PEG Ratio

    Price/Earnings-to-Growth Ratio

    Valuation Ratios

    The P/E ratio divided by expected earnings growth rate. Adjusts valuation for growth expectations.

    Formula

    PEG = P/E Ratio / Annual EPS Growth Rate

    Why it matters

    PEG < 1 may indicate undervaluation relative to growth. A high P/E stock with high growth may still be attractively priced.

    Indian example

    Related terms

    Learn the concept

    Market Ratios