Is IDEX Corporation (IEX) Undervalued?
Based on the current stock price of $180.32 and a P/E ratio of 28.58,IDEX Corporation has a PEG ratio of 714.42.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 714.42, IEX appears to be potentially overvalued relative to its growth rate of 0.04%.
Based on a PEG ratio of 17.75 (adjusted for dividends).
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How we analyzed IEX
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 28.58and dividing it by the annual growth rate of 0.04%.
PEG = 28.58 (P/E) ÷ 0.04 (Growth) = 714.42
Frequently Asked Questions about IEX
What is the current PEG Ratio for IDEX Corporation (IEX)?+
The current PEG Ratio for IDEX Corporation is 714.42. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is IEX stock undervalued right now?+
Based on the PEG ratio of 714.42, IDEX 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 IEX?+
The PEGY ratio for IDEX Corporation is 17.75. This metric accounts for dividend yield (1.57%), providing a more complete valuation picture.