In volatile markets, PEG ratio emerges as the real valuation test

For instance, La Opala trades at a trailing P/E of 18.6 with a steep PEG of 27.8, suggesting limited growth support, while 360 One WAM, despite a higher P/E of 34.8, has a more reasonable PEG of 1.5. Force Motors stands out even more, with a P/E of 30.3 but a low PEG of 0.3, indicating strong growth backing its valuation, he highlighted.