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ADD Industry (Zhejiang) (SHSE:603089) PEG Ratio : 5.40 (As of May. 25, 2024)


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What is ADD Industry (Zhejiang) 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, ADD Industry (Zhejiang)'s PE Ratio without NRI is 16.20. ADD Industry (Zhejiang)'s 5-Year EBITDA growth rate is 3.00%. Therefore, ADD Industry (Zhejiang)'s PEG Ratio for today is 5.40.

* 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 ADD Industry (Zhejiang)'s PEG Ratio or its related term are showing as below:

SHSE:603089' s PEG Ratio Range Over the Past 10 Years
Min: 1.33   Med: 14.08   Max: 120.9
Current: 5.4


During the past 12 years, ADD Industry (Zhejiang)'s highest PEG Ratio was 120.90. The lowest was 1.33. And the median was 14.08.


SHSE:603089's PEG Ratio is ranked worse than
84.3% of 554 companies
in the Vehicles & Parts industry
Industry Median: 1.14 vs SHSE:603089: 5.40

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


ADD Industry (Zhejiang) PEG Ratio Historical Data

The historical data trend for ADD Industry (Zhejiang)'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.

ADD Industry (Zhejiang) PEG Ratio Chart

ADD Industry (Zhejiang) 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 - - 19.94 33.51 -

ADD Industry (Zhejiang) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of ADD Industry (Zhejiang)'s PEG Ratio

For the Auto Parts subindustry, ADD Industry (Zhejiang)'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.


ADD Industry (Zhejiang)'s PEG Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ADD Industry (Zhejiang)'s PEG Ratio distribution charts can be found below:

* The bar in red indicates where ADD Industry (Zhejiang)'s PEG Ratio falls into.



ADD Industry (Zhejiang) 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.

ADD Industry (Zhejiang)'s PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=16.201413427562/3.00
=5.40

* 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.


ADD Industry (Zhejiang)  (SHSE:603089) 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.


ADD Industry (Zhejiang) PEG Ratio Related Terms

Thank you for viewing the detailed overview of ADD Industry (Zhejiang)'s PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ADD Industry (Zhejiang) (SHSE:603089) Business Description

Traded in Other Exchanges
N/A
Address
38-88 shuanggang road, Zhejiang Province, Yuhuan County, CHN, 317600
ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
Executives
Zheng Lian Ping Director
Liu Yong Director
Ye Wei Ming Supervisors
Chen Ling Hui Directors, senior managers
Zheng Nian Hui Director

ADD Industry (Zhejiang) (SHSE:603089) Headlines

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