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Steel Strips Wheels (BOM:513262) PEG Ratio : 0.88 (As of May. 11, 2024)


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What is Steel Strips Wheels 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, Steel Strips Wheels's PE Ratio without NRI is 15.96. Steel Strips Wheels's 5-Year EBITDA growth rate is 18.20%. Therefore, Steel Strips Wheels's PEG Ratio for today is 0.88.

* 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 Steel Strips Wheels's PEG Ratio or its related term are showing as below:

BOM:513262' s PEG Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.03   Max: 23.34
Current: 0.92


During the past 13 years, Steel Strips Wheels's highest PEG Ratio was 23.34. The lowest was 0.62. And the median was 1.03.


BOM:513262's PEG Ratio is ranked better than
58.89% of 540 companies
in the Vehicles & Parts industry
Industry Median: 1.24 vs BOM:513262: 0.92

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


Steel Strips Wheels PEG Ratio Historical Data

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels PEG Ratio Chart

Steel Strips Wheels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 2.13 - 1.20 0.63

Steel Strips Wheels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.73 0.63 0.80 1.00 0.79

Competitive Comparison of Steel Strips Wheels's PEG Ratio

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels's PEG Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's PEG Ratio falls into.



Steel Strips Wheels 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.

Steel Strips Wheels's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=15.958174904943/18.20
=0.88

* 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.


Steel Strips Wheels  (BOM:513262) 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.


Steel Strips Wheels PEG Ratio Related Terms

Thank you for viewing the detailed overview of Steel Strips Wheels's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Steel Strips Wheels (BOM:513262) Business Description

Traded in Other Exchanges
Address
Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheels manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.

Steel Strips Wheels (BOM:513262) Headlines

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