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Golden Ocean Group (Golden Ocean Group) PEG Ratio : 1.29 (As of May. 06, 2024)


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What is Golden Ocean 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, Golden Ocean Group's PE Ratio without NRI is 28.89. Golden Ocean Group's 5-Year EBITDA growth rate is 22.40%. Therefore, Golden Ocean Group's PEG Ratio for today is 1.29.

* 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 Golden Ocean Group's PEG Ratio or its related term are showing as below:

GOGL' s PEG Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.29   Max: 1.3
Current: 1.3


During the past 13 years, Golden Ocean Group's highest PEG Ratio was 1.30. The lowest was 0.18. And the median was 0.29.


GOGL's PEG Ratio is ranked worse than
54.52% of 431 companies
in the Transportation industry
Industry Median: 1.16 vs GOGL: 1.30

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


Golden Ocean Group PEG Ratio Historical Data

The historical data trend for Golden Ocean 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.

Golden Ocean Group PEG Ratio Chart

Golden Ocean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.19 0.35

Golden Ocean Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only 0.19 0.24 0.29 0.42 0.35

Competitive Comparison of Golden Ocean Group's PEG Ratio

For the Marine Shipping subindustry, Golden Ocean 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.


Golden Ocean Group's PEG Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Golden Ocean Group's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Golden Ocean Group's PEG Ratio falls into.



Golden Ocean 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.

Golden Ocean Group's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=28.88671875/22.40
=1.29

* 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.


Golden Ocean Group  (NAS:GOGL) 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.


Golden Ocean Group PEG Ratio Related Terms

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


Golden Ocean Group (Golden Ocean Group) Business Description

Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08
Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.

Golden Ocean Group (Golden Ocean Group) Headlines

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