Greenlam Industries (NSE:GREENLAM) PEG Ratio: 8.13 (As of Jul. 22, 2026) — 83% 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.

NSE:GREENLAM Greenlam Industries Ltd NSE:GREENLAM
94 GF Score
Price ₹248.35
GF Value ₹348.86
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Greenlam Industries PEG Ratio?

Greenlam Industries NSE:GREENLAM -1.68% 94 PEG Ratio is 8.13 as of Jul. 22, 2026, which is 83% above its 10-year median of 4.44. GuruFocus rates NSE:GREENLAM with a GF Score™ of 94/100 and a GF Value™ of ₹348.86 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 145 Furnishings, Fixtures & Appliances companies, Greenlam Industries ranks worse than 88.28% 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, Greenlam Industries's PE Ratio without NRI is 104.83. Greenlam Industries's 5-Year EBITDA growth rate is 12.90%. Therefore, Greenlam Industries's PEG Ratio for today is 8.13.

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

NSE:GREENLAM' s PEG Ratio Range Over the Past 10 Years
Min: 0.97   Med: 4.44   Max: 26.26
Current: 8.13


During the past 13 years, Greenlam Industries's highest PEG Ratio was 26.26. The lowest was 0.97. And the median was 4.44.


NSE:GREENLAM's PEG Ratio is ranked worse than
88.28% of 145 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.01 vs NSE:GREENLAM: 8.13

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


Greenlam Industries  (NSE:GREENLAM) 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.


Greenlam Industries PEG Ratio Related Terms


Greenlam Industries PEG Ratio Historical Data

* Premium members only.

The historical data trend for Greenlam Industries'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.

Greenlam Industries PEG Ratio Chart

Greenlam Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.44 3.45 3.54 6.15 8.39

Greenlam Industries 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 6.15 12.94 15.33 25.35 8.39

NSE:GREENLAM vs SN, SGI, MHK: PEG Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Greenlam Industries'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.


Greenlam Industries PEG Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenlam Industries's PEG Ratio distribution charts can be found below:

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


NSE:GREENLAM
94GF Score
Greenlam Industries Ltd NSE:GREENLAM
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenlam Industries 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.

Greenlam Industries's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=104.83326298016/12.90
=8.13

* 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 8.13 mean?
Greenlam Industries (NSE:GREENLAM) has a PEG Ratio of 8.13 as of Jul. 22, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Greenlam Industries and its competitors. This is 83% above median its historical median of 4.44. Over the past decade, Greenlam Industries' PEG Ratio has ranged from 0.97 to 26.26. According to the industry distribution chart, Greenlam Industries ranks #128 out of 145 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 88.3%.
Is Greenlam Industries' PEG Ratio too high?
Greenlam Industries' current PEG Ratio of 8.13 is 83% above median its 10-year median of 4.44. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 26.26. The Furnishings, Fixtures & Appliances industry median PEG Ratio is 2.01. Greenlam Industries' value of 8.13 is 304.5% above this industry median. Based on the distribution chart, Greenlam Industries ranks #128 out of 145 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Greenlam Industries has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenlam Industries' PEG Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Greenlam Industries ranks #128 out of 145 companies for PEG Ratio. This places Greenlam Industries in the lower half of its industry. The industry median PEG Ratio is 2.01. Greenlam Industries' value of 8.13 is 304.5% above this benchmark. Historically, Greenlam Industries' own PEG Ratio has ranged from 0.97 to 26.26 over the past decade. While the company's 10-year median is 4.44 vs. the industry median of 2.01, Greenlam Industries 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 Furnishings, Fixtures & Appliances company?
The median PEG Ratio among Furnishings, Fixtures & Appliances companies is 2.01, based on 145 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. Greenlam Industries's current PEG Ratio of 8.13 is 304.5% 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 Greenlam Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median PEG Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlam Industries's current PEG Ratio is 8.13, which is 83% above median its own 10-year median of 4.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlam Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenlam Industries (NSE:GREENLAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹348.86, compared to a current price of ₹248.35 — trading 28.8% below its estimated fair value. The current PEG Ratio is 8.13, which is 83% above median its 10-year median of 4.44 and 304.5% above the Furnishings, Fixtures & Appliances industry median of 2.01. Greenlam Industries' overall GF Score™ is 94/100 with 5 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 Greenlam Industries (NSE:GREENLAM), the current PEG Ratio is 8.13 as of Jul. 22, 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 Greenlam Industries (NSE:GREENLAM) Overvalued in 2026?

Based on GuruFocus' analysis, Greenlam Industries stock appears to be undervalued. The current stock price of ₹248.35 is trading 28.8% below its estimated GF Value™ of ₹348.86. GuruFocus considers Greenlam Industries to be Modestly Undervalued.

Key valuation signals for NSE:GREENLAM:

  • PEG Ratio: 8.13 (83% above median its 10-year median of 4.44)
  • GF Value™: ₹348.86 vs. price of ₹248.35 (28.8% below fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 304.5% above the Furnishings, Fixtures & Appliances median (#128 of 145)

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


Greenlam Industries Business Description

Other Exchanges 538979:India
Address Worldmark 1, Aerocity, 203, 2nd Floor. West Wing, IGI Airport Hospitality District, New Delhi, IND, 110 037
Greenlam Industries Ltd d in the business of manufacturing laminates, decorative veneers, engineered wooden Flooring and Doors, and Plywood and allied products through its factories. The firm offers its products under the Greenlam Laminates, Greenlam Clads, NewMika Laminates, NewMika FX, Mikasa Decowood Veneers, and Other brand names. The operating segments of the company are Laminate and Allied products, Veneer and Allied products, and Plywood and Allied products. It generates the majority of its revenue from the Laminate and Allied products segment, which is engaged in the business of manufacturing Laminates and compact laminates. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India.
94GF Score

Get the complete analysis for NSE:GREENLAM

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

₹248.35
Price
₹348.86
GF Value