* 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 HiTech Group Australia's PEG Ratio or its related term are showing as below:
ASX:HIT'
s PEG Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.26 Max: 2.86
Current: 0.62
During the past 13 years, HiTech Group Australia's highest PEG Ratio was 2.86. The lowest was 0.62. And the median was 1.26.
ASX:HIT's PEG Ratio is ranked better than 73.66% of 429
companies
in the Business Services industry
Industry Median: 1.16
vs ASX:HIT: 0.62
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
* 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.
Competitive Comparison of HiTech Group Australia's PEG Ratio
For the Staffing & Employment Services subindustry, HiTech Group Australia'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.
HiTech Group Australia's PEG Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, HiTech Group Australia's PEG Ratio distribution charts can be found below:
* The bar in red indicates where HiTech Group Australia's PEG Ratio falls into.
* 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.
HiTech Group Australia (ASX:HIT) 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.
HiTech Group Australia PEG Ratio Related Terms
Thank you for viewing the detailed overview of HiTech Group Australia's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance and Office Support professionals. Its main business comes from IT contracting/consulting.
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