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Meridian Bancorp (Meridian Bancorp) Peter Lynch Fair Value : $8.26 (As of Apr. 26, 2024)


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What is Meridian Bancorp Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, Meridian Bancorp's PEG is 1. Meridian Bancorp's 5-Year TTM Book Value Growth Rate is 6.4. Meridian Bancorp's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2021 was $1.29. Therefore, the Peter Lynch Fair Value for today is $8.26.

As of today (2024-04-26), Meridian Bancorp's share price is $24.15. Meridian Bancorp's Peter Lynch fair value is $8.26. Therefore, Meridian Bancorp's Price to Peter Lynch Fair Value Ratio for today is 2.93.


The historical rank and industry rank for Meridian Bancorp's Peter Lynch Fair Value or its related term are showing as below:

EBSB' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.81   Med: 1.46   Max: 6.75
Current: 2.36


During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of Meridian Bancorp was 6.75. The lowest was 0.81. And the median was 1.46.


EBSB's Price-to-Peter-Lynch-Fair-Value is not ranked
in the Banks industry.
Industry Median: 0.87 vs EBSB: 2.36

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


Meridian Bancorp Peter Lynch Fair Value Historical Data

The historical data trend for Meridian Bancorp's Peter Lynch Fair Value 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.

Meridian Bancorp Peter Lynch Fair Value Chart

Meridian Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.25 20.50 17.72 6.90 8.08

Meridian Bancorp Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Peter Lynch Fair Value 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 7.59 8.08 9.83 9.91 10.24

Competitive Comparison of Meridian Bancorp's Peter Lynch Fair Value

For the Banks - Regional subindustry, Meridian Bancorp's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value 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.


Meridian Bancorp's Price-to-Peter-Lynch-Fair-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Meridian Bancorp's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where Meridian Bancorp's Price-to-Peter-Lynch-Fair-Value falls into.



Meridian Bancorp Peter Lynch Fair Value Calculation

Meridian Bancorp's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM Book Value Growth Rate***EPS without NRI (TTM)
=1* 6.4 *1.29
=8.26

Meridian Bancorp's EPS without NRI for the trailing twelve months (TTM) uses the latest annual data, which was $1.29.

* Note that for companies that do not have enough quarterly data to calculate the 5-Year TTM EBITDA Growth Rate, we use the annual data for the calculation.


* 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.

** Please be aware that the 5-Year TTM Book Value Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data is the latest quarter data. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.


Meridian Bancorp  (NAS:EBSB) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of Book Value per share over the past 5 years, which is 6.4 instead of 15 in this case.

Meridian Bancorp's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=24.15/8.26
=2.93

* 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.


Meridian Bancorp Peter Lynch Fair Value Related Terms

Thank you for viewing the detailed overview of Meridian Bancorp's Peter Lynch Fair Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Meridian Bancorp (Meridian Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
67 Prospect Street, Peabody, MA, USA, 01960
Meridian Bancorp Inc operates as a bank. It provides services such as checking, savings, loans, credit cards, corporate banking, commercial banking, cash management, institutional banking, personal online banking, business online banking, and other banking services. The bank generates its revenue in the form of net interests.
Executives
Kenneth R Fisher officer: EVP, Treasurer and CFO 67 PROSPECT STREET, PEABODY MA 01960
Anna R Dimaria director 10 MERIDIAN STREET EAST BOSTON MA 02128
Gregory F Natalucci director 10 MERIDIAN STREET EAST BOSTON MA 02128
Thomas J Gunning director 10 MERIDIAN STREET EAST BOSTON MA 02128
Edward J Merritt director, officer: EVP 10 MERIDIAN STREET EAST BOSTON MA 02128
Marilyn A Censullo director 10 MERIDAIN STREET EAST BOSTON MA 02128
Domenic A Gambardella director 10 MERIDIAN STREET EAST BOSTON MA 02128
Cynthia C Carney director 67 PROSPECT STREET PEABODY MA 01960
John Migliozzi officer: EVP 67 PROSPECT STREET, PEABODY MA 01960
Mark L Abbate officer: EVP, Treasurer and CFO 81 MAIN STREET MEDWAY MA 02053
Carl Lagreca director 10 MERIDIAN STREET EAST BOSTON MA 02128
Richard J Gavegnano director, officer: Chairman, President and CEO 10 MERIDIAN STREET EAST BOSTON MA 02128
James G Sartori director 10 MERIDIAN STREET EAST BOSTON MA 02128
Frank Romano officer: EVP 67 PROSPECT STREET PEABODY MA 01960
Peter F Scolaro director 67 PROSPECT STREET PEABODY MA 01960

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