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Mie Co (NGO:3442) PEG Ratio : 0.41 (As of Jun. 08, 2024)


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What is Mie Co 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, Mie Co's PE Ratio without NRI is 3.95. Mie Co's 5-Year EBITDA growth rate is 9.60%. Therefore, Mie Co's PEG Ratio for today is 0.41.

* 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 Mie Co's PEG Ratio or its related term are showing as below:

NGO:3442' s PEG Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.38   Max: 1.47
Current: 0.41


During the past 13 years, Mie Co's highest PEG Ratio was 1.47. The lowest was 0.15. And the median was 0.38.


NGO:3442's PEG Ratio is ranked better than
72.69% of 271 companies
in the Steel industry
Industry Median: 0.77 vs NGO:3442: 0.41

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


Mie Co PEG Ratio Historical Data

The historical data trend for Mie Co'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.

Mie Co PEG Ratio Chart

Mie Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.23 1.45 0.36

Mie Co 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 0.58 0.36 0.25 0.18 0.15

Competitive Comparison of Mie Co's PEG Ratio

For the Steel subindustry, Mie Co'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.


Mie Co's PEG Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mie Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Mie Co's PEG Ratio falls into.



Mie Co 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.

Mie Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=3.9485265689224/9.60
=0.41

* 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.


Mie Co  (NGO:3442) 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.


Mie Co PEG Ratio Related Terms

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


Mie Co (NGO:3442) Business Description

Traded in Other Exchanges
N/A
Address
1001 Oaza Hoshikawa, Mie-ken, Kuwana, JPN, 511-0912
Mie Corp Co Ltd is a Japanese holding company. The company through its subsidiaries is engaged in manufacturing of stainless steel fittings and flanges and prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.

Mie Co (NGO:3442) Headlines

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