InvestorsObserver gives Digital Turbine Inc (APPS) a strong valuation score of 93 from its analysis. The proprietary scoring system considers the underlying health of a company by analyzing its stock price, earnings, and growth rate. APPS currently holds a better value than 93% of stocks based on these metrics. Long term investors focused on buying-and-holding should find the valuation ranking system most relevant when making investment decisions.
APPS gets a 93 Valuation Rank today. Find out what this means to you and get the rest of the rankings on APPS!
APPS has a trailing twelve month Price to Earnings (PE) ratio of 104.6. The historical average of roughly 15 shows a poor value for APPS stock as investors are paying higher share prices relative to the company's earnings. APPS's high trailing PE ratio shows that the firm has been trading above its fair market value recently. Its trailing 12-month earnings per share (EPS) of 0.60 does not justify the stock's current price. However, trailing PE ratios do not factor in the company's projected growth rate, resulting in many newer firms having high PE ratios due to high growth potential enticing investors despite inadequate earnings.
APPS's 12-month-forward PE to Growth (PEG) ratio of 0.9 is considered a roughly average value as the market is valuing APPS right in line with its projected earnings growth. APPS's PEG comes from its forward price to earnings ratio being divided by its growth rate. A PEG ratio of 1 represents a perfect correlation between earnings growth and share price. Due to their incorporation of more fundamentals of a company's overall health and focusing on the future rather than the past, PEG ratios are one of the most used valuation metrics by analysts today.
APPS' has a adequate valuation at its current share price on account of a fairly valued PEG ratio despite strong growth. APPS's PE and PEG are around the market average leading to a average valuation score.
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