GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » VCredit Holdings Ltd (HKSE:02003) » Definitions » PEG Ratio

VCredit Holdings (HKSE:02003) PEG Ratio : 0.25 (As of May. 13, 2024)


View and export this data going back to 2018. Start your Free Trial

What is VCredit Holdings PEG Ratio?

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, VCredit Holdings's PE Ratio without NRI is 2.27. VCredit Holdings's 5-Year Book Value growth rate is 9.20%. Therefore, VCredit Holdings's PEG Ratio for today is 0.25.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value 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 VCredit Holdings's PEG Ratio or its related term are showing as below:

HKSE:02003' s PEG Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.24   Max: 0.26
Current: 0.25


During the past 9 years, VCredit Holdings's highest PEG Ratio was 0.26. The lowest was 0.21. And the median was 0.24.


HKSE:02003's PEG Ratio is ranked better than
88.89% of 207 companies
in the Credit Services industry
Industry Median: 1.13 vs HKSE:02003: 0.25

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


VCredit Holdings PEG Ratio Historical Data

The historical data trend for VCredit Holdings'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.

VCredit Holdings PEG Ratio Chart

VCredit Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only - - - - 0.24

VCredit Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 0.24

Competitive Comparison of VCredit Holdings's PEG Ratio

For the Credit Services subindustry, VCredit Holdings'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.


VCredit Holdings's PEG Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, VCredit Holdings's PEG Ratio distribution charts can be found below:

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



VCredit Holdings 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 Book Value growth rate.

VCredit Holdings's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=2.2669283611384/9.20
=0.25

* 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 Book Value Growth Rate is the 5-year average Book Value 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.


VCredit Holdings  (HKSE:02003) 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.


VCredit Holdings PEG Ratio Related Terms

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


VCredit Holdings (HKSE:02003) Business Description

Traded in Other Exchanges
Address
19/F Two Pacific Place, Suite 1918, 88 Queensway, Hong Kong, HKG, 200085
VCredit Holdings Ltd is an investment holding company and has one operating segment. The Group is a technology-driven consumer financial service provider in the People's Republic of China. The Group offers tailored consumer finance products to prime and near-prime borrowers who are underserved by traditional financial institutions. The Group also offers consumer finance products by facilitating transactions between borrowers and financial institutions.

VCredit Holdings (HKSE:02003) Headlines

No Headlines