Grendene (BSP:GRND3) PEG Ratio: 0.61 (As of Jul. 15, 2026) — 67% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:GRND3 Grendene SA BSP:GRND3
66 GF Score
Price R$3.90
GF Value R$6.66
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Grendene PEG Ratio?

Grendene BSP:GRND3 +0.52% 66 PEG Ratio is 0.61 as of Jul. 15, 2026, which is 67% below its 10-year median of 1.87. GuruFocus rates BSP:GRND3 with a GF Score™ of 66/100 and a GF Value™ of R$6.66 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 362 Manufacturing - Apparel & Accessories companies, Grendene ranks better than 70.44% on this metric.

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, Grendene's PE Ratio without NRI is 5.52. Grendene's 5-Year EBITDA growth rate is 9.00%. Therefore, Grendene's PEG Ratio for today is 0.61.

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

BSP:GRND3' s PEG Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.87   Max: 211.14
Current: 0.61


During the past 13 years, Grendene's highest PEG Ratio was 211.14. The lowest was 0.59. And the median was 1.87.


BSP:GRND3's PEG Ratio is ranked better than
70.44% of 362 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.315 vs BSP:GRND3: 0.61

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


Grendene  (BSP:GRND3) 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.


Grendene PEG Ratio Related Terms


Grendene PEG Ratio Historical Data

* Premium members only.

The historical data trend for Grendene'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.

Grendene PEG Ratio Chart

Grendene Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 195.57 0.00 0.00 0.00 1.12

Grendene Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.42 1.39 1.12 1.41

BSP:GRND3 vs NKE, DECK, ONON: PEG Ratio Comparison

For the Footwear & Accessories subindustry, Grendene'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.


Grendene PEG Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grendene's PEG Ratio distribution charts can be found below:

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


BSP:GRND3
66GF Score
Grendene SA BSP:GRND3
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grendene 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.

Grendene's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=5.5162659123055/9.00
=0.61

* 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.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 0.61 mean?
Grendene (BSP:GRND3) has a PEG Ratio of 0.61 as of Jul. 15, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Grendene and its competitors. This is 67% below median its historical median of 1.87. Over the past decade, Grendene's PEG Ratio has ranged from 0.59 to 211.14. According to the industry distribution chart, Grendene ranks #107 out of 362 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29.6%.
Is Grendene's PEG Ratio too high?
Grendene's current PEG Ratio of 0.61 is 67% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 211.14. The Manufacturing - Apparel & Accessories industry median PEG Ratio is 1.32. Grendene's value of 0.61 is 53.6% below this industry median. Based on the distribution chart, Grendene ranks #107 out of 362 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Grendene has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grendene's PEG Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Grendene ranks #107 out of 362 companies for PEG Ratio. This puts Grendene in the upper half of its industry. The industry median PEG Ratio is 1.32. Grendene's value of 0.61 is 53.6% below this benchmark. Historically, Grendene's own PEG Ratio has ranged from 0.59 to 211.14 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 1.32, Grendene has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Manufacturing - Apparel & Accessories company?
The median PEG Ratio among Manufacturing - Apparel & Accessories companies is 1.32, based on 362 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grendene's current PEG Ratio of 0.61 is 53.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Grendene and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PEG Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grendene's current PEG Ratio is 0.61, which is 67% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grendene stock overvalued right now?
Based on GuruFocus' analysis, Grendene (BSP:GRND3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$6.66, compared to a current price of R$3.90 — trading 41.4% below its estimated fair value. The current PEG Ratio is 0.61, which is 67% below median its 10-year median of 1.87 and 53.6% below the Manufacturing - Apparel & Accessories industry median of 1.32. Grendene's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Grendene (BSP:GRND3), the current PEG Ratio is 0.61 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Grendene (BSP:GRND3) Overvalued in 2026?

Based on GuruFocus' analysis, Grendene stock appears to be undervalued. The current stock price of R$3.90 is trading 41.4% below its estimated GF Value™ of R$6.66. GuruFocus considers Grendene to be Significantly Undervalued.

Key valuation signals for BSP:GRND3:

  • PEG Ratio: 0.61 (67% below median its 10-year median of 1.87)
  • GF Value™: R$6.66 vs. price of R$3.90 (41.4% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 53.6% below the Manufacturing - Apparel & Accessories median (#107 of 362)

No single metric tells the full story. See the BSP:GRND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grendene Business Description

Address Avenue Pimentel Gomes 214, Sobral, CE, BRA, 62040-125
Grendene SA is engaged in the development, production, distribution, and sale of plastic footwear for all the socio-economic classes, in the women's, men's, and children's market segments. It also has its stores, franchises, and web commerce channels, operating under the brands Melissa, Grendha, Zaxy, Rider, Cartago, Grendene Kids, and Ipanema. It also owns the brands Pega Forte and Nuar. Geographically, the company operates in Brazil, North America, Asia and Oceania, Europe, Central and South America, and the Middle East and Africa, out of which a majority of its revenue comes from Brazil.
66GF Score

Get the complete analysis for BSP:GRND3

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$3.90
Price
R$6.66
GF Value