* 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 Balkrishna Industries's PEG Ratio or its related term are showing as below:
NSE:BALKRISIND'
s PEG Ratio Range Over the Past 10 Years
Min: 1.51 Med: 2.27 Max: 3.38
Current: 3.31
During the past 13 years, Balkrishna Industries's highest PEG Ratio was 3.38. The lowest was 1.51. And the median was 2.27.
NSE:BALKRISIND's PEG Ratio is ranked worse than 76.95% of 551
companies
in the Vehicles & Parts industry
Industry Median: 1.14
vs NSE:BALKRISIND: 3.31
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
* 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 Balkrishna Industries's PEG Ratio
For the Auto Parts subindustry, Balkrishna Industries'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.
Balkrishna Industries's PEG Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Balkrishna Industries's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Balkrishna Industries's PEG Ratio falls into.
Balkrishna Industries 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.
Balkrishna Industries (NSE:BALKRISIND) 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.
Balkrishna Industries PEG Ratio Related Terms
Thank you for viewing the detailed overview of Balkrishna Industries's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Balkrishna Industries (NSE:BALKRISIND) Business Description
Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly owned subsidiaries located in both Europe and North America.
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