GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IDEX Corp (NYSE:IEX) » Definitions » PEG Ratio

IDEX (IEX) PEG Ratio : 2.85 (As of Apr. 25, 2024)


View and export this data going back to 1989. Start your Free Trial

What is IDEX 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, IDEX's PE Ratio without NRI is 27.91. IDEX's 5-Year EBITDA growth rate is 9.80%. Therefore, IDEX's PEG Ratio for today is 2.85.

* 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 IDEX's PEG Ratio or its related term are showing as below:

IEX' s PEG Ratio Range Over the Past 10 Years
Min: 1.42   Med: 3.11   Max: 9.03
Current: 2.85


During the past 13 years, IDEX's highest PEG Ratio was 9.03. The lowest was 1.42. And the median was 3.11.


IEX's PEG Ratio is ranked worse than
67.27% of 1274 companies
in the Industrial Products industry
Industry Median: 1.71 vs IEX: 2.85

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


IDEX PEG Ratio Historical Data

The historical data trend for IDEX'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.

IDEX PEG Ratio Chart

IDEX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.78 6.79 7.46 4.28 2.49

IDEX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.75 3.04 2.58 2.49 -

Competitive Comparison of IDEX's PEG Ratio

For the Specialty Industrial Machinery subindustry, IDEX'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.


IDEX's PEG Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where IDEX's PEG Ratio falls into.



IDEX 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.

IDEX's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=27.910112359551/9.80
=2.85

* 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.


IDEX  (NYSE:IEX) 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.


IDEX PEG Ratio Related Terms

Thank you for viewing the detailed overview of IDEX's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


IDEX (IEX) Business Description

Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.2 billion in revenue and $763 million in adjusted operating income in 2022.
Executives
Alejandro Quiroz director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Roopa Unnikrishnan officer: SVP, Strategy&Corp Development 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Marc Uleman officer: Senior VP, Group Executive HST 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
William K Grogan officer: SVP - Chief Financial Officer 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Melissa Aquino officer: Former SVP, Group Exec FMT&FSD 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Livingston Satterthwaite director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Eric D Ashleman officer: SVP - Chief Operating Officer 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Stanfield Paris Watts director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Carl R Christenson director C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Katrina L Helmkamp director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
William M Cook director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Mark A Buthman director P O BOX 619100, DALLAS TX 752619100
Lakecia N Gunter director 3100 SANDER ROAD, SUITE 301, NORTHBROOK IL 60062
Mark A Beck director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
David C Parry director 155 HARLEM AVE., GLENVIEW IL 60025

IDEX (IEX) Headlines

From GuruFocus

Q4 2019 IDEX Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 IDEX Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2020 IDEX Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Artemis Announces Sale of STC to IDEX

By PRNewswire 01-09-2024

Q4 2018 IDEX Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2021 IDEX Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2020 IDEX Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2020 IDEX Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024