Digital Turbine Inc (APPS) receives a low rating of 39 from InvestorsObserver analysis. Our proprietary rating system takes into account the overall health of the company by looking at stock price, earnings and growth rate to determine if it represents good value. APPS holds a better value than 39% of the stock at its current price. Investors who focus on long-term growth through long-term investments will find the valuation ranking particularly relevant when allocating their assets.
Metrics analysis
APPS has a year-over-year price-earnings (PE) ratio of 49.1, which puts it above the historical average of around 15. APPS is currently trading at a poor value as investors pay more than what worth the action relative to its benefits. . APPS’ trailing 12-month earnings per share (EPS) of 0.35 does not justify its stock price in the market. Rolling PE ratios do not take into account the company’s projected growth rate, thus some companies will have high PE ratios due to high growth attracting more investors even if the underlying company generated low profits so far. APPS has a 12-month PE-to-Growth (PEG) ratio of 0.44. Markets are overvaluing APPS against its expected growth as its PEG ratio is currently above the fair market value of 1. The PEG of 0.349999994 comes from its forward price to earnings ratio being divided by its growth rate . PEG ratios are one of the most widely used valuation metrics due to the incorporation of more fundamental business metrics and the focus on the future of the business rather than about his past.
Summary
APPS’ has a strong valuation at its current price due to an undervalued PEG ratio despite strong growth. APPS’ PE and PEG are better than the market average, which translates into an above-average valuation score. Click here for the full Digital Turbine Inc (APPS) stock report.
Stay in the know
Subscribe to our daily morning update newsletter and never miss market news, moves and more.
Thank you for signing up! You are ready to receive the Morning Update newsletter
