This note proposes a new tool, the PERG ratio, which adjusts PIE Ratios by both growth and risk. The evidence reported shows that strategies based on PERG outperform, on a risk-adjusted basis, those based on PIE and PEG ratios. This note is not a "value-versus-growth" study but an inquiry into the much-less explored "valueversusvalue" issue.
This note proposes a new tool, the PERG ratio, which adjusts PIE Ratios by both growth and risk. The evidence reported shows that strategies based on PERG outperform, on a risk-adjusted basis, those based on PIE and PEG ratios. This note is not a "value-versus-growth" study but an inquiry into the much-less explored "valueversusvalue" issue.
This note proposes a new tool, the PERG ratio, which adjusts PIE Ratios by both growth and risk. The evidence reported shows that strategies based on PERG outperform, on a risk-adjusted basis, those based on PIE and PEG ratios. This note is not a "value-versus-growth" study but an inquiry into the much-less explored "valueversusvalue" issue.
This note proposes a new tool, the PERG ratio, which adjusts PIE Ratios by both growth and risk. The evidence reported shows that strategies based on PERG outperform, on a risk-adjusted basis, those based on PIE and PEG ratios. This note is not a "value-versus-growth" study but an inquiry into the much-less explored "valueversusvalue" issue.