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Zhejiang Zheneng Electric Power Co (SHSE:600023) PEG Ratio : N/A (As of May. 05, 2024)


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What is Zhejiang Zheneng Electric Power Co 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, Zhejiang Zheneng Electric Power Co's PE Ratio without NRI is 10.85. Zhejiang Zheneng Electric Power Co's 5-Year EBITDA growth rate is -8.20%. Therefore, Zhejiang Zheneng Electric Power Co's PEG Ratio for today is N/A.

* 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 Zhejiang Zheneng Electric Power Co's PEG Ratio or its related term are showing as below:


During the past 13 years, Zhejiang Zheneng Electric Power Co's highest PEG Ratio was 2.92. The lowest was 2.47. And the median was 2.74.


SHSE:600023's PEG Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.44
* Ranked among companies with meaningful PEG Ratio only.

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


Zhejiang Zheneng Electric Power Co PEG Ratio Historical Data

The historical data trend for Zhejiang Zheneng Electric Power Co'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.

Zhejiang Zheneng Electric Power Co PEG Ratio Chart

Zhejiang Zheneng Electric Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
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Zhejiang Zheneng Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Zhejiang Zheneng Electric Power Co's PEG Ratio

For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power Co'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.


Zhejiang Zheneng Electric Power Co's PEG Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Zheneng Electric Power Co's PEG Ratio falls into.



Zhejiang Zheneng Electric Power Co 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.

Zhejiang Zheneng Electric Power Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=10.853658536585/-8.20
=N/A

* 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.


Zhejiang Zheneng Electric Power Co  (SHSE:600023) 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.


Zhejiang Zheneng Electric Power Co PEG Ratio Related Terms

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Zhejiang Zheneng Electric Power Co (SHSE:600023) Business Description

Traded in Other Exchanges
N/A
Address
Zhejiang Building, Tianmushan Road, No. 152, Hangzhou, Zhejiang, CHN, 310007
Zhejiang Zheneng Electric Power Co Ltd is engaged in the thermal power generation business in China. It also provides thermal products, as well as invests in nuclear power. The company has expanded its investment scale in the power production field year by year.

Zhejiang Zheneng Electric Power Co (SHSE:600023) Headlines

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