* 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.
During the past 13 years, Hiconics Eco-energy Technology Co's highest PEG Ratio was 36.25. The lowest was 3.01. And the median was 4.43.
SZSE:300048's PEG Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.56 * 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.
Hiconics Eco-energy Technology 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.
Competitive Comparison of Hiconics Eco-energy Technology Co's PEG Ratio
For the Electrical Equipment & Parts subindustry, Hiconics Eco-energy Technology 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.
Hiconics Eco-energy Technology Co's PEG Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hiconics Eco-energy Technology Co's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Hiconics Eco-energy Technology Co's PEG Ratio falls into.
* 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.
Hiconics Eco-energy Technology Co (SZSE:300048) 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.
Hiconics Eco-energy Technology Co PEG Ratio Related Terms
Thank you for viewing the detailed overview of Hiconics Eco-energy Technology Co's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Hiconics Eco-energy Technology Co Business Description
Hiconics Eco-energy Technology Co Ltd is a China-based high-tech enterprise specializing in industrial automation control and new energy equipment. It manufactures high-voltage inverters and transducers in China. The business scope of the company covers industrial automation, new energy vehicles, energy conservation and environmental protection. The product portfolio of the company includes new energy vehicle powertrain, motor controller, auxiliary power system, core components and electrical solutions for inverters, elevator servo systems and control systems and others. Its products have application in electric power, metallurgy, mining, cement, petroleum, municipal, elevator, machine tools, plastics, new energy vehicles, rail transportation, photovoltaic and other industries.
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