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JA Solar Technology Co (SZSE:002459) PEG Ratio : 0.36 (As of May. 16, 2024)


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What is JA Solar Technology Co 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, JA Solar Technology Co's PE Ratio without NRI is 7.68. JA Solar Technology Co's 5-Year EBITDA growth rate is 21.60%. Therefore, JA Solar Technology Co's PEG Ratio for today is 0.36.

* 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 JA Solar Technology Co's PEG Ratio or its related term are showing as below:

SZSE:002459' s PEG Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.29   Max: 0.47
Current: 0.36


During the past 13 years, JA Solar Technology Co's highest PEG Ratio was 0.47. The lowest was 0.14. And the median was 0.29.


SZSE:002459's PEG Ratio is ranked better than
88.43% of 389 companies
in the Semiconductors industry
Industry Median: 1.62 vs SZSE:002459: 0.36

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


JA Solar Technology Co PEG Ratio Historical Data

The historical data trend for JA Solar Technology Co'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.

JA Solar Technology Co PEG Ratio Chart

JA Solar Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.66 0.34 0.34

JA Solar Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.24 0.25 0.19 0.34 0.41

Competitive Comparison of JA Solar Technology Co's PEG Ratio

For the Solar subindustry, JA Solar Technology Co'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.


JA Solar Technology Co's PEG Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JA Solar Technology Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where JA Solar Technology Co's PEG Ratio falls into.



JA Solar Technology Co 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.

JA Solar Technology Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=7.6810016330974/21.60
=0.36

* 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.


JA Solar Technology Co  (SZSE:002459) 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.


JA Solar Technology Co PEG Ratio Related Terms

Thank you for viewing the detailed overview of JA Solar Technology Co's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


JA Solar Technology Co (SZSE:002459) Business Description

Traded in Other Exchanges
N/A
Address
East Auto Museum Road, Building 8, Noble Center, Fengtai District, Beijing, CHN, 100160
JA Solar Technology Co Ltd is engaged in production and sales of silicon wafers, solar cells and solar cell modules, as well as the development, construction and operation of solar photovoltaic power stations. The company produces monocrystalline silicon rods and monocrystalline silicon wafers; solar cells and modules; research and development of solar products; sales of solar cells, modules and related products and raw materials; solar photovoltaic grid-connected power generation and sales of electricity.

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