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Avis Budget Group (Avis Budget Group) PEG Ratio

: 0.06 (As of Today)
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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, Avis Budget Group's PE Ratio without NRI is 2.36. Avis Budget Group's 5-Year EBITDA growth rate is 38.90%. Therefore, Avis Budget Group's PEG Ratio for today is 0.06.

* 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 Avis Budget Group's PEG Ratio or its related term are showing as below:

CAR' s PEG Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.78   Max: 3.96
Current: 0.06


During the past 13 years, Avis Budget Group's highest PEG Ratio was 3.96. The lowest was 0.06. And the median was 0.78.


CAR's PEG Ratio is ranked better than
99.07% of 430 companies
in the Business Services industry
Industry Median: 1.305 vs CAR: 0.06

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


Avis Budget Group PEG Ratio Historical Data

The historical data trend for Avis Budget 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.

Avis Budget Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 - 1.04 0.10 0.10

Avis Budget 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 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 Premium Member Only Premium Member Only Premium Member Only 0.10 0.11 0.12 0.10 0.10

Competitive Comparison

For the Rental & Leasing Services subindustry, Avis Budget 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.


Avis Budget Group PEG Ratio Distribution

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

* The bar in red indicates where Avis Budget Group's PEG Ratio falls into.



Avis Budget 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.

Avis Budget Group's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=2.3609885260371/38.90
=0.06

* 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.


Avis Budget Group  (NAS:CAR) 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.


Avis Budget Group PEG Ratio Related Terms

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


Avis Budget Group (Avis Budget Group) Business Description

Traded in Other Exchanges
Address
6 Sylvan Way, Parsippany, NJ, USA, 07054
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.
Executives
Joseph A. Ferraro officer: President, Americas 6 SYLVAN WAY, PARSIPPANY NJ 07054
Izilda P Martins officer: Sr VP and Acting CAO 6 SYLVAN WAY, PARSIPPANY NJ 07054
Patrick K Rankin officer: President, International 6 SYLVAN WAY, PARSIPPANY NJ 07054
Lynn Krominga director 6 SYLVAN WAY, PARSIPPANY NJ 07054
Edward P Linnen officer: SVP, Chief HR Officer 6 SYLVAN WAY, PARSIPPANY NJ 07054
Bernardo Hees director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Karthik R. Sarma director, 10 percent owner ONE BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036
Jean M Sera officer: SVP, GC & Corp. Sec. AVIS BUDGET GROUP, 6 SYLVAN WAY, PARSIPPANY NJ 07054
Glenn Lurie director C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BLVD., BRIDGEWATER NJ 08807
Ravi Simhambhatla officer: EVP, CDIO - see remarks 6 SYLVAN WAY, AVIS BUDGET GROUP, INC., PARSIPPANY NJ 07054
Anu Hariharan director 2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Cathleen Degenova officer: Chief Accounting Officer 6 SYLVAN WAY, PARSIPPANY NJ 07054
Veresh Sita officer: EVP, CDIO (1) 6 SYLVAN WAY, AVIS BUDGET GROUP, INC., PARSIPPANY NJ 07054
Brian J Choi director C/O SRS INVESTMENT MANAGEMENT, LLC, ONE BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036
Srs Investment Management, Llc 10 percent owner 1 BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036