GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Noronex Ltd (ASX:NRX) » Definitions » PEG Ratio

Noronex (ASX:NRX) PEG Ratio : 0.00 (As of Mar. 04, 2025)


View and export this data going back to 2017. Start your Free Trial

What is Noronex 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, Noronex's PE Ratio without NRI is 0.00. Noronex's 5-Year EBITDA growth rate is 22.60%. Therefore, Noronex's PEG Ratio for today is 0.00.

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



ASX:NRX's PEG Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.13
* 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.


Noronex PEG Ratio Historical Data

The historical data trend for Noronex'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.

Noronex PEG Ratio Chart

Noronex Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PEG Ratio
Get a 7-Day Free Trial - - - - -

Noronex Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Noronex's PEG Ratio

For the Copper subindustry, Noronex'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.


Noronex's PEG Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Noronex's PEG Ratio distribution charts can be found below:

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



Noronex 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.

Noronex's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=/22.60
=0.00

* 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.


Noronex  (ASX:NRX) 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.


Noronex PEG Ratio Related Terms

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


Noronex Business Description

Traded in Other Exchanges
N/A
Address
295 Rokeby Road, Suite 1, Subiaco, Brisbane, WA, AUS, 60008
Noronex Ltd is a mineral exploration company, identifying projects in Australia. The company holds a portfolio of high-grade copper projects in Canada and an option to acquire three prospecting licences that are prospective for sedimentary Cu-Ag mineralization along the prolific Kalahari Copper Belt that spans Namibia and Botswana. The group operates in the mineral exploration sector predominantly in Australia, Namibia, and Canada.

Noronex Headlines

No Headlines