Is Plug Power Inc. (PLUG) Undervalued?
Based on the current stock price of $2.07 and a P/E ratio of -6.63,Plug Power Inc. has a PEG ratio of -0.12.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of -0.12, PLUG appears to be fairly valued relative to its growth rate of 53.57%.
Based on a PEG ratio of -0.12 (adjusted for dividends).
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How we analyzed PLUG
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of -6.63and dividing it by the annual growth rate of 53.57%.
PEG = -6.63 (P/E) ÷ 53.57 (Growth) = -0.12
Frequently Asked Questions about PLUG
What is the current PEG Ratio for Plug Power Inc. (PLUG)?+
The current PEG Ratio for Plug Power Inc. is -0.12. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is PLUG stock undervalued right now?+
Based on the PEG ratio of -0.12, Plug Power 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 PLUG?+
The PEGY ratio for Plug Power Inc. is -0.12. This metric accounts for dividend yield (0.00%), providing a more complete valuation picture.