TIC.... its like this the lower the PEG the better.
you never want to buy a coy with a PEG over 1.0x
you caluculate it as follows
take this years p/e ratio..... then divide it by the forecast EPS growth.
BLUE pe/ 23x EPS growth 65%
PEG= 0.36
However at 1.66 = p/e of 21.2x
PEG = 0.32
Anything less that 0.5 is good really
you want to look to sell out of a coy when the PEG hits 0.80+
