GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashley Services Group Ltd (ASX:ASH) » Definitions » PEG Ratio

Ashley Services Group (ASX:ASH) PEG Ratio : 0.19 (As of May. 16, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Ashley Services Group PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Ashley Services Group's PE Ratio without NRI is 4.35. Ashley Services Group's 5-Year EBITDA growth rate is 23.00%. Therefore, Ashley Services Group's PEG Ratio for today is 0.19.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Ashley Services Group's PEG Ratio or its related term are showing as below:

ASX:ASH' s PEG Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.22   Max: 0.42
Current: 0.19


During the past 9 years, Ashley Services Group's highest PEG Ratio was 0.42. The lowest was 0.12. And the median was 0.22.


ASX:ASH's PEG Ratio is ranked better than
96.12% of 438 companies
in the Business Services industry
Industry Median: 1.39 vs ASX:ASH: 0.19

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Ashley Services Group PEG Ratio Historical Data

The historical data trend for Ashley Services Group's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ashley Services Group PEG Ratio Chart

Ashley Services Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only - - - - 0.42

Ashley Services Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.42 -

Competitive Comparison of Ashley Services Group's PEG Ratio

For the Staffing & Employment Services subindustry, Ashley Services Group's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ashley Services Group's PEG Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashley Services Group's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Ashley Services Group's PEG Ratio falls into.



Ashley Services Group PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Ashley Services Group's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=4.3518518518519/23.00
=0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Ashley Services Group  (ASX:ASH) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Ashley Services Group PEG Ratio Related Terms

Thank you for viewing the detailed overview of Ashley Services Group's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashley Services Group (ASX:ASH) Business Description

Traded in Other Exchanges
N/A
Address
92 Pitt Street, Level 10, Sydney, NSW, AUS, 2000
Ashley Services Group Ltd is engaged in staffing services. The group operates in two operating segments namely Labour hire and Training. The group derives maximum revenue from providing labour-hire services. In labour-hire division, the company has candidates who are able to start work within one hour of the request and run a year-round national operation with dedicated after-hours in-house consultants. Its labour-hire brands to include Action Workforce and Concept Engineering. The organization operates in Australia.