* 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 The Hi-Tech Gears's PEG Ratio or its related term are showing as below:
NSE:HITECHGEAR'
s PEG Ratio Range Over the Past 10 Years
Min: 1.23 Med: 1.66 Max: 2.73
Current: 2.73
During the past 13 years, The Hi-Tech Gears's highest PEG Ratio was 2.73. The lowest was 1.23. And the median was 1.66.
NSE:HITECHGEAR's PEG Ratio is ranked worse than 72.74% of 576
companies
in the Vehicles & Parts industry
Industry Median: 1.15
vs NSE:HITECHGEAR: 2.73
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
The Hi-Tech Gears PEG Ratio Historical Data
The historical data trend for The Hi-Tech Gears'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.
Competitive Comparison of The Hi-Tech Gears's PEG Ratio
For the Auto Parts subindustry, The Hi-Tech Gears'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.
The Hi-Tech Gears's PEG Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's PEG Ratio distribution charts can be found below:
* The bar in red indicates where The Hi-Tech Gears's PEG Ratio falls into.
The Hi-Tech Gears 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.
* 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.
The Hi-Tech Gears (NSE:HITECHGEAR) 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.
The Hi-Tech Gears PEG Ratio Related Terms
Thank you for viewing the detailed overview of The Hi-Tech Gears's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
The Hi-Tech Gears (NSE:HITECHGEAR) Business Description
The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is primarily engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzer, clutches, steering wheels, steering columns and steering boxes. The company's product includes power takeoff, car transmission and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:HITECHGEAR has been successfully added to your 