PE ratio relative to earnings growth — is the valuation justified?
0.51
PEG Ratio
0.51
Growth Rate Source
Good Data Quality5-Year EPS CAGR
Current Price
$33.83
TTM EPS
$1.85
P/E Ratio
18.29
Growth Rate
35.7%
5-Year EPS CAGR
Sector
Healthcare
Medical - Devices
Calculated
8/20/2026
11:30:59 AM
Peer Comparison
Sample Size
2 peers
Industry Median PEG
3.23
25th Percentile
1.42
75th Percentile
5.04
CNMD PEG (0.51) vs Industry Median (3.23): 84% discount
Symbol
Company
PEG
P/E
Growth
vs CNMD
MMSI
Merit Medical Systems, Inc.
1.42
26.1
18.3%
+178%
HAE
Haemonetics Corporation
5.04
27.6
5.5%
+885%
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.
