Price/Earnings to Growth and Dividend Yield - PEGY Ratio
Definition of 'Price/Earnings to Growth and Dividend Yield - PEGY Ratio'
A variation of the price-to-earnings ratio where a stock's value is further evaluated by its projected earnings growth rate and dividend yield.
Investopedia explains 'Price/Earnings to Growth and Dividend Yield - PEGY Ratio'
For stocks that pay a substantial dividend, the PEGY may be an even better measure than PEG. As with the PEG, keep in mind the numbers are based on future projections and, therefore, aren't guaranteed to be accurate.
PEGY is pronounced the same way as "peggy."