Price/Earnings Ratio
| label |
value |
| 2021 Actual |
69.95 |
| 2022 Estimates |
58.86 |
| 2023 Estimates |
49 |
| 2024 Estimates |
41.75 |
Forecast P/E Growth Rates
| label |
value |
| Growth 2022 |
18.8 |
| Growth 2023 |
20.16 |
| P/E Ratios 2022 |
58.86 |
| P/E Ratios 2023 |
49 |
PEG Ratio
| label |
value |
| Forecast 12 Month Forward PEG Ratio |
2.26 |
Investors are always looking for companies with good growth prospects selling at attractive prices. One popular statistic used to identify such stocks is the PEG ratio - which is simply the Price Earnings ratio divided by the growth rate. In this case we use the forecasted growth rate (based on the consensus of professional analysts) and forecasted earnings over the next 12 months. In theory, the lower the PEG ratio the better - implying that you are paying less for future earnings growth. The PEG ratio for this company is based on expected earnings for twelve months ending February 2023
