Is Labcorp Holdings Inc. (LH) Undervalued?
Based on the current stock price of $253.89 and a P/E ratio of 24.94,Labcorp Holdings Inc. has a PEG ratio of 2.06.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 2.06, LH appears to be potentially overvalued relative to its growth rate of 12.10%.
Based on a PEG ratio of 1.89 (adjusted for dividends).
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How we analyzed LH
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 24.94and dividing it by the annual growth rate of 12.10%.
PEG = 24.94 (P/E) ÷ 12.10 (Growth) = 2.06
Frequently Asked Questions about LH
What is the current PEG Ratio for Labcorp Holdings Inc. (LH)?+
The current PEG Ratio for Labcorp Holdings Inc. is 2.06. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is LH stock undervalued right now?+
Based on the PEG ratio of 2.06, Labcorp Holdings Inc. 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 LH?+
The PEGY ratio for Labcorp Holdings Inc. is 1.89. This metric accounts for dividend yield (1.13%), providing a more complete valuation picture.