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Ardmore Shipping (Ardmore Shipping) PEG Ratio : 0.16 (As of May. 11, 2024)


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What is Ardmore Shipping 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, Ardmore Shipping's PE Ratio without NRI is 7.46. Ardmore Shipping's 5-Year EBITDA growth rate is 48.00%. Therefore, Ardmore Shipping's PEG Ratio for today is 0.16.

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

ASC' s PEG Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.32
Current: 0.16


During the past 13 years, Ardmore Shipping's highest PEG Ratio was 0.32. The lowest was 0.00. And the median was 0.00.


ASC's PEG Ratio is ranked better than
92.61% of 433 companies
in the Transportation industry
Industry Median: 1.17 vs ASC: 0.16

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


Ardmore Shipping PEG Ratio Historical Data

The historical data trend for Ardmore Shipping'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.

Ardmore Shipping PEG Ratio Chart

Ardmore Shipping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
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Ardmore Shipping Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Ardmore Shipping's PEG Ratio

For the Marine Shipping subindustry, Ardmore Shipping'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.


Ardmore Shipping's PEG Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's PEG Ratio distribution charts can be found below:

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



Ardmore Shipping 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.

Ardmore Shipping's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=7.4615384615385/48.00
=0.16

* 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.


Ardmore Shipping  (NYSE:ASC) 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.


Ardmore Shipping PEG Ratio Related Terms

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Ardmore Shipping (Ardmore Shipping) Business Description

Traded in Other Exchanges
Address
69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08
Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. Its main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.