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Globe Textiles (India) (NSE:GLOBE) PEG Ratio : 0.86 (As of Apr. 27, 2024)


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What is Globe Textiles (India) 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, Globe Textiles (India)'s PE Ratio without NRI is 11.20. Globe Textiles (India)'s 5-Year EBITDA growth rate is 13.00%. Therefore, Globe Textiles (India)'s PEG Ratio for today is 0.86.

* 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 Globe Textiles (India)'s PEG Ratio or its related term are showing as below:

NSE:GLOBE' s PEG Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.27   Max: 12.54
Current: 0.86


During the past 12 years, Globe Textiles (India)'s highest PEG Ratio was 12.54. The lowest was 0.29. And the median was 1.27.


NSE:GLOBE's PEG Ratio is ranked better than
64.57% of 350 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.515 vs NSE:GLOBE: 0.86

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


Globe Textiles (India) PEG Ratio Historical Data

The historical data trend for Globe Textiles (India)'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.

Globe Textiles (India) PEG Ratio Chart

Globe Textiles (India) 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 0.43 0.25 - 1.46 0.56

Globe Textiles (India) Quarterly Data
Sep18 Mar19 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 - 0.56 - - -

Competitive Comparison of Globe Textiles (India)'s PEG Ratio

For the Textile Manufacturing subindustry, Globe Textiles (India)'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.


Globe Textiles (India)'s PEG Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe Textiles (India)'s PEG Ratio distribution charts can be found below:

* The bar in red indicates where Globe Textiles (India)'s PEG Ratio falls into.



Globe Textiles (India) 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.

Globe Textiles (India)'s PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=11.198738170347/13.00
=0.86

* 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.


Globe Textiles (India)  (NSE:GLOBE) 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.


Globe Textiles (India) PEG Ratio Related Terms

Thank you for viewing the detailed overview of Globe Textiles (India)'s PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Globe Textiles (India) (NSE:GLOBE) Business Description

Traded in Other Exchanges
N/A
Address
Ahmedabad Apparel Park, Plot No. 38 to 41, GIDC Khokhra, Ahmedabad, GJ, IND, 380008
Globe Textiles (India) Ltd manufactures, supplies, and trades textile and apparel products and services from fiber to fashion. The company products include Denim and Non-Denim Fabrics, Shirting Fabrics, Printed Fabrics, Home Textiles, Jeans, and Yarns. The company has its operations in India and outside India.

Globe Textiles (India) (NSE:GLOBE) Headlines

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