Bengaluru, Oct. 25 -- The PEG ratio (Price/Earnings to Growth ratio) measures a stock's valuation by comparing its P/E ratio to its expected earnings growth. A PEG ratio below 1 generally indicates that the stock may be undervalued relative to its growth prospects, suggesting potential upside for investors.
Investing in stocks with a PEG ratio below 1 can be attractive because it indicates the stock may be undervalued relative to its expected earnings growth. Essentially, investors are paying less for each unit of growth, offering potential for higher returns if the company achieves its projected growth.
India Tourism Development Corporation Ltd (ITDC)
Established in 1966, ITDC is a public sector enterprise under the Ministry of Touris...
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