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+ Follow-29.74
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.
The latest PEG ratio for PRTAX is -29.74. That is below the sector sector average of 9.98. Investors often review this figure alongside T. Rowe Price Tax-Free Income Fd's historical trend and sector peers before judging valuation or financial health.
Against its sector companies, PRTAX currently prints -29.74 for PEG ratio, while the sector average sits near 9.98. That is roughly 397.9% below the sector mean. Large gaps often invite a closer look at T. Rowe Price Tax-Free Income Fd's growth, margins, and balance sheet.
A PEG ratio of -29.74 for T. Rowe Price Tax-Free Income Fd is not 'good' or 'bad' on its own. Compare it with the peer average (9.98) and with PRTAX's multi-year chart on this page. Persistently elevated multiples need growth or quality to justify them; depressed multiples need a catalyst or evidence the business is misunderstood.
After noting PRTAX's PEG ratio (-29.74), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.