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Oceana Lithium (ASX:OCN) PEG Ratio : N/A (As of Jun. 20, 2024)


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What is Oceana Lithium 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, Oceana Lithium's PE Ratio without NRI is . Oceana Lithium's 5-Year EBITDA growth rate is 0.00%. Therefore, Oceana Lithium'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 Oceana Lithium's PEG Ratio or its related term are showing as below:



ASX:OCN's PEG Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.23
* 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.


Oceana Lithium PEG Ratio Historical Data

The historical data trend for Oceana Lithium'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.

Oceana Lithium PEG Ratio Chart

Oceana Lithium Annual Data
Trend Dec21 Jun23
PEG Ratio
- -

Oceana Lithium Semi-Annual Data
Dec22 Jun23 Dec23
PEG Ratio - - -

Competitive Comparison of Oceana Lithium's PEG Ratio

For the Other Industrial Metals & Mining subindustry, Oceana Lithium'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.


Oceana Lithium's PEG Ratio Distribution in the Metals & Mining Industry

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

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



Oceana Lithium 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.

Oceana Lithium's PEG Ratio for today is calculated as

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


Oceana Lithium  (ASX:OCN) 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.


Oceana Lithium PEG Ratio Related Terms

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Oceana Lithium (ASX:OCN) Business Description

Traded in Other Exchanges
N/A
Address
33 Richardson Street, Level 1, West Perth, Perth, WA, AUS, 6005
Oceana Lithium Ltd is a mineral exploration and development company focused on the discovery and delineation of lithium mineral resources in two mining-friendly jurisdictions, the state of Ceara, Brazil, and the Northern Territory, Australia. It holds interest in the Solonopole lithium project in Brazil and the Napperby lithium project in Northern Territory.

Oceana Lithium (ASX:OCN) Headlines

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