Is AutoZone, Inc. (AZO) Undervalued?
Based on the current stock price of $3448.70 and a P/E ratio of 24.04,AutoZone, Inc. has a PEG ratio of 8.62.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 8.62, AZO appears to be potentially overvalued relative to its growth rate of 2.79%.
Based on a PEG ratio of 8.62 (adjusted for dividends).
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How we analyzed AZO
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 24.04and dividing it by the annual growth rate of 2.79%.
PEG = 24.04 (P/E) ÷ 2.79 (Growth) = 8.62
Frequently Asked Questions about AZO
What is the current PEG Ratio for AutoZone, Inc. (AZO)?+
The current PEG Ratio for AutoZone, Inc. is 8.62. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is AZO stock undervalued right now?+
Based on the PEG ratio of 8.62, AutoZone, Inc. 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 AZO?+
The PEGY ratio for AutoZone, Inc. is 8.62. This metric accounts for dividend yield (0.00%), providing a more complete valuation picture.