What is Shandong Weigao Group Medical Polymer 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, Shandong Weigao Group Medical Polymer Co's PE Ratio without NRI is 9.90. Shandong Weigao Group Medical Polymer Co's 5-Year EBITDA growth rate is 15.70%. Therefore, Shandong Weigao Group Medical Polymer Co's PEG Ratio for today is 0.63.
* 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 Shandong Weigao Group Medical Polymer Co's PEG Ratio or its related term are showing as below:
SHWGY'
s PEG Ratio Range Over the Past 10 Years
Min: 0.42 Med: 1.28 Max: 3.29
Current: 0.63
During the past 13 years, Shandong Weigao Group Medical Polymer Co's highest PEG Ratio was 3.29. The lowest was 0.42. And the median was 1.28.
SHWGY's PEG Ratio is ranked better than 81.93% of 249
companies
in the Medical Devices & Instruments industry
Industry Median: 1.8
vs SHWGY: 0.63
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Shandong Weigao Group Medical Polymer Co PEG Ratio Historical Data
The historical data trend for Shandong Weigao Group Medical Polymer 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.
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Shandong Weigao Group Medical Polymer Co PEG Ratio Chart
Shandong Weigao Group Medical Polymer Co Annual Data
Competitive Comparison of Shandong Weigao Group Medical Polymer Co's PEG Ratio
For the Medical Instruments & Supplies subindustry, Shandong Weigao Group Medical Polymer 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.
Shandong Weigao Group Medical Polymer Co's PEG Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shandong Weigao Group Medical Polymer Co's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Shandong Weigao Group Medical Polymer Co's PEG Ratio falls into.
Shandong Weigao Group Medical Polymer 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.
Shandong Weigao Group Medical Polymer Co'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.
Shandong Weigao Group Medical Polymer Co (OTCPK:SHWGY) 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.
Shandong Weigao Group Medical Polymer Co PEG Ratio Related Terms
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Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Business Description
Shandong Weigao Group Medical Polymer Co Ltd functions in the healthcare sector in China. Its business mainly involves the research and development, production, and sale of single-use medical device products. The company's segments include Medical device products, Orthopaedic products, Interventional products, Pharma packaging products, Blood management products, and others. The company's products comprise consumables including infusion sets, syringes, medical needles, blood bags, prefilled syringes, wound management, blood sampling products; orthopedic materials, and blood purification consumables and equipment. The company operates in the People's Republic of China, the United States, Europe, the Middle East, and Africa, Asia, and others.
Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Headlines
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