The PEG of Super Sales India Limited is N/A
Price/earnings to growth (PEG) ratio is a stock’s P/E ratio divided by a predicted growth rate of its earnings for a time period of 5 years.
= forward PE / 5-year EPS growth rate
The PEG ratio is calculated by dividing the P/E ratio by the company's expected earnings growth rate in the next 5 years. Since using just the P/E ratio would make high-growth companies appear overvalued relative to others, the PEG ratio is considered to be a convenient approximation. PEG is a widely employed indicator of a stock's possible true value.
Similar to P/E ratios, a lower PEG means that the stock is undervalued more. It is favored by many over the price/earnings ratio because it also accounts for growth. The PEG ratio of 1 is sometimes said to represent a fair trade-off between the values of cost and the values of growth, indicating that a stock is reasonably valued given the expected growth. A crude analysis suggests that companies with PEG values between 0 and 1 may provide higher returns. A PEG Ratio can also be a negative number if a stock's present income figure is negative, (negative earnings) or if future earnings are expected to drop (negative growth). PEG ratios calculated from negative present earnings are viewed with skepticism as almost meaningless, other than as an indication of high investment risk.
Super Sales India Limited manufactures and sells yarns in India and internationally. The company operates through three divisions: Agency, Textiles, and Engineering. It sells machinery and equipment, such as blow rooms, cards, draw frames, combers, auto leveler draw frames, speed and ring frames with doffer, compact spinning machines, and autoconers; overhead travelling cleaners, yarn conditioning systems, bobbin transport systems, metal and fire diverters, and automatic cone packing machines; slub and core yarn attachments; motors for spinning machinery and humidification plants; bobbin holders and clearer roller cleaning machines; and specialty lubricants. The company also produces cotton yarns, including hosiery, weaving, and TFO doubled yarns; and weaving, knitting, doubled, core-spun, normal slub/injection slub/multi-count/multi-slub, and industrial yarns. In addition, the company manufactures various spur gears, helical gears, worm & worm wheel gears, timing belt pulleys, bevel gears, sprocket gears, coiler and comber gear box assemblies, and cast nylon gears. The company was formerly known as Super Sales Agencies Limited and changed its name to Super Sales India Limited in 2005. Super Sales India Limited was founded in 1981 and is headquartered in Coimbatore, India.