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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, NetApp's PE Ratio without NRI is 18.67. NetApp's 5-Year EBITDA growth rate is 2.80%. Therefore, NetApp's PEG Ratio for today is 6.67.
* 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 NetApp's PEG Ratio or its related term are showing as below:
During the past 13 years, NetApp's highest PEG Ratio was 560.00. The lowest was 0.46. And the median was 1.69.
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
The historical data trend for NetApp'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.
NetApp Annual Data | |||||||||||||||||||||
Trend | Apr14 | Apr15 | Apr16 | Apr17 | Apr18 | Apr19 | Apr20 | Apr21 | Apr22 | Apr23 | |||||||||||
PEG Ratio | Get a 7-Day Free Trial | 1.12 | 0.58 | 1.51 | 1.96 | 3.52 |
NetApp Quarterly Data | ||||||||||||||||||||
Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
PEG Ratio | Get a 7-Day Free Trial | 3.31 | 3.52 | 4.39 | 5.01 | 3.39 |
For the Computer Hardware subindustry, NetApp'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.
For the Hardware industry and Technology sector, NetApp's PEG Ratio distribution charts can be found below:
* The bar in red indicates where NetApp's PEG Ratio falls into.
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.
NetApp's PEG Ratio for today is calculated as
PEG Ratio | = | PE Ratio without NRI | / | 5-Year EBITDA Growth Rate* |
= | 18.668272539573 | / | 2.80 | |
= | 6.67 |
* 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.
NetApp (NAS:NTAP) 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.
Thank you for viewing the detailed overview of NetApp's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael J Berry | officer: EVP Finance & Operations, CFO | C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063 |
Elizabeth M O'callahan | officer: EVP, GC and Secretary | NETAPP, INC, 3060 OLSEN DRIVE, SAN JOSE CA 95128 |
Cesar Cernuda | officer: President | 1395 CROSSMAN AVENUE, SUNNYVALE CA 94089 |
George Kurian | director, officer: Chief Executive Officer | C/O NETAPP, 495 E. JAVA DRIVE, SUNNYVALE CA 94089 |
Thomas Michael Nevens | director | C/O BORLAND SOFTWARE CORPORATION, 20450 STEVENS CREEK BLVD, SUITE 800, CUPERTINO CA 95014 |
Gerald Held | director | |
Robert Parks | officer: Chief Accounting Officer | C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560 |
Carrie Palin | director | 1801 CALIFORNIA STREET, SUITE 500, DENVER CO 80202 |
Deepak Ahuja | director | C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304 |
Kathryn Hill | director | 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007 |
Scott F. Schenkel | director | C/O EBAY INC., 2025 HAMILTON AVE., SAN JOSE CA 95125 |
George T Shaheen | director | |
Deborah Kerr | director | 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402 |
Harvinder S Bhela | officer: EVP, Chief Product Officer | NETAPP, INC, 3060 OLSEN DRIVE, SAN JOSE CA 95128 |
Matthew K Fawcett | officer: Senior VP, General Counsel | 495 EAST JAVA DRIVE, SUNNYVALE CA 94089 |
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