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Riddhi Steel and Tube (BOM:540082) PEG Ratio : 6.51 (As of Jun. 06, 2024)


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What is Riddhi Steel and Tube 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, Riddhi Steel and Tube's PE Ratio without NRI is 9.76. Riddhi Steel and Tube's 5-Year EBITDA growth rate is 1.50%. Therefore, Riddhi Steel and Tube's PEG Ratio for today is 6.51.

* 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 Riddhi Steel and Tube's PEG Ratio or its related term are showing as below:

BOM:540082' s PEG Ratio Range Over the Past 10 Years
Min: 0.95   Med: 7.35   Max: 17.49
Current: 6.51


During the past 12 years, Riddhi Steel and Tube's highest PEG Ratio was 17.49. The lowest was 0.95. And the median was 7.35.


BOM:540082's PEG Ratio is ranked worse than
91.88% of 271 companies
in the Steel industry
Industry Median: 0.76 vs BOM:540082: 6.51

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


Riddhi Steel and Tube PEG Ratio Historical Data

The historical data trend for Riddhi Steel and Tube'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.

Riddhi Steel and Tube PEG Ratio Chart

Riddhi Steel and Tube 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 - - - 9.19 7.46

Riddhi Steel and Tube Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 9.19 - 7.46 -

Competitive Comparison of Riddhi Steel and Tube's PEG Ratio

For the Steel subindustry, Riddhi Steel and Tube'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.


Riddhi Steel and Tube's PEG Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Riddhi Steel and Tube's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Riddhi Steel and Tube's PEG Ratio falls into.



Riddhi Steel and Tube 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.

Riddhi Steel and Tube's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=9.7648843382632/1.50
=6.51

* 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.


Riddhi Steel and Tube  (BOM:540082) 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.


Riddhi Steel and Tube PEG Ratio Related Terms

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Riddhi Steel and Tube (BOM:540082) Business Description

Traded in Other Exchanges
N/A
Address
Piplaj Pirana Road, 83/84, Village - Kamod, Post- Aslali, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanized steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS ERW Black and Galvanised Pipes which are used in agriculture, industry and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Section used in engineering application; Pre-Galvanised Pipes used by various manufacturers.

Riddhi Steel and Tube (BOM:540082) Headlines

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