.65(-5.44%)
Will VBNK be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for VBNK based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for VBNK
VersaBank (VBNK) Gets Fed Nod for Stearns Bank Holdingford Deal
VersaBank (VBNK) Meets Q2 Earnings Estimates
VBNK: What are Zacks experts saying now?
Zacks Private Portfolio Services
Canadian Imperial Bank (CM) Beats Q2 Earnings and Revenue Estimates
Hamilton Lane (HLNE) Q4 Earnings and Revenues Beat Estimates
VersaBank (VBNK) Surpasses Q1 Earnings Estimates
Other News for VBNK
VERSABANK APPOINTS SENIOR EXECUTIVES TO U.S. SUBSIDIARY AHEAD OF U.S. BANK ACQUISITION
VersaBank management to meet with Roth MKM
VERSABANK RECEIVES CANADIAN REGULATORY APPROVAL FOR U.S. BANK ACQUISITON: TRANSACTION TARGETED TO CLOSE AUGUST 30, 2024
VersaBank Expands U.S. Presence with Acquisition
VersaBank receives Canadian regulatory approval for acquisition of Stearns Bank