Invesco High Income 2023 Target Term Fund (IHIT) has a PEG ratio of -10.59, below the sector sector average of -3.76.
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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, IHIT shows a PEG ratio of -10.59. That is below the sector sector average of -3.76. Scroll down for historical charts and peer comparison views.
The its sector sector average PEG ratio is about -3.76. Invesco High Income 2023 Target Term Fund is at -10.59, which is lower that average. That is roughly 182.0% below the sector mean. Use the comparison chart on this page to see how IHIT stacks up against individual peers as well.
Investors watch IHIT's PEG ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Invesco High Income 2023 Target Term Fund's latest reading is -10.59. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this peg ratio page, Stockcircle has Invesco High Income 2023 Target Term Fund'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 -10.59) with ownership activity and broader fundamentals.