National Beverage PEG
What is the PEG of National Beverage?
The PEG of National Beverage Corp. is 4.25
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 Consumer Staples sector on NASDAQ compared to National Beverage
What does National Beverage do?
National Beverage Corp. is an American beverage developer, manufacturer, and distributor based in Fort Lauderdale, Florida, focused on flavored soft drinks, with its most noted brands being La Croix, Shasta, and Faygo.
Companies with peg similar to National Beverage
- Pembina Pipeline has PEG of 4.22
- Thermo Fisher Scientific has PEG of 4.23
- Simulations Plus has PEG of 4.23
- Volkswagen AG has PEG of 4.23
- Dunkin Brands Inc has PEG of 4.24
- China Merchants Securities Co has PEG of 4.24
- National Beverage has PEG of 4.25
- Proximus SA has PEG of 4.25
- WD-40 Co has PEG of 4.25
- Royal KPN NV has PEG of 4.25
- Kimco Realty has PEG of 4.25
- Motilal Oswal Services has PEG of 4.26
- Qualys Inc has PEG of 4.26