Is ResMed Inc. (RMD) Undervalued?
Based on the current stock price of $244.76 and a P/E ratio of 25.05,ResMed Inc. has a PEG ratio of 1.77.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 1.77, RMD appears to be fairly valued relative to its growth rate of 14.19%.
Based on a PEG ratio of 1.65 (adjusted for dividends).
Compare RMD vs Competitors
Use the calculator below to see how RMD stacks up against other stocks in the same industry.
How we analyzed RMD
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 25.05and dividing it by the annual growth rate of 14.19%.
PEG = 25.05 (P/E) ÷ 14.19 (Growth) = 1.77
Frequently Asked Questions about RMD
What is the current PEG Ratio for ResMed Inc. (RMD)?+
The current PEG Ratio for ResMed Inc. is 1.77. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is RMD stock undervalued right now?+
Based on the PEG ratio of 1.77, ResMed 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 RMD?+
The PEGY ratio for ResMed Inc. is 1.65. This metric accounts for dividend yield (0.98%), providing a more complete valuation picture.