Introduction:
The PEG (Price/Earnings to Growth) ratio compares a company’s P/E (Price to Earnings) ratio to its earnings growth rate, providing a more comprehensive metric for evaluating stock value. The PEG ratio combines value and growth metrics, enabling investors to make informed decisions.
A lower PEG ratio suggests that a stock is undervalued relative to its future growth potential and this ratio is especially crucial for growth investors, as it helps them identify stocks with strong earnings growth prospects that are reasonably priced.
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RattanIndia Enterprises Limited
As of November 19, 2024, RattanIndia Enterprises Limited (NSE: RTNINDIA) saw its share price fluctuate between ₹66 and ₹60, closing at ₹63. The company’s market cap stands at ₹8,806 crore. Despite the price movement, the stock recorded a gain of 5.49%, reflecting consistent investor interest.
The stock has a Price/Earnings-to-Growth (PEG) ratio of 0.86 which is lower than 1.0, indicating potential value for growth investors. Key financial metrics also show a Price-to-earnings (P/E) ratio of 12.29% and Return on Capital Employed (ROCE) of 2.89%
RattanIndia Enterprises Ltd is a leading business conglomerate engaged in diverse sectors, including electric mobility, e-commerce, and renewable energy. The company focuses on building innovative and sustainable solutions across industries, catering to modern consumer and environmental needs.
Jaiprakash Power Ventures Limited
As of November 19, 2024, Jaiprakash Power Ventures Limited (NSE: JPPOWER) saw its share price fluctuate between ₹17 and ₹16, closing at ₹17, with an increase of 0.66% recorded for the day. The company’s market cap stands at 11,452 crore.
The stock has a Price/Earnings-to-Growth (PEG) ratio of 0.18 which is lower than 1.0, indicating potential value for investors. Key financial metrics also show a Price-to-earnings (P/E) ratio of 6.99% and Return on Capital Employed (ROCE) of 13.97%
Jaiprakash Power Ventures Ltd is a prominent player in India’s energy sector, specializing in thermal and hydroelectric power generation. The company operates state-of-the-art power plants, contributing to the nation’s energy requirements with efficient and reliable solutions.
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Lloyds Engineering Works Limited
As of November 19, 2024, Lloyds Engineering Works Limited (NSE: LLOYDSENGG) saw its share price fluctuate between ₹71 and ₹67, closing at ₹68, marking a gain of 0.23% for the day. The company’s market cap stands at ₹7,927 crore.
The stock has a Price/Earnings-to-Growth (PEG) ratio of 0.86 which is lower than 1.0, indicating potential value for investors. Key financial metrics also show a Price-to-earnings (P/E) ratio of 81.37% and Return on Capital Employed (ROCE) of 28.61%
Lloyds Engineering Works Ltd is a reputed manufacturer and supplier of engineering products, focusing on high-quality steel processing and fabrication solutions. The company provides a range of products, including industrial machinery components and infrastructure materials.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
