Over the next 4 years, Gronk Co's earnings are expected to grow at an annual average rate of 7.5% per year. Current EPS are $3.60 and the company's stock recently sold for $54 per share. Gronk's PEG ratio is

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The PEG ratio is calculated as the Price/Earnings ratio divided by the growth rate. The P/E ratio is $54 / $3.60 = 15. The growth rate is 7.5%. Therefore, the PEG ratio is 15 / 7.5 = 2.0.

Over the Next 4 Years, Gronk Co's Earnings Are Expected