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Ice Make Refrigeration (NSE:ICEMAKE) PEG Ratio : 2.96 (As of May. 26, 2024)


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What is Ice Make Refrigeration 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, Ice Make Refrigeration's PE Ratio without NRI is 31.33. Ice Make Refrigeration's 5-Year EBITDA growth rate is 10.60%. Therefore, Ice Make Refrigeration's PEG Ratio for today is 2.96.

* 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 Ice Make Refrigeration's PEG Ratio or its related term are showing as below:

NSE:ICEMAKE' s PEG Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.4   Max: 11.84
Current: 2.96


During the past 11 years, Ice Make Refrigeration's highest PEG Ratio was 11.84. The lowest was 0.27. And the median was 0.40.


NSE:ICEMAKE's PEG Ratio is ranked worse than
68.83% of 1280 companies
in the Industrial Products industry
Industry Median: 1.76 vs NSE:ICEMAKE: 2.96

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


Ice Make Refrigeration PEG Ratio Historical Data

The historical data trend for Ice Make Refrigeration'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.

Ice Make Refrigeration PEG Ratio Chart

Ice Make Refrigeration 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 0.41 0.37 2.65 8.32 1.83

Ice Make Refrigeration Quarterly Data
Sep18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1.83 - - -

Competitive Comparison of Ice Make Refrigeration's PEG Ratio

For the Specialty Industrial Machinery subindustry, Ice Make Refrigeration'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.


Ice Make Refrigeration's PEG Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ice Make Refrigeration's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Ice Make Refrigeration's PEG Ratio falls into.



Ice Make Refrigeration 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.

Ice Make Refrigeration's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=31.331421058922/10.60
=2.96

* 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.


Ice Make Refrigeration  (NSE:ICEMAKE) 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.


Ice Make Refrigeration PEG Ratio Related Terms

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Ice Make Refrigeration (NSE:ICEMAKE) Business Description

Traded in Other Exchanges
N/A
Address
226, Gota-Vadsar Road, Dantali Industrial Estate, Taluka Kalol, Dantali, Near Ahmedabad City, Gandhinagar, GJ, IND, 382721
Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment being the Manufacturing of Cold Rooms, Freezer, Refrigeration Systems, and chilling Plant. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. The company's product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.

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