Nokia Corporation PEG Ratio

NOK 
$3.745
*  
0.005
  negative  
0.13%
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*Delayed - data as of May 22, 2013 9:32 ET 
Exchange: NYSE
Industry: Technology
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NOK
Nokia Corporation NYSE


Forecast 12 Month Forward PEG Ratio

Investors are always looking for companies with good growth prospects selling at attractive prices. One popular statistic used to identify such stocks is the PEG ratio - which is simply the Price Earnings ratio divided by the growth rate. In this case we use the forecasted growth rate (based on the consensus of professional analysts) and forecasted earnings over the next 12 months. In theory, the lower the PEG ratio the better - implying that you are paying less for future earnings growth. The PEG ratio for this company is based on expected earnings for twelve months ending April 2014.

Data Provider: Data is provided by Zacks Investment Research