Inverse PEG ratio

Water Cooler Investing
#1

My company uses an inverse of the PEG ratio (ie. GPE). Anything above a 1 is a buy and below 0 is a sell.

i was thinking of doing something similar with the EV/EBITDA multiple. Might help with companies that have high depreciation expenses.

any thoughts?

#2

isn’t that just a yield measure then and what does it actually mean and what are you trying to use it for?