Is Martin Marietta Materials, Inc. (MLM) Undervalued?
Based on the current stock price of $645.01 and a P/E ratio of 33.11,Martin Marietta Materials, Inc. has a PEG ratio of 3.63.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 3.63, MLM appears to be potentially overvalued relative to its growth rate of 9.12%.
Based on a PEG ratio of 3.44 (adjusted for dividends).
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How we analyzed MLM
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 33.11and dividing it by the annual growth rate of 9.12%.
PEG = 33.11 (P/E) ÷ 9.12 (Growth) = 3.63
Frequently Asked Questions about MLM
What is the current PEG Ratio for Martin Marietta Materials, Inc. (MLM)?+
The current PEG Ratio for Martin Marietta Materials, Inc. is 3.63. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is MLM stock undervalued right now?+
Based on the PEG ratio of 3.63, Martin Marietta Materials, 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 MLM?+
The PEGY ratio for Martin Marietta Materials, Inc. is 3.44. This metric accounts for dividend yield (0.51%), providing a more complete valuation picture.