Just find a "Peter Lynch Formula" mentioned in this book, which is
100*(dividend yield + long term growth rate) / PE >= 1.5
if dividend yield = 0, it means PEG <= 0.67, sounds quite conservative;
if growth rate = 0, i.e. dividend = earnings, it means p/e <= 8.16 or e/p >=12.2%, sound reasonable ?
No comments:
Post a Comment