Don’t be deceived just by the PE ratio! The PEG ratio is an important tool for investors looking for a comprehensive analysis of companies.
The PE ratio compares a company’s stock price to its earnings per share and reveals the valuation based on current earnings. The PEG ratio takes a step further by taking into account the expected earnings growth rate, offering a more complete assessment of valuation relative to growth prospects.
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Posted On: 18 May 2023 6:01 PM
