* 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 Greenwave Technology Solutions's PEG Ratio or its related term are showing as below:
During the past 11 years, Greenwave Technology Solutions's highest PEG Ratio was 0.03. The lowest was 0.01. And the median was 0.02.
GWAV's PEG Ratio is not ranked *
in the Waste Management industry.
Industry Median: 1.25 * Ranked among companies with meaningful PEG Ratio only.
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Greenwave Technology Solutions PEG Ratio Historical Data
* 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 Greenwave Technology Solutions's PEG Ratio
For the Waste Management subindustry, Greenwave Technology Solutions'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.
Greenwave Technology Solutions's PEG Ratio Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Greenwave Technology Solutions's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Greenwave Technology Solutions's PEG Ratio falls into.
Greenwave Technology Solutions 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.
Greenwave Technology Solutions (NAS:GWAV) 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.
Greenwave Technology Solutions PEG Ratio Related Terms
Thank you for viewing the detailed overview of Greenwave Technology Solutions's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Greenwave Technology Solutions (Greenwave Technology Solutions) Business Description
Greenwave Technology Solutions Inc, through its subsidiary, is an operator of several metal recycling facilities in Virginia and North Carolina. At these facilities, the company is involved in collecting, classifying, and processing raw scrap metal (ferrous and nonferrous) for recycling. The company's products are selling ferrous metal, which is used in the recycling and production of finished steel. It is categorized into heavy melting steel, plate and structural, and shredded scrap. and it also processes nonferrous metals such as aluminum, copper, stainless steel, nickel, brass, titanium, alloys, and mixed metal products.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GWAV has been successfully added to your 