Is Trane Technologies plc (TT) Undervalued?
Based on the current stock price of $392.59 and a P/E ratio of 30.04,Trane Technologies plc has a PEG ratio of 1.86.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 1.86, TT appears to be fairly valued relative to its growth rate of 16.18%.
Based on a PEG ratio of 1.75 (adjusted for dividends).
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How we analyzed TT
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 30.04and dividing it by the annual growth rate of 16.18%.
PEG = 30.04 (P/E) ÷ 16.18 (Growth) = 1.86
Frequently Asked Questions about TT
What is the current PEG Ratio for Trane Technologies plc (TT)?+
The current PEG Ratio for Trane Technologies plc is 1.86. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is TT stock undervalued right now?+
Based on the PEG ratio of 1.86, Trane Technologies plc 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 TT?+
The PEGY ratio for Trane Technologies plc is 1.75. This metric accounts for dividend yield (0.96%), providing a more complete valuation picture.