Lowest PEG Ratio in the Technology Distributors Industry
Lowest PEG Ratio in the Technology Distributors Industry Detected for Arrow Electronics (ARW, MALL, NSIT)Published on Thu, 09/29/2011 - 07:20 By Peter Chu in Fast Lane, ARW, MALL, NSIT, arrow electronics, insight enterprises, lowest peg ratio, nasdaq:mall, nasdaq:nsit, nyse:arw, pc mall
Below are the three companies in the Technology Distributors industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.
Arrow Electronics (NYSE:ARW) is lowest with a PEG ratio of 0.4. Arrow Electronics, Inc. distributes electronic components and computer products to industrial and commercial customers. The Company distributes a variety of products including computer systems, peripherals, software, and mass storage products to original equipment manufacturers and commercial customers worldwide. Yesterday, Arrow Electronics traded 894,000 shares vs. average volume of 1.1 million shares per day. The stock underperformed the Dow (-3.6% to the Dow's -1.6%) and underperformed the S&P 500 (-3.6% to the S&P's -2.1%) during yesterday's trading.