Premier Oil Plc PEG
What is the PEG of Premier Oil Plc?
The PEG of Premier Oil Plc is N/A
What is the definition of PEG?
Price/earnings to growth (PEG) ratio is a stock’s P/E ratio divided by a predicted growth rate of its earnings for a time period of 5 years.
= forward PE / 5-year EPS growth rate
The PEG ratio is calculated by dividing the P/E ratio by the company's expected earnings growth rate in the next 5 years. Since using just the P/E ratio would make high-growth companies appear overvalued relative to others, the PEG ratio is considered to be a convenient approximation. PEG is a widely employed indicator of a stock's possible true value.
Similar to P/E ratios, a lower PEG means that the stock is undervalued more. It is favored by many over the price/earnings ratio because it also accounts for growth. The PEG ratio of 1 is sometimes said to represent a fair trade-off between the values of cost and the values of growth, indicating that a stock is reasonably valued given the expected growth. A crude analysis suggests that companies with PEG values between 0 and 1 may provide higher returns. A PEG Ratio can also be a negative number if a stock's present income figure is negative, (negative earnings) or if future earnings are expected to drop (negative growth). PEG ratios calculated from negative present earnings are viewed with skepticism as almost meaningless, other than as an indication of high investment risk.
PEG of companies in the Energy sector on LSE compared to Premier Oil Plc
What does Premier Oil Plc do?
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe. Premier Oil plc was founded in 1934 and is headquartered in London, the United Kingdom.
Companies with peg similar to Premier Oil Plc
- AA Plc has PEG of N/A
- Atlanta Braves Inc has PEG of N/A
- Irsa Propiedades Comerciales S.A has PEG of N/A
- Sculptor Capital Management has PEG of N/A
- Inter Pipeline has PEG of N/A
- Permianville Royalty Trust has PEG of N/A
- Premier Oil Plc has PEG of N/A
- Emcore has PEG of N/A
- bpost SA has PEG of N/A
- Stolt-Nielsen has PEG of N/A
- Anworth Mortgage Asset has PEG of N/A
- Norbord has PEG of N/A
- PolyMet Mining has PEG of N/A