Cromwell Property Stapled Securities PEG
What is the PEG of Cromwell Property Stapled Securities?
The PEG of Cromwell Property Group Stapled Securities is N/A
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 Real Estate sector on ASX compared to Cromwell Property Stapled Securities
What does Cromwell Property Stapled Securities do?
Cromwell Property Group (ASX:CMW) is a diversified real estate investor and manager with operations on three continents and a global investor base. As at 30 June 2020, Cromwell had a market capitalisation of $2.4 billion, a direct property investment portfolio valued at $3.0 billion and total assets under management of $11.5 billion across Australia, New Zealand and Europe.
Companies with peg similar to Cromwell Property Stapled Securities
- AgJunction has PEG of N/A
- Ballard Power Systems has PEG of N/A
- Sunpower Corp has PEG of N/A
- Rapid7 Inc has PEG of N/A
- SLM Solutions AG has PEG of N/A
- Cromwell Property Stapled Securities has PEG of N/A
- Hathway Cable and Datacom has PEG of N/A
- aap Implantate AG has PEG of N/A
- Diebold Nixdorf Inc has PEG of N/A
- Spirit Aerosystems Inc has PEG of N/A
- Balkrishna Industries has PEG of N/A
- Werner Enterprises has PEG of N/A