* 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 Cleveland-Cliffs's PEG Ratio or its related term are showing as below:
FRA:CVA'
s PEG Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.44 Max: 25.11
Current: 0.55
During the past 13 years, Cleveland-Cliffs's highest PEG Ratio was 25.11. The lowest was 0.05. And the median was 0.44.
FRA:CVA's PEG Ratio is ranked better than 61.48% of 257
companies
in the Steel industry
Industry Median: 0.76
vs FRA:CVA: 0.55
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Cleveland-Cliffs PEG Ratio Historical Data
The historical data trend for Cleveland-Cliffs'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 Cleveland-Cliffs's PEG Ratio
For the Steel subindustry, Cleveland-Cliffs'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.
Cleveland-Cliffs's PEG Ratio Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Cleveland-Cliffs's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Cleveland-Cliffs's PEG Ratio falls into.
Cleveland-Cliffs 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.
Cleveland-Cliffs (FRA:CVA) 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.
Cleveland-Cliffs PEG Ratio Related Terms
Thank you for viewing the detailed overview of Cleveland-Cliffs's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It has one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
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