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Stock Yards Bancorp (Stock Yards Bancorp) Peter Lynch Fair Value

: $48.68 (As of Today)
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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, Stock Yards Bancorp's PEG is 1. Stock Yards Bancorp's 5-Year TTM Book Value Growth Rate is 13.26. Stock Yards Bancorp's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3.67. Therefore, the Peter Lynch Fair Value for today is $48.68.

As of today (2024-04-18), Stock Yards Bancorp's share price is $42.36. Stock Yards Bancorp's Peter Lynch fair value is $48.68. Therefore, Stock Yards Bancorp's Price to Peter Lynch Fair Value Ratio for today is 0.87.


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

SYBT' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.86   Med: 1.65   Max: 2.77
Current: 0.86


During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of Stock Yards Bancorp was 2.77. The lowest was 0.86. And the median was 1.65.


SYBT's Price-to-Peter-Lynch-Fair-Value is ranked better than
50.22% of 693 companies
in the Banks industry
Industry Median: 0.86 vs SYBT: 0.86

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


Stock Yards Bancorp Peter Lynch Fair Value Historical Data

The historical data trend for Stock Yards 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.

Stock Yards Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Peter Lynch Fair Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.84 22.02 43.24 50.77 49.23

Stock Yards Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Peter Lynch Fair Value 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 Premium Member Only Premium Member Only Premium Member Only 50.77 52.64 52.91 52.09 49.23

Competitive Comparison

For the Banks - Regional subindustry, Stock Yards 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.


Stock Yards Bancorp Price-to-Peter-Lynch-Fair-Value Distribution

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

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



Stock Yards Bancorp Peter Lynch Fair Value Calculation

Stock Yards 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* 13.26 *3.671
=48.68

Stock Yards Bancorp's EPS without NRI for the trailing twelve months (TTM) uses the latest annual data, which was $3.67.

* 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.


Stock Yards Bancorp  (NAS:SYBT) 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 13.26 instead of 15 in this case.

Stock Yards 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
=42.36/48.68
=0.87

* 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.


Stock Yards Bancorp Peter Lynch Fair Value Related Terms

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


Stock Yards Bancorp (Stock Yards Bancorp) Business Description

Traded in Other Exchanges
Address
1040 East Main Street, Louisville, KY, USA, 40206
Stock Yards Bancorp Inc operates as a bank. The bank has two reportable operating segments namely Commercial Banking and Wealth management and trust. Its services include loan and deposit services, cash management services, securities brokerage activities, mortgage origination, and others. It generates a majority of its revenue from the Commercial Banking segment.
Executives
Kathy C Thompson director, officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890
Allison Donovan director PO BOX 32890, LOUISVILLE KY 40232
James A Hillebrand officer: Executive Vice President 13308 LONGWOOD LANE, GOSHEN KY 40026
David P Heintzman director, officer: President PO BOX 32890, LOUISVILLE KY 40232-2890
Shannon Bishop Arvin director PO BOX 157, PARIS KY 40362-0157
Richard A Lechleiter director PO BOX 32890, LOUISVILLE KY 40232-2890
John Schutte director 9707 SHELBYVILLE ROAD, LOUISVILLE KY 40233
Carl G Herde director 8210 LIMEHOUSE LANE, LOUISVILLE KY 40220
Michael Croce officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890
Michael Rehm officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232
Philip Poindexter officer: Executive Vice President 320 MOCKINGBIRD HILL ROAD, LOUISVILLE KY 40207
Laura L Wells director PO BOX 32890, LOUISVILLE KY 40232
Bickel Paul J Iii director PO BOX 32890, LOUISVILLE KY 40232
Stephen M Priebe director PO BOX 32890, LOUISVILLE KY 40232-2890
William Dishman officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890