Latest PEG ratio for Zhejiang Red Dragonfly Footwear , Ltd.: 36.23 — see history and peer comparisons.
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+ Follow36.23
The PEG ratio measures a stock's valuation relative to its earnings growth rate. A PEG ratio below 1.0 may indicate that the stock is undervalued relative to its growth potential.
As of the most recent data, 603116.SS shows a PEG ratio of 36.23. That is above the sector sector average of 10.01. Scroll down for historical charts and peer comparison views.
The its sector sector average PEG ratio is about 10.01. Zhejiang Red Dragonfly Footwear , Ltd. is at 36.23, which is higher that average. That is roughly 261.9% above the sector mean. Use the comparison chart on this page to see how 603116.SS stacks up against individual peers as well.
Investors watch 603116.SS's PEG ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Zhejiang Red Dragonfly Footwear , Ltd.'s latest reading is 36.23. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this peg ratio page, Stockcircle has Zhejiang Red Dragonfly Footwear , Ltd.'s full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect PEG ratio (currently 36.23) with ownership activity and broader fundamentals.