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Weihai Tiangang Instrument Co (BJSE:832651) Peter Lynch Fair Value : ¥10.93 (As of Jun. 23, 2024)


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What is Weihai Tiangang Instrument Co Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, Weihai Tiangang Instrument Co's PEG is 1. Weihai Tiangang Instrument Co's 5-Year TTM EBITDA Growth Rate is 9.41. Weihai Tiangang Instrument Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1.16. Therefore, the Peter Lynch Fair Value for today is ¥10.93.

As of today (2024-06-23), Weihai Tiangang Instrument Co's share price is ¥14.30. Weihai Tiangang Instrument Co's Peter Lynch fair value is ¥10.93. Therefore, Weihai Tiangang Instrument Co's Price to Peter Lynch Fair Value Ratio for today is 1.31.


The historical rank and industry rank for Weihai Tiangang Instrument Co's Peter Lynch Fair Value or its related term are showing as below:

BJSE:832651' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.53   Med: 0.97   Max: 1.39
Current: 1.31


During the past 10 years, the highest Price to Peter Lynch Fair Value Ratio of Weihai Tiangang Instrument Co was 1.39. The lowest was 0.53. And the median was 0.97.


BJSE:832651's Price-to-Peter-Lynch-Fair-Value is ranked worse than
50.21% of 731 companies
in the Hardware industry
Industry Median: 1.3 vs BJSE:832651: 1.31

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


Weihai Tiangang Instrument Co Peter Lynch Fair Value Historical Data

The historical data trend for Weihai Tiangang Instrument Co's Peter Lynch Fair Value 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.

Weihai Tiangang Instrument Co Peter Lynch Fair Value Chart

Weihai Tiangang Instrument Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12.02 28.73 22.74 10.93

Weihai Tiangang Instrument Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Peter Lynch Fair Value 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 - - - - -

Competitive Comparison of Weihai Tiangang Instrument Co's Peter Lynch Fair Value

For the Scientific & Technical Instruments subindustry, Weihai Tiangang Instrument Co's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value 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.


Weihai Tiangang Instrument Co's Price-to-Peter-Lynch-Fair-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Weihai Tiangang Instrument Co's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where Weihai Tiangang Instrument Co's Price-to-Peter-Lynch-Fair-Value falls into.



Weihai Tiangang Instrument Co Peter Lynch Fair Value Calculation

Weihai Tiangang Instrument Co's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM EBITDA Growth Rate***EPS without NRI (TTM)
=1* 9.41 *1.162
=10.93

Weihai Tiangang Instrument Co's EPS without NRI for the trailing twelve months (TTM) uses the latest annual data, which was ¥1.16.

* Note that for companies that do not have enough quarterly data to calculate the 5-Year TTM EBITDA Growth Rate, we use the annual data for the calculation.


* 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.

** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.


Weihai Tiangang Instrument Co  (BJSE:832651) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 9.41 instead of 15 in this case.

Weihai Tiangang Instrument Co's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=14.30/10.93
=1.31

* 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.


Weihai Tiangang Instrument Co Peter Lynch Fair Value Related Terms

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Weihai Tiangang Instrument Co (BJSE:832651) Business Description

Traded in Other Exchanges
N/A
Address
No. 28-1, Hengrui Street, Weihai High-tech Industrial Development Zone, Huancui District, Shandong Province, Weihai City, CHN, 264200
Weihai Tiangang Instrument Co Ltd engages in research and development, production, and sales of IoT ultrasonic measuring instruments such as ultrasonic heat meters, ultrasonic flow sensors, data transmission products, and ultrasonic water meters.

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