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Allied Bank (KAR:ABL) PEG Ratio : 0.26 (As of May. 27, 2024)


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What is Allied Bank 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, Allied Bank's PE Ratio without NRI is 2.51. Allied Bank's 5-Year Book Value growth rate is 9.80%. Therefore, Allied Bank's PEG Ratio for today is 0.26.

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

KAR:ABL' s PEG Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.87   Max: 1.35
Current: 0.26


During the past 13 years, Allied Bank's highest PEG Ratio was 1.35. The lowest was 0.24. And the median was 0.87.


KAR:ABL's PEG Ratio is ranked better than
94.16% of 1147 companies
in the Banks industry
Industry Median: 1.45 vs KAR:ABL: 0.26

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


Allied Bank PEG Ratio Historical Data

The historical data trend for Allied Bank'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.

Allied Bank PEG Ratio Chart

Allied Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 0.94 0.94 0.72 0.32

Allied Bank 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 0.65 0.49 0.39 0.32 0.24

Competitive Comparison of Allied Bank's PEG Ratio

For the Banks - Regional subindustry, Allied Bank'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.


Allied Bank's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Allied Bank's PEG Ratio distribution charts can be found below:

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



Allied Bank 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.

Allied Bank's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=2.5092072845495/9.80
=0.26

* 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.


Allied Bank  (KAR:ABL) 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.


Allied Bank PEG Ratio Related Terms

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


Allied Bank (KAR:ABL) Business Description

Traded in Other Exchanges
N/A
Address
3 Tipu Block, New Garden Town, Main Boulevard, Lahore, PB, PAK, 54000
Allied Bank Ltd is a scheduled bank engaged in providing commercial banking and related services. It offers financial products and services to medium and large-sized public and private sector entities and overseas including corporate advisory, underwriting, cash management, trade products, corporate finance products, arranging tenured financing and customer service. It also provides for treasury and money market activities; providing retail banking services to consumers, small and medium enterprises; loans and deposits to commercial and retail customers. The bank's segments are Corporate and Investment Banking; Trading and Sales; Commercial and retail banking; Islamic banking; Asset management company and Others. Majority of revenue is derived from Commercial and Retail Banking segment.