* 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 Ashtead Group's PEG Ratio or its related term are showing as below:
ASHTF'
s PEG Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.64 Max: 2.32
Current: 1.19
During the past 13 years, Ashtead Group's highest PEG Ratio was 2.32. The lowest was 0.25. And the median was 0.64.
ASHTF's PEG Ratio is ranked better than 55.07% of 434
companies
in the Business Services industry
Industry Median: 1.32
vs ASHTF: 1.19
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Ashtead Group PEG Ratio Historical Data
The historical data trend for Ashtead Group'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.
Competitive Comparison of Ashtead Group's PEG Ratio
For the Rental & Leasing Services subindustry, Ashtead Group'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.
Ashtead Group's PEG Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Ashtead Group's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Ashtead Group's PEG Ratio falls into.
Ashtead Group 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.
Ashtead Group's PEG Ratio for today is calculated as
* 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.
Ashtead Group (OTCPK:ASHTF) 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.
Ashtead Group PEG Ratio Related Terms
Thank you for viewing the detailed overview of Ashtead Group's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Ashtead Group (Ashtead Group) Business Description
Ashtead is an equipment rental business with operations in the U.S., Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the U.S. where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.
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