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, Nitto Denko's PE Ratio without NRI is 19.14. Nitto Denko's 5-Year EBITDA growth rate is 7.30%. Therefore, Nitto Denko's PEG Ratio for today is 2.62.
* 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 Nitto Denko's PEG Ratio or its related term are showing as below:
NDEKY'
s PEG Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.33 Max: 72.2
Current: 2.62
During the past 13 years, Nitto Denko's highest PEG Ratio was 72.20. The lowest was 0.58. And the median was 1.33.
NDEKY's PEG Ratio is ranked worse than 65.73% of 709
companies
in the Chemicals industry
Industry Median: 1.79
vs NDEKY: 2.62
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Nitto Denko PEG Ratio Historical Data
The historical data trend for Nitto Denko'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.
For the Specialty Chemicals subindustry, Nitto Denko'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.
Nitto Denko's PEG Ratio Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nitto Denko's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Nitto Denko's PEG Ratio falls into.
Nitto Denko 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.
Nitto Denko's PEG Ratio for today is calculated as
* 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.
Nitto Denko (OTCPK:NDEKY) 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.
Nitto Denko PEG Ratio Related Terms
Thank you for viewing the detailed overview of Nitto Denko's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nitto Denko Corp manufactures and sells a variety of industrial and electronics products. The company sells tape products, which include masking tape for painting and printed-circuit boards, double sided tapes, electrical tape, and sealant materials used in the construction industry. Nitto Denko also sells film products, which include surface protective film, fluoroplastic films used to seal pipes and air filters, and porous film that allows air to pass through but seals water and other liquids. The firm also produces electronics, which include flexible printed circuit boards for smartphones and tablets, and medical products such as drug delivery patches and adhesive sheets.
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