Spirit Aerosystems Inc PEG
What is the PEG of Spirit Aerosystems Inc?
The PEG of Spirit Aerosystems Holdings Inc is N/A
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 Industrials sector on NYSE compared to Spirit Aerosystems Inc
What does Spirit Aerosystems Inc do?
spirit aerosystems, with headquarters in wichita, kan., usa, is one of the world's largest non-oem designers and manufacturers of aerostructures for commercial aircraft. in addition to its wichita facilities, spirit has locations in tulsa and mcalester, okla.; kinston, n.c.; prestwick, scotland; preston, england; subang, malaysia; and saint-nazaire, france. in the u.s., spirit's core products include fuselages, pylons, nacelles and wing components. additionally, spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in north america, europe and asia. spirit europe produces wing components for a host of customers, including airbus.
Companies with peg similar to Spirit Aerosystems Inc
- Rapid7 Inc has PEG of N/A
- SLM Solutions AG has PEG of N/A
- Cromwell Property Stapled Securities has PEG of N/A
- Hathway Cable and Datacom has PEG of N/A
- aap Implantate AG has PEG of N/A
- Diebold Nixdorf Inc has PEG of N/A
- Spirit Aerosystems Inc has PEG of N/A
- Balkrishna Industries has PEG of N/A
- Werner Enterprises has PEG of N/A
- JBG SMITH Properties has PEG of N/A
- The Supreme Industries has PEG of N/A
- ADTRAN Inc has PEG of N/A
- 3D Systems has PEG of N/A