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, New Jersey Resources's PE Ratio without NRI is 17.91. New Jersey Resources's 5-Year EBITDA growth rate is 15.80%. Therefore, New Jersey Resources's PEG Ratio for today is 1.13.
* 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 New Jersey Resources's PEG Ratio or its related term are showing as below:
NJR'
s PEG Ratio Range Over the Past 10 Years
Min: 0.77 Med: 2.44 Max: 52.38
Current: 1.13
During the past 13 years, New Jersey Resources's highest PEG Ratio was 52.38. The lowest was 0.77. And the median was 2.44.
NJR's PEG Ratio is ranked better than 62.72% of 287
companies
in the Utilities - Regulated industry
Industry Median: 1.5
vs NJR: 1.13
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
New Jersey Resources PEG Ratio Historical Data
The historical data trend for New Jersey Resources'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 New Jersey Resources's PEG Ratio
For the Utilities - Regulated Gas subindustry, New Jersey Resources'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.
New Jersey Resources's PEG Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, New Jersey Resources's PEG Ratio distribution charts can be found below:
* The bar in red indicates where New Jersey Resources's PEG Ratio falls into.
New Jersey Resources 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.
New Jersey Resources'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.
New Jersey Resources (NYSE:NJR) 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.
New Jersey Resources PEG Ratio Related Terms
Thank you for viewing the detailed overview of New Jersey Resources's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
New Jersey Resources (New Jersey Resources) Business Description
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to more than 575,000 customers in the state. NJR's nonregulated businesses include solar investments primarily in New Jersey and investments in several large midstream natural gas projects.
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