Is Eaton Corporation plc (ETN) Undervalued?
Based on the current stock price of $322.17 and a P/E ratio of 32.25,Eaton Corporation plc has a PEG ratio of 2.69.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 2.69, ETN appears to be potentially overvalued relative to its growth rate of 11.98%.
Based on a PEG ratio of 2.43 (adjusted for dividends).
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Use the calculator below to see how ETN stacks up against other stocks in the same industry.
How we analyzed ETN
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 32.25and dividing it by the annual growth rate of 11.98%.
PEG = 32.25 (P/E) ÷ 11.98 (Growth) = 2.69
Frequently Asked Questions about ETN
What is the current PEG Ratio for Eaton Corporation plc (ETN)?+
The current PEG Ratio for Eaton Corporation plc is 2.69. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is ETN stock undervalued right now?+
Based on the PEG ratio of 2.69, Eaton Corporation 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 ETN?+
The PEGY ratio for Eaton Corporation plc is 2.43. This metric accounts for dividend yield (1.29%), providing a more complete valuation picture.