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Akshar Spintex (NSE:AKSHAR) PEG Ratio : 411.11 (As of Dec. 14, 2024)


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What is Akshar Spintex 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, Akshar Spintex's PE Ratio without NRI is 123.33. Akshar Spintex's 5-Year EBITDA growth rate is 0.30%. Therefore, Akshar Spintex's PEG Ratio for today is 411.11.

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

NSE:AKSHAR' s PEG Ratio Range Over the Past 10 Years
Min: 61.07   Med: 68.7   Max: 399.9
Current: 394.57


During the past 11 years, Akshar Spintex's highest PEG Ratio was 399.90. The lowest was 61.07. And the median was 68.70.


NSE:AKSHAR's PEG Ratio is ranked worse than
100% of 352 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.735 vs NSE:AKSHAR: 394.57

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


Akshar Spintex PEG Ratio Historical Data

The historical data trend for Akshar Spintex'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.

Akshar Spintex PEG Ratio Chart

Akshar Spintex 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 - - - - 66.00

Akshar Spintex Quarterly Data
Sep18 Mar19 Sep19 Mar20 Sep20 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 - - 66.00 - -

Competitive Comparison of Akshar Spintex's PEG Ratio

For the Textile Manufacturing subindustry, Akshar Spintex'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.


Akshar Spintex's PEG Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Akshar Spintex 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.

Akshar Spintex's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=123.33333333333/0.30
=411.11

* 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.


Akshar Spintex  (NSE:AKSHAR) 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.


Akshar Spintex PEG Ratio Related Terms

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


Akshar Spintex Business Description

Traded in Other Exchanges
Address
150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others. It operates under one segment which is Spinning of Cotton Yarn.

Akshar Spintex Headlines

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