Zynga Inc PEG
What is the PEG of Zynga Inc?
The PEG of Zynga Inc is 1.31
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 Communication Services sector on NASDAQ compared to Zynga Inc
What does Zynga Inc do?
Zynga is a global leader in interactive entertainment with a mission to connect the world through games. To date, more than one billion people have played Zynga's franchises including CSR Racing™, Empires & Puzzles™, Merge Dragons!™, Merge Magic!™, Toon Blast™, Toy Blast™, Words With Friends™ and Zynga Poker™. Zynga's games are available in more than 150 countries and are playable across social platforms and mobile devices worldwide. Founded in 2007, the company is headquartered in San Francisco with locations in the U.S., Canada, the U.K., Ireland, India, Turkey and Finland.
Companies with peg similar to Zynga Inc
- NV5 Global Inc has PEG of 1.31
- Ensign Inc has PEG of 1.31
- TELUS has PEG of 1.31
- Bayer AG has PEG of 1.31
- RTX Corp has PEG of 1.31
- Infineon Technologies AG has PEG of 1.31
- Zynga Inc has PEG of 1.31
- Mastercard has PEG of 1.31
- Royal Caribbean has PEG of 1.31
- Bayer AG has PEG of 1.31
- The Gap has PEG of 1.31
- Swiss Re AG has PEG of 1.31
- Sonova AG has PEG of 1.32