Is Allegion plc (ALLE) Undervalued?
Based on the current stock price of $160.79 and a P/E ratio of 21.73,Allegion plc has a PEG ratio of 2.52.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 2.52, ALLE appears to be potentially overvalued relative to its growth rate of 8.63%.
Based on a PEG ratio of 2.19 (adjusted for dividends).
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How we analyzed ALLE
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 21.73and dividing it by the annual growth rate of 8.63%.
PEG = 21.73 (P/E) ÷ 8.63 (Growth) = 2.52
Frequently Asked Questions about ALLE
What is the current PEG Ratio for Allegion plc (ALLE)?+
The current PEG Ratio for Allegion plc is 2.52. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is ALLE stock undervalued right now?+
Based on the PEG ratio of 2.52, Allegion plc 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 ALLE?+
The PEGY ratio for Allegion plc is 2.19. This metric accounts for dividend yield (1.27%), providing a more complete valuation picture.