* 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 Zhejiang Lante Optics Co's PEG Ratio or its related term are showing as below:
SHSE:688127'
s PEG Ratio Range Over the Past 10 Years
Min: 3.75 Med: 6.68 Max: 13.22
Current: 12.72
During the past 9 years, Zhejiang Lante Optics Co's highest PEG Ratio was 13.22. The lowest was 3.75. And the median was 6.68.
SHSE:688127's PEG Ratio is ranked worse than 92.58% of 391
companies
in the Semiconductors industry
Industry Median: 1.59
vs SHSE:688127: 12.72
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Zhejiang Lante Optics Co 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 Zhejiang Lante Optics Co's PEG Ratio
For the Semiconductor Equipment & Materials subindustry, Zhejiang Lante Optics 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.
Zhejiang Lante Optics Co's PEG Ratio Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Zhejiang Lante Optics Co's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Lante Optics Co's PEG Ratio falls into.
Zhejiang Lante Optics 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.
* 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.
Zhejiang Lante Optics Co (SHSE:688127) 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.
Zhejiang Lante Optics Co PEG Ratio Related Terms
Thank you for viewing the detailed overview of Zhejiang Lante Optics Co's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhejiang Lante Optics Co (SHSE:688127) Business Description
Zhejiang Lante Optics Co Ltd is engaged in production and sales of optical components. The company produces prisms, lenses, glass wafers, glass aspheric lenses, coatings and lens assembly, and has been involved in traditional optics, optoelectronic displays, photovoltaics, automobiles, lighting, optical communications, semiconductors, consumer electronics, medical, virtual/augmented reality and other fields. The processing and manufacturing of optical products can be found in the core components of high-tech products such as telescopes, microscopes, mobile phone, AR/VR, digital cameras, security monitors, multimedia projectors, sights, image measuring equipment, and automobile interior and exterior decoration.
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