* 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 Parex Resources's PEG Ratio or its related term are showing as below:
TSX:PXT'
s PEG Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.28 Max: 62.77
Current: 0.21
During the past 13 years, Parex Resources's highest PEG Ratio was 62.77. The lowest was 0.10. And the median was 0.28.
TSX:PXT's PEG Ratio is ranked better than 85.53% of 304
companies
in the Oil & Gas industry
Industry Median: 0.915
vs TSX:PXT: 0.21
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Parex Resources PEG Ratio Historical Data
The historical data trend for Parex 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 Parex Resources's PEG Ratio
For the Oil & Gas E&P subindustry, Parex 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.
Parex Resources's PEG Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Parex Resources's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Parex Resources's PEG Ratio falls into.
Parex 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.
* 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.
Parex Resources (TSX:PXT) 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.
Parex Resources PEG Ratio Related Terms
Thank you for viewing the detailed overview of Parex Resources's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Parex Resources Inc engages in exploration, development, and production of crude oil. The company brings technology utilized in the Western Canada Sedimentary Basin to South American basins with large oil-in-place potential. Majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. Parex depends on a team of geologists and geophysicists, in partnership with technologies such as 3D seismic surveying, to help exploration efforts. Oil production is sold to a small basket of participants in South and North America.
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