Resources Connection Stock Price To Earnings To Growth

RGP Stock  USD 8.49  0.08  0.95%   
Resources Connection fundamentals help investors to digest information that contributes to Resources Connection's financial success or failures. It also enables traders to predict the movement of Resources Stock. The fundamental analysis module provides a way to measure Resources Connection's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Resources Connection stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Resources Connection Company Price To Earnings To Growth Analysis

Resources Connection's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Current Resources Connection Price To Earnings To Growth

    
  1.12 X  
Most of Resources Connection's fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Resources Connection is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Resources Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for Resources Connection is extremely important. It helps to project a fair market value of Resources Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Resources Connection's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Resources Connection's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Resources Connection's interrelated accounts and indicators.
0.540.650.2-0.360.040.770.83-0.170.28-0.48-0.210.85-0.42-0.2-0.21-0.17-0.19-0.150.03-0.060.52-0.340.430.57-0.54
0.54-0.29-0.47-0.370.130.050.77-0.61-0.48-0.580.270.120.310.24-0.260.380.350.380.20.38-0.120.470.390.4-0.2
0.65-0.290.64-0.1-0.070.830.260.350.76-0.03-0.480.86-0.76-0.45-0.03-0.54-0.53-0.52-0.18-0.410.7-0.810.140.31-0.45
0.2-0.470.640.34-0.390.52-0.190.270.420.31-0.480.48-0.39-0.450.33-0.27-0.26-0.20.19-0.130.38-0.53-0.06-0.03-0.01
-0.36-0.37-0.10.34-0.09-0.32-0.650.41-0.020.910.09-0.20.280.090.920.070.090.080.6-0.05-0.380.09-0.47-0.540.7
0.040.13-0.07-0.39-0.09-0.240.11-0.25-0.04-0.020.12-0.17-0.290.090.060.290.280.370.190.4-0.20.24-0.03-0.140.23
0.770.050.830.52-0.32-0.240.510.190.57-0.37-0.460.86-0.6-0.43-0.2-0.53-0.53-0.53-0.16-0.410.75-0.740.280.46-0.64
0.830.770.26-0.19-0.650.110.51-0.45-0.04-0.74-0.050.48-0.11-0.06-0.440.050.030.08-0.020.160.20.00.470.6-0.56
-0.17-0.610.350.270.41-0.250.19-0.450.480.45-0.130.14-0.09-0.080.38-0.83-0.81-0.83-0.17-0.740.27-0.57-0.45-0.340.13
0.28-0.480.760.42-0.02-0.040.57-0.040.480.09-0.570.58-0.75-0.55-0.04-0.62-0.6-0.6-0.34-0.470.68-0.93-0.3-0.03-0.38
-0.48-0.58-0.030.310.91-0.02-0.37-0.740.450.090.05-0.220.150.050.810.030.050.050.36-0.06-0.350.01-0.38-0.440.59
-0.210.27-0.48-0.480.090.12-0.46-0.05-0.13-0.570.05-0.340.631.00.120.340.330.250.20.07-0.550.630.13-0.040.31
0.850.120.860.48-0.2-0.170.860.480.140.58-0.22-0.34-0.63-0.32-0.16-0.43-0.44-0.44-0.21-0.340.78-0.670.380.56-0.61
-0.420.31-0.76-0.390.28-0.29-0.6-0.11-0.09-0.750.150.63-0.630.620.260.370.360.310.340.14-0.750.72-0.16-0.270.49
-0.20.24-0.45-0.450.090.09-0.43-0.06-0.08-0.550.051.0-0.320.620.120.290.280.190.160.0-0.510.60.12-0.030.29
-0.21-0.26-0.030.330.920.06-0.2-0.440.38-0.040.810.12-0.160.260.120.050.060.10.740.01-0.450.12-0.41-0.470.64
-0.170.38-0.54-0.270.070.29-0.530.05-0.83-0.620.030.34-0.430.370.290.051.00.940.460.67-0.640.750.17-0.020.34
-0.190.35-0.53-0.260.090.28-0.530.03-0.81-0.60.050.33-0.440.360.280.061.00.930.450.65-0.640.740.15-0.050.36
-0.150.38-0.52-0.20.080.37-0.530.08-0.83-0.60.050.25-0.440.310.190.10.940.930.540.88-0.650.750.15-0.050.36
0.030.2-0.180.190.60.19-0.16-0.02-0.17-0.340.360.2-0.210.340.160.740.460.450.540.43-0.590.42-0.24-0.390.64
-0.060.38-0.41-0.13-0.050.4-0.410.16-0.74-0.47-0.060.07-0.340.140.00.010.670.650.880.43-0.450.610.190.030.21
0.52-0.120.70.38-0.38-0.20.750.20.270.68-0.35-0.550.78-0.75-0.51-0.45-0.64-0.64-0.65-0.59-0.45-0.810.190.37-0.65
-0.340.47-0.81-0.530.090.24-0.740.0-0.57-0.930.010.63-0.670.720.60.120.750.740.750.420.61-0.810.18-0.070.46
0.430.390.14-0.06-0.47-0.030.280.47-0.45-0.3-0.380.130.38-0.160.12-0.410.170.150.15-0.240.190.190.180.93-0.58
0.570.40.31-0.03-0.54-0.140.460.6-0.34-0.03-0.44-0.040.56-0.27-0.03-0.47-0.02-0.05-0.05-0.390.030.37-0.070.93-0.81
-0.54-0.2-0.45-0.010.70.23-0.64-0.560.13-0.380.590.31-0.610.490.290.640.340.360.360.640.21-0.650.46-0.58-0.81
Click cells to compare fundamentals
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Competition

Resources Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

12.23

At this time, Resources Connection's Price Earnings To Growth Ratio is relatively stable compared to the past year.
Based on the latest financial disclosure, Resources Connection has a Price To Earnings To Growth of 1.1213 times. This is 15.69% lower than that of the Professional Services sector and significantly higher than that of the Industrials industry. The price to earnings to growth for all United States stocks is 77.07% higher than that of the company.

Resources Price To Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Resources Connection's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Resources Connection could also be used in its relative valuation, which is a method of valuing Resources Connection by comparing valuation metrics of similar companies.
Resources Connection is currently under evaluation in price to earnings to growth category among its peers.

Resources Connection ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Resources Connection's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Resources Connection's managers, analysts, and investors.
Environmental
Governance
Social

Resources Fundamentals

About Resources Connection Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Resources Connection's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Resources Connection using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Resources Connection based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Resources Connection

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Resources Connection position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Resources Connection will appreciate offsetting losses from the drop in the long position's value.

Moving against Resources Stock

  0.82NL NL IndustriesPairCorr
  0.55BR Broadridge FinancialPairCorr
  0.52SQ Block IncPairCorr
  0.49KC Kingsoft Cloud Holdings TrendingPairCorr
  0.49WM Waste ManagementPairCorr
The ability to find closely correlated positions to Resources Connection could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Resources Connection when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Resources Connection - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Resources Connection to buy it.
The correlation of Resources Connection is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Resources Connection moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Resources Connection moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Resources Connection can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Resources Stock Analysis

When running Resources Connection's price analysis, check to measure Resources Connection's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Resources Connection is operating at the current time. Most of Resources Connection's value examination focuses on studying past and present price action to predict the probability of Resources Connection's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resources Connection's price. Additionally, you may evaluate how the addition of Resources Connection to your portfolios can decrease your overall portfolio volatility.