Vistra Corp PEG
What is the PEG of Vistra Corp?
The PEG of Vistra Corp is 0.83
What is the definition of PEG?
Price/earnings to growth (PEG) ratio is a stock’s P/E ratio divided by a predicted growth rate of its earnings for a time period of 5 years.
= forward PE / 5-year EPS growth rate
The PEG ratio is calculated by dividing the P/E ratio by the company's expected earnings growth rate in the next 5 years. Since using just the P/E ratio would make high-growth companies appear overvalued relative to others, the PEG ratio is considered to be a convenient approximation. PEG is a widely employed indicator of a stock's possible true value.
Similar to P/E ratios, a lower PEG means that the stock is undervalued more. It is favored by many over the price/earnings ratio because it also accounts for growth. The PEG ratio of 1 is sometimes said to represent a fair trade-off between the values of cost and the values of growth, indicating that a stock is reasonably valued given the expected growth. A crude analysis suggests that companies with PEG values between 0 and 1 may provide higher returns. A PEG Ratio can also be a negative number if a stock's present income figure is negative, (negative earnings) or if future earnings are expected to drop (negative growth). PEG ratios calculated from negative present earnings are viewed with skepticism as almost meaningless, other than as an indication of high investment risk.
PEG of companies in the Utilities sector on NYSE compared to Vistra Corp
What does Vistra Corp do?
vistra energy is an integrated retail and generation company, with a strong balance sheet, positive cash flows and a strategy for growth. with a tradition of operational excellence from predecessor companies that go back more than a century and a vision for the future, vistra energy has unique expertise in customer relationships, commodity pricing, and risk management. the retail company serves 1.7 million residential and business customers in texas, backed by nearly 18,000 mw of a balanced generation portfolio in texas, including 2,300 mw fueled by nuclear power, 8,000 mw fueled by coal and 7,500 mw fueled by natural gas, and is a large purchaser of renewable power including wind and solar-generated electricity.
Companies with peg similar to Vistra Corp
- Owens Corning has PEG of 0.82
- WuXi Biologics (Cayman) has PEG of 0.82
- Oversea-Chinese Banking has PEG of 0.83
- Banco Bradesco S.A has PEG of 0.83
- POSCO Inc has PEG of 0.83
- China Pacific Insurance () Co has PEG of 0.83
- Vistra Corp has PEG of 0.83
- Service Properties Trust has PEG of 0.83
- Western Alliance Bancorp has PEG of 0.83
- Bird Construction has PEG of 0.83
- IndusInd Bank has PEG of 0.83
- CAR has PEG of 0.83
- Oshkosh Corp has PEG of 0.83