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Comet Ridge (ASX:COI) PEG Ratio : N/A (As of Jun. 03, 2024)


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What is Comet Ridge 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, Comet Ridge's PE Ratio without NRI is 0.00. Comet Ridge's 5-Year EBITDA growth rate is -8.40%. Therefore, Comet Ridge's PEG Ratio for today is N/A.

* 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 Comet Ridge's PEG Ratio or its related term are showing as below:



ASX:COI's PEG Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 0.81
* Ranked among companies with meaningful PEG Ratio only.

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


Comet Ridge PEG Ratio Historical Data

The historical data trend for Comet Ridge'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.

Comet Ridge PEG Ratio Chart

Comet Ridge Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PEG Ratio
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Comet Ridge Semi-Annual Data
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Competitive Comparison of Comet Ridge's PEG Ratio

For the Oil & Gas E&P subindustry, Comet Ridge'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.


Comet Ridge's PEG Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Comet Ridge's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Comet Ridge's PEG Ratio falls into.



Comet Ridge 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.

Comet Ridge's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=/-8.40
=N/A

* 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.


Comet Ridge  (ASX:COI) 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.


Comet Ridge PEG Ratio Related Terms

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


Comet Ridge (ASX:COI) Business Description

Traded in Other Exchanges
N/A
Address
410 Queen Street, Level 3, Brisbane, QLD, AUS, 4000
Comet Ridge Ltd is an exploration company. It is engaged in the exploration and evaluation of its tenements for oil and gas reserves. The projects of the company includes Mahalo North and Mahalo Gas Project, Gunnedah, and Galilee Basin project. The projects are located in the states of Queensland and New South Wales, Australia.

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