Is Albemarle Corporation (ALB) Undervalued?
Based on the current stock price of $150.01 and a P/E ratio of 138.70,Albemarle Corporation has a PEG ratio of 2.23.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 2.23, ALB appears to be potentially overvalued relative to its growth rate of 62.26%.
Based on a PEG ratio of 2.19 (adjusted for dividends).
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How we analyzed ALB
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 138.70and dividing it by the annual growth rate of 62.26%.
PEG = 138.70 (P/E) ÷ 62.26 (Growth) = 2.23
Frequently Asked Questions about ALB
What is the current PEG Ratio for Albemarle Corporation (ALB)?+
The current PEG Ratio for Albemarle Corporation is 2.23. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is ALB stock undervalued right now?+
Based on the PEG ratio of 2.23, Albemarle Corporation appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for ALB?+
The PEGY ratio for Albemarle Corporation is 2.19. This metric accounts for dividend yield (1.08%), providing a more complete valuation picture.