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Aakash Exploration Services (NSE:AAKASH) PEG Ratio : 0.28 (As of Dec. 15, 2024)


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What is Aakash Exploration Services 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, Aakash Exploration Services's PE Ratio without NRI is 20.87. Aakash Exploration Services's 5-Year EBITDA growth rate is 73.60%. Therefore, Aakash Exploration Services's PEG Ratio for today is 0.28.

* 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 Aakash Exploration Services's PEG Ratio or its related term are showing as below:

NSE:AAKASH' s PEG Ratio Range Over the Past 10 Years
Min: 0.12   Med: 1.27   Max: 2.62
Current: 0.29


During the past 12 years, Aakash Exploration Services's highest PEG Ratio was 2.62. The lowest was 0.12. And the median was 1.27.


NSE:AAKASH's PEG Ratio is ranked better than
79.73% of 296 companies
in the Oil & Gas industry
Industry Median: 0.74 vs NSE:AAKASH: 0.29

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


Aakash Exploration Services PEG Ratio Historical Data

The historical data trend for Aakash Exploration Services'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.

Aakash Exploration Services PEG Ratio Chart

Aakash Exploration Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 1.25 2.26 - -

Aakash Exploration Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - 2.42

Competitive Comparison of Aakash Exploration Services's PEG Ratio

For the Oil & Gas Equipment & Services subindustry, Aakash Exploration Services'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.


Aakash Exploration Services's PEG Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aakash Exploration Services's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Aakash Exploration Services's PEG Ratio falls into.



Aakash Exploration Services 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.

Aakash Exploration Services's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=20.870406189555/73.60
=0.28

* 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.


Aakash Exploration Services  (NSE:AAKASH) 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.


Aakash Exploration Services PEG Ratio Related Terms

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Aakash Exploration Services Business Description

Traded in Other Exchanges
N/A
Address
424-426, 4th Floor, Shukan Mall, Near Visat Petrol Pump, Sabarmati, Ahmedabad, GJ, IND, 380005
Aakash Exploration Services Ltd provides oil and gas field services in India. It offers mobile workover rigs, hot oil circulation units, air compressors, mobile steaming units, mobile pumping units, cranes, manpower services, SRP unit supply and maintenance, and other related services. The Oil and Gas industry is typically split into three segments mainly Upstream, Midstream, and Downstream. The company derives revenue from the sale of services.

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