Sleep Country Canada PEG
What is the PEG of Sleep Country Canada?
The PEG of Sleep Country Canada Holdings, Inc. is 0.33
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 Consumer Discretionary sector on TSX compared to Sleep Country Canada
What does Sleep Country Canada do?
Sleep Country Canada Holdings Inc. engages in retailing mattress and bedding-related products in Canada. The company offers a range of mattresses, adjustable lifestyle bases, pillows, duvets, duvet covers, mattress toppers and protectors, pet beds, weighted blankets, throws, sheets, headboards, footboards, frames, mattress and pillowcases, platforms, metal frames, blankets, mattress pads, and other sleep accessories. The company operates under the Dormez-vous, Sleep Country Canada, and Endy retail banners. As of May 20, 2022, it operated 287 stores. It also sells its products through an e-commerce platform. Sleep Country Canada Holdings Inc. was founded in 1994 and is headquartered in Brampton, Canada.
Companies with peg similar to Sleep Country Canada
- Amerigo Resources has PEG of 0.32
- Take-Two Interactive Software has PEG of 0.32
- Central China Real Estate has PEG of 0.32
- Exelixis Inc has PEG of 0.32
- Icon Plc has PEG of 0.33
- Duiba has PEG of 0.33
- Sleep Country Canada has PEG of 0.33
- Take-Two Interactive Software has PEG of 0.33
- Southwest Airlines Co has PEG of 0.34
- Enerpac Tool Corp has PEG of 0.34
- Postal Savings Bank of China Co has PEG of 0.34
- Smiths Plc has PEG of 0.34
- Kier Plc has PEG of 0.34