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Optimax Technology (TPE:3051) PEG Ratio : 4.64 (As of Jun. 03, 2024)


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What is Optimax Technology 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, Optimax Technology's PE Ratio without NRI is 20.86. Optimax Technology's 5-Year EBITDA growth rate is 4.50%. Therefore, Optimax Technology's PEG Ratio for today is 4.64.

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

TPE:3051' s PEG Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.6   Max: 17.69
Current: 4.64


During the past 13 years, Optimax Technology's highest PEG Ratio was 17.69. The lowest was 0.06. And the median was 0.60.


TPE:3051's PEG Ratio is ranked worse than
80.94% of 939 companies
in the Hardware industry
Industry Median: 1.59 vs TPE:3051: 4.64

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


Optimax Technology PEG Ratio Historical Data

The historical data trend for Optimax Technology'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.

Optimax Technology PEG Ratio Chart

Optimax Technology 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 - - 0.39 0.44 14.56

Optimax Technology 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 0.81 2.12 11.17 14.56 17.28

Competitive Comparison of Optimax Technology's PEG Ratio

For the Electronic Components subindustry, Optimax Technology'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.


Optimax Technology's PEG Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optimax Technology's PEG Ratio distribution charts can be found below:

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



Optimax Technology 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.

Optimax Technology's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=20.858895705521/4.50
=4.64

* 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.


Optimax Technology  (TPE:3051) 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.


Optimax Technology PEG Ratio Related Terms

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


Optimax Technology (TPE:3051) Business Description

Traded in Other Exchanges
N/A
Address
No. 37, Lane 659, Ping-Dong Road, Pingzhen District, Taoyuan, TWN, 32465
Optimax Technology Corp operates in the electronic component industry. The company and subsidiaries are engaged in the manufacturing and selling of polarizers. The company offers products for twisted nematics LCD's, super twisted nematic LCD's, and thin film transistor LCD's.

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