Delta Apparel PEG
What is the PEG of Delta Apparel?
The PEG of Delta Apparel Inc. is 0.91
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 NYSEMKT compared to Delta Apparel
What does Delta Apparel do?
delta apparel, inc. is an international design, manufacturing, sourcing and marketing company that features a diverse portfolio of high quality branded and private label activewear apparel and headwear. we specialize in selling a variety of casual and athletic tops and bottoms, embellished and unembellished t-shirts, and licensed and branded clothing and headwear for the ever-changing apparel market. we focus on our broad distribution of apparel products to specialty and boutique stores, upscale and traditional department stores, mid-tier retailers, sporting goods stores, screen printers, and private label accounts. in addition, certain products are sold in college bookstores and to the united states military.
Companies with peg similar to Delta Apparel
- DENSO has PEG of 0.90
- New China Life Insurance has PEG of 0.90
- Capgemini SE has PEG of 0.90
- Geo has PEG of 0.90
- Yanzhou Coal Mining has PEG of 0.91
- International Paper has PEG of 0.91
- Delta Apparel has PEG of 0.91
- Banco Bradesco S.A has PEG of 0.91
- Macy's has PEG of 0.91
- Sun Hung Kai Properties has PEG of 0.91
- Silicom Ltd has PEG of 0.91
- Nektar Therapeutics has PEG of 0.91
- Ares Commercial Real Estate Corp has PEG of 0.91