Is McCormick & Company, Incorporated (MKC) Undervalued?
Based on the current stock price of $68.93 and a P/E ratio of 23.93,McCormick & Company, Incorporated has a PEG ratio of 9.50.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 9.50, MKC appears to be potentially overvalued relative to its growth rate of 2.52%.
Based on a PEG ratio of 4.51 (adjusted for dividends).
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How we analyzed MKC
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 23.93and dividing it by the annual growth rate of 2.52%.
PEG = 23.93 (P/E) ÷ 2.52 (Growth) = 9.50
Frequently Asked Questions about MKC
What is the current PEG Ratio for McCormick & Company, Incorporated (MKC)?+
The current PEG Ratio for McCormick & Company, Incorporated is 9.50. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is MKC stock undervalued right now?+
Based on the PEG ratio of 9.50, McCormick & Company, Incorporated 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 MKC?+
The PEGY ratio for McCormick & Company, Incorporated is 4.51. This metric accounts for dividend yield (2.79%), providing a more complete valuation picture.