12/13/2023 0 Comments Zoom video stock![]() The S&P 500’s overall PEG is currently about 1.0 Zoom Video’s PEG is 5.39, suggesting Zoom Video is still extremely overvalued after accounting for its growth. The price-to-earnings-to-growth ratio (PEG) is a good way to incorporate growth rates into the evaluation process. The growth rate is also critical for companies that are rapidly building their bottom lines. Yet when it comes to evaluating a stock, earnings aren't everything. Zoom Video’s forward PE ratio is also more than double the average multiple of its communication services sector peers, which are averaging a 21.3 forward earnings multiple. ![]() Orward earnings multiple of 50.8 is still more than double the S&P 500’s, making Zoom Video look overvalued.
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