PE ratio relative to earnings growth — is the valuation justified?
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PEG Ratio
Negative EPS growth — PEG not meaningful when earnings are declining
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Growth Rate Source
Good Data Quality5-Year EPS CAGR
Current Price
$64.11
TTM EPS
$1.03
P/E Ratio
62.24
Growth Rate
-7.8%
5-Year EPS CAGR
Sector
Technology
Hardware, Equipment & Parts
Calculated
8/18/2026
10:07:10 AM
PEG Ratio Unavailable
Negative Growth — PEG not meaningful
Peer Comparison
Sample Size
3 peers
Industry Median PEG
1.59
25th Percentile
0.99
75th Percentile
35.61
Symbol
Company
PEG
P/E
Growth
vs CGNX
PAYC
Paycom Software, Inc.
0.99
26.5
26.7%
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ANET
Arista Networks, Inc.
1.59
63.7
39.9%
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NOVT
Novanta Inc.
35.61
105.7
3.0%
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How to Interpret PEG Ratio
PEG < 1.0 — Potentially Undervalued. The stock may be priced below its earnings growth rate, suggesting a potential buying opportunity.
PEG 1.0–2.0 — Fairly Valued. The stock price is roughly in line with its earnings growth. A PEG of 1.0 is often considered "fair value."
PEG > 2.0 — Potentially Overvalued. The stock may be priced above what its earnings growth justifies.
Limitations:PEG ratios are less reliable for financial firms (earnings driven by interest margins), companies with negative/zero earnings growth, and hypergrowth companies (>100% growth) where the ratio may appear misleadingly low. Always use PEG alongside other valuation metrics.
