Astoria Financial (AF) has a PEG ratio of -1572.93, below the sector sector average of -7.59.
Get informed when a big investor buys or sells
+ Follow-1572.93
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.
Astoria Financial posts a PEG ratio of -1572.93. That is below the sector sector average of -7.59. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For its sector stocks, a PEG ratio near -7.59 is typical. Astoria Financial's -1572.93 is lower that level. That is roughly 20622.9% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Astoria Financial's PEG ratio of -1572.93 comes from dividing a price-based measure by a related financial statistic. Changes can come from the stock price moving, the underlying fundamental shifting, or both. Track both the level and the trend — a rising multiple on falling fundamentals is a different story than a rising multiple on rising earnings.
Context for AF's PEG ratio usually means three checks: (1) trend versus prior periods, (2) level versus peers (average -7.59), and (3) consistency with growth and profitability. This page covers the first two; Astoria Financial's other metric pages and overview cover the third.