Magic Software Enterprises (MGIC)
(Delayed Data from NSDQ)
$20.60 USD
-0.11 (-0.53%)
Updated Aug 1, 2025 04:00 PM ET
3-Hold of 5 3
C Value A Growth F Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
MGIC 20.60 -0.11(-0.53%)
Will MGIC be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for MGIC based on the 1-3 month trading system that more than doubles the S&P 500.
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Other News for MGIC
Magic Software Enterprises Ltd (MGIC) Shares Up 5.88% on Jul 9
Magic Software Enterprises Ltd (MGIC) Stock Price Up 5.11% on Jun 30
Magic Software Approves Board Re-elections and Auditor Appointment
Magic Software Updates Compensation Policy Ahead of June 2025 Shareholder Meeting
Magic Software Enterprises Ltd (MGIC) Q1 2025 Earnings Call Highlights: Record Revenue and ...