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Brighten Optix (ROCO:6747) PEG Ratio : 1.82 (As of Dec. 15, 2024)


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What is Brighten Optix 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, Brighten Optix's PE Ratio without NRI is 25.89. Brighten Optix's 5-Year EBITDA growth rate is 14.20%. Therefore, Brighten Optix's PEG Ratio for today is 1.82.

* 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 Brighten Optix's PEG Ratio or its related term are showing as below:

ROCO:6747' s PEG Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.44   Max: 3.37
Current: 1.84


During the past 9 years, Brighten Optix's highest PEG Ratio was 3.37. The lowest was 0.89. And the median was 1.44.


ROCO:6747's PEG Ratio is ranked better than
52.57% of 253 companies
in the Medical Devices & Instruments industry
Industry Median: 1.92 vs ROCO:6747: 1.84

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


Brighten Optix PEG Ratio Historical Data

The historical data trend for Brighten Optix'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.

Brighten Optix PEG Ratio Chart

Brighten Optix Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only - - 2.42 0.94 -

Brighten Optix 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 - - 0.99 1.42 3.39

Competitive Comparison of Brighten Optix's PEG Ratio

For the Medical Devices subindustry, Brighten Optix'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.


Brighten Optix's PEG Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Brighten Optix's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Brighten Optix's PEG Ratio falls into.



Brighten Optix 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.

Brighten Optix's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=25.892690222471/14.20
=1.82

* 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.


Brighten Optix  (ROCO:6747) 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.


Brighten Optix PEG Ratio Related Terms

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


Brighten Optix Business Description

Traded in Other Exchanges
N/A
Address
No. 150, Chengde Road, 6th Floor-1, Section 4, Shilin District, Taipei, TWN, 111
Brighten Optix Corp is a Taiwan-based company engaged in the manufacturing of contact lenses. The product offerings of the company include Corneal plastic film, Hard contact lenses, Customized soft contact lenses, Hard potion, and Other ancillary products.

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