ManpowerGroup Greater China (HKSE:02180) PEG Ratio: 5.21 (As of Aug. 17, 2026) — 492% Above 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.

HKSE:02180 ManpowerGroup Greater China Ltd HKSE:02180
93 GF Score
Price HK$4.60
GF Value HK$6.69
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is ManpowerGroup Greater China PEG Ratio?

ManpowerGroup Greater China HKSE:02180 -0.22% 93 PEG Ratio is 5.21 as of Aug. 17, 2026, which is 492% above its 10-year median of 0.88. GuruFocus rates HKSE:02180 with a GF Score™ of 93/100 and a GF Value™ of HK$6.69 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 442 Business Services companies, ManpowerGroup Greater China ranks worse than 88.24% 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, ManpowerGroup Greater China's PE Ratio without NRI is 5.21. ManpowerGroup Greater China's 5-Year EBITDA growth rate is 1.00%. Therefore, ManpowerGroup Greater China's PEG Ratio for today is 5.21.

* 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 ManpowerGroup Greater China's PEG Ratio or its related term are showing as below:

HKSE:02180' s PEG Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.88   Max: 7.24
Current: 5.21


During the past 10 years, ManpowerGroup Greater China's highest PEG Ratio was 7.24. The lowest was 0.36. And the median was 0.88.


HKSE:02180's PEG Ratio is ranked worse than
88.24% of 442 companies
in the Business Services industry
Industry Median: 1.135 vs HKSE:02180: 5.21

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


ManpowerGroup Greater China  (HKSE:02180) 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.


ManpowerGroup Greater China PEG Ratio Related Terms


ManpowerGroup Greater China PEG Ratio Historical Data

* Premium members only.

The historical data trend for ManpowerGroup Greater China'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.

ManpowerGroup Greater China PEG Ratio Chart

ManpowerGroup Greater China 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 0.49 0.84 1.66 0.00 6.29

ManpowerGroup Greater China Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.66 0.00 0.00 0.00 6.29

HKSE:02180 vs KFY, RHI, TNET: PEG Ratio Comparison

For the Staffing & Employment Services subindustry, ManpowerGroup Greater China'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.


ManpowerGroup Greater China PEG Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, ManpowerGroup Greater China's PEG Ratio distribution charts can be found below:

* The bar in red indicates where ManpowerGroup Greater China's PEG Ratio falls into.


HKSE:02180
93GF Score
ManpowerGroup Greater China Ltd HKSE:02180
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ManpowerGroup Greater China 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.

ManpowerGroup Greater China's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=5.2095130237826/1.00
=5.21

* 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 5.21 mean?
ManpowerGroup Greater China (HKSE:02180) has a PEG Ratio of 5.21 as of Aug. 17, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on ManpowerGroup Greater China and its competitors. This is 492% above median its historical median of 0.88. Over the past decade, ManpowerGroup Greater China's PEG Ratio has ranged from 0.36 to 7.24. According to the industry distribution chart, ManpowerGroup Greater China ranks #390 out of 442 companies in the Business Services industry, placing it in the top 88.2%.
Is ManpowerGroup Greater China's PEG Ratio too high?
ManpowerGroup Greater China's current PEG Ratio of 5.21 is 492% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 7.24. The Business Services industry median PEG Ratio is 1.14. ManpowerGroup Greater China's value of 5.21 is 359% above this industry median. Based on the distribution chart, ManpowerGroup Greater China ranks #390 out of 442 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, ManpowerGroup Greater China has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ManpowerGroup Greater China's PEG Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, ManpowerGroup Greater China ranks #390 out of 442 companies for PEG Ratio. This places ManpowerGroup Greater China in the lower half of its industry. The industry median PEG Ratio is 1.14. ManpowerGroup Greater China's value of 5.21 is 359% above this benchmark. Historically, ManpowerGroup Greater China's own PEG Ratio has ranged from 0.36 to 7.24 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.14, ManpowerGroup Greater China has consistently been above 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 Business Services company?
The median PEG Ratio among Business Services companies is 1.14, based on 442 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. ManpowerGroup Greater China's current PEG Ratio of 5.21 is 359% above 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 ManpowerGroup Greater China and its competitors. For the Business Services industry, the median PEG Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ManpowerGroup Greater China's current PEG Ratio is 5.21, which is 492% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManpowerGroup Greater China stock overvalued right now?
Based on GuruFocus' analysis, ManpowerGroup Greater China (HKSE:02180) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$6.69, compared to a current price of HK$4.60 — trading 31.2% below its estimated fair value. The current PEG Ratio is 5.21, which is 492% above median its 10-year median of 0.88 and 359% above the Business Services industry median of 1.14. ManpowerGroup Greater China's overall GF Score™ is 93/100 with 3 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 ManpowerGroup Greater China (HKSE:02180), the current PEG Ratio is 5.21 as of Aug. 17, 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 ManpowerGroup Greater China (HKSE:02180) Overvalued in 2026?

Based on GuruFocus' analysis, ManpowerGroup Greater China stock appears to be undervalued. The current stock price of HK$4.60 is trading 31.2% below its estimated GF Value™ of HK$6.69. GuruFocus considers ManpowerGroup Greater China to be Significantly Undervalued.

Key valuation signals for HKSE:02180:

  • PEG Ratio: 5.21 (492% above median its 10-year median of 0.88)
  • GF Value™: HK$6.69 vs. price of HK$4.60 (31.2% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 359% above the Business Services median (#390 of 442)

No single metric tells the full story. See the HKSE:02180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ManpowerGroup Greater China Business Description

Address No. 999, Pudong Road (S, 36th Floor, Xin Mei Union Square, Pudong District, Shanghai, CHN
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The Workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China, while it also has its presence in Hong Kong and Macau, and Taiwan.
93GF Score

Get the complete analysis for HKSE:02180

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

HK$4.60
Price
HK$6.69
GF Value