Is Carrier Global Corporation (CARR) Undervalued?
Based on the current stock price of $53.59 and a P/E ratio of 33.49,Carrier Global Corporation has a PEG ratio of 11.55.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 11.55, CARR appears to be potentially overvalued relative to its growth rate of 2.90%.
Based on a PEG ratio of 7.14 (adjusted for dividends).
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How we analyzed CARR
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 33.49and dividing it by the annual growth rate of 2.90%.
PEG = 33.49 (P/E) ÷ 2.90 (Growth) = 11.55
Frequently Asked Questions about CARR
What is the current PEG Ratio for Carrier Global Corporation (CARR)?+
The current PEG Ratio for Carrier Global Corporation is 11.55. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is CARR stock undervalued right now?+
Based on the PEG ratio of 11.55, Carrier Global 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 CARR?+
The PEGY ratio for Carrier Global Corporation is 7.14. This metric accounts for dividend yield (1.79%), providing a more complete valuation picture.