Is GitLab Inc. (GTLB) Undervalued?
Based on the current stock price of $37.84 and a P/E ratio of 36.48,GitLab Inc. has a PEG ratio of 1.73.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 1.73, GTLB appears to be fairly valued relative to its growth rate of 21.03%.
Based on a PEG ratio of 1.73 (adjusted for dividends).
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How we analyzed GTLB
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 36.48and dividing it by the annual growth rate of 21.03%.
PEG = 36.48 (P/E) ÷ 21.03 (Growth) = 1.73
Frequently Asked Questions about GTLB
What is the current PEG Ratio for GitLab Inc. (GTLB)?+
The current PEG Ratio for GitLab Inc. is 1.73. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is GTLB stock undervalued right now?+
Based on the PEG ratio of 1.73, GitLab Inc. appears to be fairly valued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for GTLB?+
The PEGY ratio for GitLab Inc. is 1.73. This metric accounts for dividend yield (0.00%), providing a more complete valuation picture.