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Zhejiang Sling Automobile Bearing Co (SZSE:301550) PEG Ratio : 1.12 (As of Jun. 05, 2024)


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What is Zhejiang Sling Automobile Bearing 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, Zhejiang Sling Automobile Bearing Co's PE Ratio without NRI is 29.78. Zhejiang Sling Automobile Bearing Co's 5-Year EBITDA growth rate is 26.60%. Therefore, Zhejiang Sling Automobile Bearing Co's PEG Ratio for today is 1.12.

* 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 Zhejiang Sling Automobile Bearing Co's PEG Ratio or its related term are showing as below:

SZSE:301550' s PEG Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.73   Max: 1.12
Current: 1.12


During the past 9 years, Zhejiang Sling Automobile Bearing Co's highest PEG Ratio was 1.12. The lowest was 0.62. And the median was 0.73.


SZSE:301550's PEG Ratio is ranked better than
50.79% of 569 companies
in the Vehicles & Parts industry
Industry Median: 1.14 vs SZSE:301550: 1.12

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


Zhejiang Sling Automobile Bearing Co PEG Ratio Historical Data

The historical data trend for Zhejiang Sling Automobile Bearing 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.

Zhejiang Sling Automobile Bearing Co PEG Ratio Chart

Zhejiang Sling Automobile Bearing Co Annual Data
Trend Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only - - - - 1.06

Zhejiang Sling Automobile Bearing Co Quarterly Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 1.06 -

Competitive Comparison of Zhejiang Sling Automobile Bearing Co's PEG Ratio

For the Auto Parts subindustry, Zhejiang Sling Automobile Bearing 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.


Zhejiang Sling Automobile Bearing Co's PEG Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Sling Automobile Bearing Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Sling Automobile Bearing Co's PEG Ratio falls into.



Zhejiang Sling Automobile Bearing 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.

Zhejiang Sling Automobile Bearing Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=29.782723900371/26.60
=1.12

* 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.


Zhejiang Sling Automobile Bearing Co  (SZSE:301550) 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.


Zhejiang Sling Automobile Bearing Co PEG Ratio Related Terms

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Zhejiang Sling Automobile Bearing Co (SZSE:301550) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Jiangdong Road, Chengtan Street, Xinchang, Zhejiang, CHN, 312500
Zhejiang Sling Automobile Bearing Co Ltd is engaged in research & development, manufacturing and sales of automotive bearings.

Zhejiang Sling Automobile Bearing Co (SZSE:301550) Headlines

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