3P Learning PEG
What is the PEG of 3P Learning?
The PEG of 3P Learning Limited is 1.59
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 Discretionary sector on ASX compared to 3P Learning
What does 3P Learning do?
3P Learning Limited, together with its subsidiaries, engages in the development, marketing, and sale of educational software and e-books to schools and parents of school-aged students. It provides online education, and adaptive and collaborative learning, including mathematics and literacy products. The company offers Mathseeds, Mathletics, Reading Eggs, and Spellodrome, as well as ReadiWriter, STEMscopes, Gooseberry Planet, and WordFlyers products. It serves approximately 6 million students in approximately 17,000 schools worldwide. The company was incorporated in 2003 and is based in North Sydney, Australia.
Companies with peg similar to 3P Learning
- Strategic Education Inc has PEG of 1.58
- Sirius XM Inc has PEG of 1.59
- Palo Alto Networks Inc has PEG of 1.59
- Ashtead Plc has PEG of 1.59
- PUMA SE has PEG of 1.59
- Transunion Dl ,01 has PEG of 1.59
- 3P Learning has PEG of 1.59
- Pernod Ricard SA has PEG of 1.59
- Carpenter Technology has PEG of 1.59
- Expeditors International of Washington has PEG of 1.59
- Pernod Ricard SA has PEG of 1.59
- Solaredge Technologies Inc has PEG of 1.59
- Vizio has PEG of 1.59