Is Rigetti Computing, Inc. (RGTI) Undervalued?
Based on the current stock price of $22.38 and a P/E ratio of -159.86,Rigetti Computing, Inc. has a PEG ratio of -3.13.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of -3.13, RGTI appears to be fairly valued relative to its growth rate of 51.07%.
Based on a PEG ratio of -3.13 (adjusted for dividends).
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How we analyzed RGTI
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of -159.86and dividing it by the annual growth rate of 51.07%.
PEG = -159.86 (P/E) ÷ 51.07 (Growth) = -3.13
Frequently Asked Questions about RGTI
What is the current PEG Ratio for Rigetti Computing, Inc. (RGTI)?+
The current PEG Ratio for Rigetti Computing, Inc. is -3.13. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is RGTI stock undervalued right now?+
Based on the PEG ratio of -3.13, Rigetti Computing, 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 RGTI?+
The PEGY ratio for Rigetti Computing, Inc. is -3.13. This metric accounts for dividend yield (0.00%), providing a more complete valuation picture.