Is Lucid Group, Inc. (LCID) Undervalued?
Based on the current stock price of $11.41 and a P/E ratio of -1.77,Lucid Group, Inc. has a PEG ratio of -0.08.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of -0.08, LCID appears to be fairly valued relative to its growth rate of 23.41%.
Based on a PEG ratio of -0.08 (adjusted for dividends).
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How we analyzed LCID
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of -1.77and dividing it by the annual growth rate of 23.41%.
PEG = -1.77 (P/E) ÷ 23.41 (Growth) = -0.08
Frequently Asked Questions about LCID
What is the current PEG Ratio for Lucid Group, Inc. (LCID)?+
The current PEG Ratio for Lucid Group, Inc. is -0.08. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is LCID stock undervalued right now?+
Based on the PEG ratio of -0.08, Lucid Group, 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 LCID?+
The PEGY ratio for Lucid Group, Inc. is -0.08. This metric accounts for dividend yield (0.00%), providing a more complete valuation picture.