Greetings,Care to share the data and formula you have for this?http://quicktake.morningstar.com/stocknet/ForwardValuation.aspx?Country=USA&Symbol=PLA&stocktab=valuation shows a PEG of 12.0 for Playboy.The definition of the PEG from Morningstar:" A stock's price/earnings ratio divided by the company's projected EPS growth. The price/earnings ratio used in the numerator of this ratio is calculated by taking the current share price and dividing by the mean EPS estimate for the current fiscal year. A PEG Ratio means nothing in itself, so for comparison we show the industry and S&P 500 averages."I would note that there are a couple of requirements for computing a PEG I think:1) P/E has to exist and be meaningful, e.g. if E is less than or equal to zero then this isn't meaningful.2) There has to be a positive earnings growth rate or again the denominator becomes an issue.Regards,JB
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra