ZF Steering Gear (India) (NSE:ZFSTEERING) PEG Ratio: 3.39 (As of Aug. 05, 2026) — 22% 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:ZFSTEERING ZF Steering Gear (India) Ltd NSE:ZFSTEERING
67 GF Score
Price ₹665.95
GF Value ₹84.68
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is ZF Steering Gear (India) PEG Ratio?

ZF Steering Gear (India) NSE:ZFSTEERING -1.92% 67 PEG Ratio is 3.39 as of Aug. 05, 2026, which is 22% above its 10-year median of 2.79. GuruFocus rates NSE:ZFSTEERING with a GF Score™ of 67/100 and a GF Value™ of ₹84.68 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 672 Vehicles & Parts companies, ZF Steering Gear (India) ranks worse than 77.68% 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, ZF Steering Gear (India)'s PE Ratio without NRI is 40.28. ZF Steering Gear (India)'s 5-Year EBITDA growth rate is 11.90%. Therefore, ZF Steering Gear (India)'s PEG Ratio for today is 3.39.

* 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 ZF Steering Gear (India)'s PEG Ratio or its related term are showing as below:

NSE:ZFSTEERING' s PEG Ratio Range Over the Past 10 Years
Min: 0.62   Med: 2.79   Max: 5.54
Current: 3.4


During the past 13 years, ZF Steering Gear (India)'s highest PEG Ratio was 5.54. The lowest was 0.62. And the median was 2.79.


NSE:ZFSTEERING's PEG Ratio is ranked worse than
77.68% of 672 companies
in the Vehicles & Parts industry
Industry Median: 1.145 vs NSE:ZFSTEERING: 3.40

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


ZF Steering Gear (India)  (NSE:ZFSTEERING) 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.


ZF Steering Gear (India) PEG Ratio Related Terms


ZF Steering Gear (India) PEG Ratio Historical Data

* Premium members only.

The historical data trend for ZF Steering Gear (India)'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.

ZF Steering Gear (India) PEG Ratio Chart

ZF Steering Gear (India) 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 0.00 0.00 0.00 6.06 3.40

ZF Steering Gear (India) 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 6.06 3.88 5.34 3.05 3.40

NSE:ZFSTEERING vs ORLY, AZO: PEG Ratio Comparison

For the Auto Parts subindustry, ZF Steering Gear (India)'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.


ZF Steering Gear (India) PEG Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Steering Gear (India)'s PEG Ratio distribution charts can be found below:

* The bar in red indicates where ZF Steering Gear (India)'s PEG Ratio falls into.


NSE:ZFSTEERING
67GF Score
ZF Steering Gear (India) Ltd NSE:ZFSTEERING
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZF Steering Gear (India) 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.

ZF Steering Gear (India)'s PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=40.282482458263/11.90
=3.39

* 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 3.39 mean?
ZF Steering Gear (India) (NSE:ZFSTEERING) has a PEG Ratio of 3.39 as of Aug. 05, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on ZF Steering Gear (India) and its competitors. This is 22% above median its historical median of 2.79. Over the past decade, ZF Steering Gear (India)'s PEG Ratio has ranged from 0.62 to 5.54. According to the industry distribution chart, ZF Steering Gear (India) ranks #522 out of 672 companies in the Vehicles & Parts industry, placing it in the top 77.7%.
Is ZF Steering Gear (India)'s PEG Ratio too high?
ZF Steering Gear (India)'s current PEG Ratio of 3.39 is 22% above median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 5.54. The Vehicles & Parts industry median PEG Ratio is 1.15. ZF Steering Gear (India)'s value of 3.39 is 196.1% above this industry median. Based on the distribution chart, ZF Steering Gear (India) ranks #522 out of 672 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, ZF Steering Gear (India) has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZF Steering Gear (India)'s PEG Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, ZF Steering Gear (India) ranks #522 out of 672 companies for PEG Ratio. This places ZF Steering Gear (India) in the lower half of its industry. The industry median PEG Ratio is 1.15. ZF Steering Gear (India)'s value of 3.39 is 196.1% above this benchmark. Historically, ZF Steering Gear (India)'s own PEG Ratio has ranged from 0.62 to 5.54 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 1.15, ZF Steering Gear (India) 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 Vehicles & Parts company?
The median PEG Ratio among Vehicles & Parts companies is 1.15, based on 672 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. ZF Steering Gear (India)'s current PEG Ratio of 3.39 is 196.1% 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 ZF Steering Gear (India) and its competitors. For the Vehicles & Parts industry, the median PEG Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZF Steering Gear (India)'s current PEG Ratio is 3.39, which is 22% above median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZF Steering Gear (India) stock overvalued right now?
Based on GuruFocus' analysis, ZF Steering Gear (India) (NSE:ZFSTEERING) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹84.68, compared to a current price of ₹665.95 — trading 686.4% above its estimated fair value. The current PEG Ratio is 3.39, which is 22% above median its 10-year median of 2.79 and 196.1% above the Vehicles & Parts industry median of 1.15. ZF Steering Gear (India)'s overall GF Score™ is 67/100 with 1 warning sign 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 ZF Steering Gear (India) (NSE:ZFSTEERING), the current PEG Ratio is 3.39 as of Aug. 05, 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 ZF Steering Gear (India) (NSE:ZFSTEERING) Overvalued in 2026?

Based on GuruFocus' analysis, ZF Steering Gear (India) stock appears to be overvalued. The current stock price of ₹665.95 is trading 686.4% above its estimated GF Value™ of ₹84.68. GuruFocus considers ZF Steering Gear (India) to be Significantly Overvalued.

Key valuation signals for NSE:ZFSTEERING:

  • PEG Ratio: 3.39 (22% above median its 10-year median of 2.79)
  • GF Value™: ₹84.68 vs. price of ₹665.95 (686.4% above fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 196.1% above the Vehicles & Parts median (#522 of 672)

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


ZF Steering Gear (India) Business Description

Other Exchanges 505163:India
Address Gat No. 1242 and 1244, Village Vadu Budruk, Near Koregaon Bhima, Taluka - Shirur, Pune, MH, IND, 412 216
ZF Steering Gear (India) Ltd produces and assembles steering systems for vehicles, buses, and tractors. The segment in which the group operates includes Auto Component and Renewable Energy. The company's product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gears boxes, and power steering oil dexron II. ZF Steering operates its business activity through the plant located in Vadu Budruk, Pune. The company generates the majority of its revenue from the Auto component, which is engaged in the manufacturing of auto components.
67GF Score

Get the complete analysis for NSE:ZFSTEERING

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

₹665.95
Price
₹84.68
GF Value