In my May 2000 data in the UK market over 50
companies had a PEG of less than 0.6 and a further 50+ were under
0.8.
A total of in excess of 300 companies qualified
for a PEG but of course some of these are already so highly rated in the
market that the PEG is too high for comfort.
I dont
understand this part. If the companies have a PEG of less
than .6 then they must be cheap, therefore i dont
see how these companies
could be too highly rated in the
market. To have a PEG of less than .6
there p/e must be low in relation to the amount
of growth the company is
experiencing.
nick
See IRG research reports
