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P/E ratio divided by growth. Investors want a LOW PEG (under 1.0) because it means buying fast growth at a bargain price
High PEG (Bad): Gym membership costs $50/month but has only 2machines.Low PEG (Good): Gym costs $50/month but is rapidly adding 50 new machines.🟥
P/E ratio divided by growth. Investors want a LOW PEG (under 1.0) because it means buying fast growth at a bargain price
High PEG (Bad): Gym membership costs $50/month but has only 2
machines.
Low PEG (Good): Gym costs $50/month but is rapidly adding 50 new machines.🟥