* 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.
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) 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 Provincial New Energy Investment Group Co PEG Ratio Related Terms
Zhejiang Provincial New Energy Investment Group Co PEG Ratio Historical Data
* 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.
Zhejiang Provincial New Energy Investment Group Co PEG Ratio Chart
Zhejiang Provincial New Energy Investment Group Co Annual Data
* 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 Provincial New Energy Investment Group Co PEG Ratio vs Utilities - Independent Power Producers Industry
* 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 Provincial New Energy Investment Group Co (SHSE:600032) has a PEG Ratio of 4.99 as of Jul. 07, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Zhejiang Provincial New Energy Investment Group Co and its competitors. This is 22% above median its historical median of 4.10. Over the past decade, Zhejiang Provincial New Energy Investment Group Co's PEG Ratio has ranged from 1.41 to 16.94. According to the industry distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #102 out of 139 companies in the Utilities - Independent Power Producers industry, placing it in the top 73.4%.
Is Zhejiang Provincial New Energy Investment Group Co's PEG Ratio too high?
Zhejiang Provincial New Energy Investment Group Co's current PEG Ratio of 4.99 is 22% above median its 10-year median of 4.10. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 16.94. The Utilities - Independent Power Producers industry median PEG Ratio is 2.01. Zhejiang Provincial New Energy Investment Group Co's value of 4.99 is 148.3% above this industry median. Based on the distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #102 out of 139 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Zhejiang Provincial New Energy Investment Group Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Provincial New Energy Investment Group Co's PEG Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #102 out of 139 companies for PEG Ratio. This places Zhejiang Provincial New Energy Investment Group Co in the lower half of its industry. The industry median PEG Ratio is 2.01. Zhejiang Provincial New Energy Investment Group Co's value of 4.99 is 148.3% above this benchmark. Historically, Zhejiang Provincial New Energy Investment Group Co's own PEG Ratio has ranged from 1.41 to 16.94 over the past decade. While the company's 10-year median is 4.10 vs. the industry median of 2.01, Zhejiang Provincial New Energy Investment Group Co 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 an Utilities - Independent Power Producers company?
The median PEG Ratio among Utilities - Independent Power Producers companies is 2.01, based on 139 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. Zhejiang Provincial New Energy Investment Group Co's current PEG Ratio of 4.99 is 148.3% 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 Zhejiang Provincial New Energy Investment Group Co and its competitors. For the Utilities - Independent Power Producers industry, the median PEG Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Provincial New Energy Investment Group Co's current PEG Ratio is 4.99, which is 22% above median its own 10-year median of 4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Provincial New Energy Investment Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.51, compared to a current price of ¥6.64 — trading 11.6% below its estimated fair value. The current PEG Ratio is 4.99, which is 22% above median its 10-year median of 4.10 and 148.3% above the Utilities - Independent Power Producers industry median of 2.01. Zhejiang Provincial New Energy Investment Group Co's overall GF Score™ is 69/100 with 9 warning signs 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 Zhejiang Provincial New Energy Investment Group Co (SHSE:600032), the current PEG Ratio is 4.99 as of Jul. 07, 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 Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Provincial New Energy Investment Group Co stock appears to be undervalued.
The current stock price of ¥6.64 is trading 11.6% below its estimated GF Value™ of ¥7.51.
GuruFocus considers Zhejiang Provincial New Energy Investment Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600032:
PEG Ratio: 4.99 (22% above median its 10-year median of 4.10)
GF Value™: ¥7.51 vs. price of ¥6.64 (11.6% below fair value)
Industry Position: 148.3% above the Utilities - Independent Power Producers median (#102 of 139)
No single metric tells the full story. See the SHSE:600032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Provincial New Energy Investment Group Co Business Description
Zhejiang Provincial New Energy Investment Group Co Ltd is engaged in the investment, development, construction and operation management of renewable energy projects such as hydropower, photovoltaic power generation, and wind power generation.
69GF Score
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