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MIT Holdings Co (TSE:4016) PEG Ratio : 3.61 (As of Jun. 23, 2024)


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What is MIT Holdings 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, MIT Holdings Co's PE Ratio without NRI is 17.32. MIT Holdings Co's 5-Year EBITDA growth rate is 4.80%. Therefore, MIT Holdings Co's PEG Ratio for today is 3.61.

* 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 MIT Holdings Co's PEG Ratio or its related term are showing as below:

TSE:4016' s PEG Ratio Range Over the Past 10 Years
Min: 3.6   Med: 7.63   Max: 8.37
Current: 3.61


During the past 6 years, MIT Holdings Co's highest PEG Ratio was 8.37. The lowest was 3.60. And the median was 7.63.


TSE:4016's PEG Ratio is ranked worse than
78.04% of 797 companies
in the Software industry
Industry Median: 1.58 vs TSE:4016: 3.61

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


MIT Holdings Co PEG Ratio Historical Data

The historical data trend for MIT Holdings 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.

MIT Holdings Co PEG Ratio Chart

MIT Holdings Co Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
PEG Ratio
Get a 7-Day Free Trial - - - - 7.73

MIT Holdings Co Quarterly Data
Nov18 Nov19 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - 7.73 -

Competitive Comparison of MIT Holdings Co's PEG Ratio

For the Information Technology Services subindustry, MIT Holdings 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.


MIT Holdings Co's PEG Ratio Distribution in the Software Industry

For the Software industry and Technology sector, MIT Holdings Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where MIT Holdings Co's PEG Ratio falls into.



MIT Holdings 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.

MIT Holdings Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=17.315387413605/4.80
=3.61

* 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.


MIT Holdings Co  (TSE:4016) 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.


MIT Holdings Co PEG Ratio Related Terms

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MIT Holdings Co (TSE:4016) Business Description

Traded in Other Exchanges
N/A
Address
2-6-1 Nakase, Chiba Mihama-ku, World Business Garden Marive West 24th Floor, Chiba, JPN, 261-7124
MIT Holdings Co Ltd is engaged in developing an information service business based on IT technology. The company's services include system integration services such as development, operation and maintenance, infrastructure construction; and solution services such as digital books, CAD, face recognition.

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