GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paramount Resources Ltd (OTCPK:PRMRF) » Definitions » PEG Ratio

PRMRF (Paramount Resources) PEG Ratio : 0.66 (As of Dec. 15, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Paramount Resources 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, Paramount Resources's PE Ratio without NRI is 18.15. Paramount Resources's 5-Year EBITDA growth rate is 27.30%. Therefore, Paramount Resources's PEG Ratio for today is 0.66.

* 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 Paramount Resources's PEG Ratio or its related term are showing as below:

PRMRF' s PEG Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.65   Max: 3.37
Current: 0.7


During the past 13 years, Paramount Resources's highest PEG Ratio was 3.37. The lowest was 0.33. And the median was 0.65.


PRMRF's PEG Ratio is ranked better than
52.36% of 296 companies
in the Oil & Gas industry
Industry Median: 0.74 vs PRMRF: 0.70

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


Paramount Resources PEG Ratio Historical Data

The historical data trend for Paramount Resources'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.

Paramount Resources PEG Ratio Chart

Paramount Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.71 0.48

Paramount Resources 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 0.41 0.48 0.61 0.78 0.76

Competitive Comparison of Paramount Resources's PEG Ratio

For the Oil & Gas E&P subindustry, Paramount Resources'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.


Paramount Resources's PEG Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Paramount Resources's PEG Ratio falls into.



Paramount Resources 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.

Paramount Resources's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=18.150975402884/27.30
=0.66

* 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.


Paramount Resources  (OTCPK:PRMRF) 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.


Paramount Resources PEG Ratio Related Terms

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


Paramount Resources Business Description

Traded in Other Exchanges
Address
332 6th Avenue SW, Suite 1400, Calgary, AB, CAN, T2P 0R4
Paramount Resources Ltd is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount's products are priced in a multitude of markets that span the United States and Canada. Depending on the product, contracts can have daily, monthly, or long-term agreements. Assets for exploration and production are acquired by way of royalties that are paid to provincial governments and freehold landowners.

Paramount Resources Headlines

From GuruFocus

Paramount Resources Ltd's Dividend Analysis

By GuruFocus Research 01-12-2024

Paramount Resources Ltd's Dividend Analysis

By GuruFocus Research 10-12-2023