GURUFOCUS.COM » STOCK LIST » Technology » Software » Coforge Ltd (BOM:532541) » Definitions » PEG Ratio

Coforge (BOM:532541) PEG Ratio : 2.18 (As of Jun. 02, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Coforge 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, Coforge's PE Ratio without NRI is 38.79. Coforge's 5-Year EBITDA growth rate is 17.80%. Therefore, Coforge's PEG Ratio for today is 2.18.

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

BOM:532541' s PEG Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.97   Max: 4.92
Current: 2.18


During the past 13 years, Coforge's highest PEG Ratio was 4.92. The lowest was 0.08. And the median was 1.97.


BOM:532541's PEG Ratio is ranked worse than
63.55% of 782 companies
in the Software industry
Industry Median: 1.59 vs BOM:532541: 2.18

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


Coforge PEG Ratio Historical Data

The historical data trend for Coforge'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.

Coforge PEG Ratio Chart

Coforge Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 2.82 2.75 1.73 2.33

Coforge 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 1.73 2.13 2.42 2.98 2.33

Competitive Comparison of Coforge's PEG Ratio

For the Information Technology Services subindustry, Coforge'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.


Coforge's PEG Ratio Distribution in the Software Industry

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

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



Coforge 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.

Coforge's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=38.787885878297/17.80
=2.18

* 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.


Coforge  (BOM:532541) 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.


Coforge PEG Ratio Related Terms

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


Coforge (BOM:532541) Business Description

Traded in Other Exchanges
Address
Guru Ravi Das Marg, 8, Balaji Estate, Third Floor, Kalkaji, New Delhi, IND, 110 019
Coforge Ltd provides a variety of information technology, or IT, services. The firm's services include infrastructure management, business process, application and network testing, systems integration IP asset-based solutions, and digital services. The company's customers typically operate in the travel and transportation, banking and financial services, insurance, manufacturing, and media industries. The geographical segments of the company include Americas and Canada, Europe, Middle East and Africa, and Asia Pacific.

Coforge (BOM:532541) Headlines

No Headlines