Otter Tail PEG
What is the PEG of Otter Tail?
The PEG of Otter Tail Corporation is 1.89
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 Utilities sector on NASDAQ compared to Otter Tail
What does Otter Tail do?
with offices in fergus falls, minnesota, and fargo, north dakota, otter tail corporation is a growing company with over $1.2 billion in revenues and more than 4,000 employees across many industries. our diversified operations include an electric utility, manufacturing, health services, food ingredient processing, plastics, construction and transportation. the otter tail companies collectively serve customers within the united states and in canada.
Companies with peg similar to Otter Tail
- NiSource Inc has PEG of 1.88
- Ball has PEG of 1.89
- Alcon has PEG of 1.89
- Alumina has PEG of 1.89
- SAP SE has PEG of 1.89
- VMware has PEG of 1.89
- Otter Tail has PEG of 1.89
- Martin Marietta Materials has PEG of 1.89
- Shiseido Co has PEG of 1.89
- Air Products and Chemicals has PEG of 1.89
- Old Dominion Freight Line has PEG of 1.89
- Henry Schein has PEG of 1.89
- Atlas Copco AB has PEG of 1.90