II-VI, Inc. (IIVI) receives a strong valuation ranking of 79 from InvestorsObserver data analysis. The proprietary ranking system focuses on the underlying health of a company through analysis of its stock price, earnings, and growth rate. IIVI has a better value than 79% of stocks based on these valuation analytics. Investors primarily focused on buy-and-hold strategies will find the valuation ranking relevant to their goals when making investment decisions.
IIVI's 12-month-forward PE to Growth (PEG) ratio of 1.42 is considered a poor value as the market is overvaluing IIVI in relation to the company's projected earnings growth due. IIVI'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.
Is II-VI, Inc. (IIVI) Stock Trading Below Fair Value?
IIVI gets a 79 Valuation Rank today. Find out what this means to you and get the rest of the rankings on IIVI!