BackRed Avenue New Materials Group , Ltd. Overview
Red Avenue New Materials Group Co., Ltd.

Red Avenue New Materials Group , Ltd. PEG Ratio

Latest PEG ratio for Red Avenue New Materials Group , Ltd.: 692.37 — see history and peer comparisons.

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PEG Ratio

692.37

PEG Ratio

692.37

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.

PEG Ratio (Comparison Companies)

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PEG Ratio History

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PEG Ratio Comparison

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Red Avenue New Materials Group , Ltd. (603650.SS) FAQ

As of the most recent data, 603650.SS shows a PEG ratio of 692.37. 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. Red Avenue New Materials Group , Ltd. is at 692.37, which is higher that average. That is roughly 6815.7% above the sector mean. Use the comparison chart on this page to see how 603650.SS stacks up against individual peers as well.

Investors watch 603650.SS's PEG ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Red Avenue New Materials Group , Ltd.'s latest reading is 692.37. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.

Besides this peg ratio page, Stockcircle has Red Avenue New Materials Group , 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 692.37) with ownership activity and broader fundamentals.