Patterson Uti Energy Inc Bond Price To Earnings To Growth
| 703481AB7 | 95.53 0.28 0.29% |
PATTERSON UTI ENERGY INC fundamentals help investors to digest information that contributes to PATTERSON's financial success or failures. It also enables traders to predict the movement of PATTERSON Bond. The fundamental analysis module provides a way to measure PATTERSON'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 PATTERSON bond.
PATTERSON |
PATTERSON UTI ENERGY INC Corporate Bond Price To Earnings To Growth Analysis
PATTERSON'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.
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.
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Based on the latest financial disclosure, PATTERSON UTI ENERGY INC has a Price To Earnings To Growth of 0.0 times. This indicator is about the same for the Oil And Gas average (which is currently at 0.0) sector and about the same as Industrial (which currently averages 0.0) industry. This indicator is about the same for all United States bonds average (which is currently at 0.0).
PATTERSON 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 PATTERSON's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the bonds which would be a good addition to a portfolio. Peer analysis of PATTERSON could also be used in its relative valuation, which is a method of valuing PATTERSON by comparing valuation metrics of similar companies.PATTERSON UTI cannot be rated in Price To Earnings To Growth category at this point.
About PATTERSON Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PATTERSON UTI ENERGY INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PATTERSON using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PATTERSON UTI ENERGY INC based on its fundamental data. In general, a quantitative approach, as applied to this corporate bond, 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in PATTERSON Bond
PATTERSON financial ratios help investors to determine whether PATTERSON Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PATTERSON with respect to the benefits of owning PATTERSON security.