What is a good PEG ratio for tech stocks?

PEG ratios higher than 1 are generally considered unfavorable, suggesting a stock is overvalued. Conversely, ratios lower than 1 are considered better, indicating a stock is undervalued.

What is the PE ratio of Tech Mahindra?

26.3x
PE vs Industry: TECHM is good value based on its PE Ratio (26.3x) compared to the Indian IT industry average (29.4x)….Price To Earnings Ratio.

What is an attractive PEG ratio?

What Is a Good PEG Ratio? As a general rule, a PEG ratio of 1.0 or lower suggests a stock is fairly priced or even undervalued. A PEG ratio above 1.0 suggests a stock is overvalued.

What is a good 5 year PEG ratio?

A ratio between 0.5 and less than 1 is considered good, meaning the stock may be undervalued given its growth profile. A ratio less than 0.5 is considered to be excellent.

What is Apple’s PEG ratio?

2.38
About PEG Ratio (TTM) Currently, Apple has a PEG ratio of 2.38 compared to the Computer – Mini computers industry’s PEG ratio of 0.97. The company’s trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its growth rate over the past 12 months.

What is Apple’s current PE ratio?

Apple’s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was $5.11. Therefore, Apple’s PE Ratio for today is 30.20.

Who is CEO of Tech Mahindra?

C. P. Gurnani (May 24, 2012–)
Tech Mahindra/CEO

CP Gurnani (popularly known as ‘CP’ within his peer group), is the Managing Director and Chief Executive Officer of Tech Mahindra.

What is Amazon’s PEG ratio?

2.19
Currently, Amazon.com has a PEG ratio of 2.19 compared to the Internet – Commerce industry’s PEG ratio of 2.24. The company’s trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its growth rate over the past 12 months.

What is Coke PEG ratio?

2.91
About PEG Ratio (TTM) Currently, CocaCola Company The has a PEG ratio of 2.91 compared to the Beverages – Soft drinks industry’s PEG ratio of 2.52.

Is Apple PE ratio high?

Apple began the year with a trailing P/E ratio just over 13, according to FactSet, below its five-year average of 16.2, before finishing 2019 at 24.7, its highest point since 2010. An increase in a company’s P/E ratio could mean that investors expect earnings growth in the future, so they’re willing to pay more now.

What are the best stocks to buy for beginners in India 2021?

Top 10 – Best Stocks to Buy for Long Term in India 2021

What is the fair value of Tech Mahindra stock?

Below Fair Value: TECHM (₹509.85) is trading below our estimate of fair value (₹581.49) Significantly Below Fair Value: TECHM is trading below fair value, but not by a significant amount. PE vs Industry: TECHM is poor value based on its PE Ratio (10.2x) compared to the IT industry average (8.2x).

What is the debt to equity ratio of Tech Mahindra?

Long Term Liabilities: TECHM’s short term assets (₹223.3B) exceed its long term liabilities (₹32.6B). Debt Level: TECHM’s debt to equity ratio (9.2%) is considered satisfactory. Reducing Debt: TECHM’s debt to equity ratio has increased from 0.3% to 9.2% over the past 5 years.

Who is the chairman of Tech Mahindra Limited?

Tech Mahindra Limited is an Indian multinational provider of information technology (IT), networking technology solutions and Business Process Outsourcing (BPO) to various industry verticals and horizontals. Anand Mahindra is the Chairman of Tech Mahindra, which is headquartered at Pune and has its registered office in Mumbai.

How much money does the Mahindra Group make?

The Mahindra Group has invested over $1 billion and generates an annual revenue of $2.6 billion in the US alone. In the next five years, the Mahindra Groups aims to double its investment, employment and build a stronger brand.