As of 2024-11-12, the Fair Value of RingCentral Inc (RNG) is -7.22 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 36.21 USD, the upside of RingCentral Inc is -119.94%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
Historical Earnings | ||||||
2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
Net income | -53.60 | -83.00 | -376.30 | -879.20 | -165.24 | -311.47 |
YoY growth | -104.58% | -54.85% | -353.37% | -133.64% | 81.21% | -113.05% |
Market Cap (mil) | 3,324.80 |
P/E | |
Forward P/E |
EPS | -1.44 |
Avg earnings growth rate | -113.05% |
TTM earnings | -132.59 |