* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for FTAC Athena Acquisition's PEG Ratio or its related term are showing as below:
FTAAU's PEG Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.14 * Ranked among companies with meaningful PEG Ratio only.
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of FTAC Athena Acquisition's PEG Ratio
For the Shell Companies subindustry, FTAC Athena Acquisition's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
FTAC Athena Acquisition's PEG Ratio Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, FTAC Athena Acquisition's PEG Ratio distribution charts can be found below:
* The bar in red indicates where FTAC Athena Acquisition's PEG Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
FTAC Athena Acquisition (NAS:FTAAU) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
FTAC Athena Acquisition PEG Ratio Related Terms
Thank you for viewing the detailed overview of FTAC Athena Acquisition's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FTAAU has been successfully added to your