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Blackrock Muniyield Michigan Quality Fund (Blackrock Muniyield Michigan Quality Fund) PEG Ratio : N/A (As of May. 12, 2024)


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What is Blackrock Muniyield Michigan Quality Fund 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, Blackrock Muniyield Michigan Quality Fund's PE Ratio without NRI is 25.86. Blackrock Muniyield Michigan Quality Fund's 5-Year Book Value growth rate is -3.30%. Therefore, Blackrock Muniyield Michigan Quality Fund's PEG Ratio for today is N/A.

* 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 Blackrock Muniyield Michigan Quality Fund's PEG Ratio or its related term are showing as below:


During the past 8 years, Blackrock Muniyield Michigan Quality Fund's highest PEG Ratio was 17.90. The lowest was 14.01. And the median was 16.03.


MIY's PEG Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.915
* Ranked among companies with meaningful PEG Ratio only.

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


Blackrock Muniyield Michigan Quality Fund PEG Ratio Historical Data

The historical data trend for Blackrock Muniyield Michigan Quality Fund'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.

Blackrock Muniyield Michigan Quality Fund PEG Ratio Chart

Blackrock Muniyield Michigan Quality Fund Annual Data
Trend Jul14 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PEG Ratio
Get a 7-Day Free Trial - - 17.84 - -

Blackrock Muniyield Michigan Quality Fund Semi-Annual Data
Jul14 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - - - - -

Competitive Comparison of Blackrock Muniyield Michigan Quality Fund's PEG Ratio

For the Asset Management subindustry, Blackrock Muniyield Michigan Quality Fund'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.


Blackrock Muniyield Michigan Quality Fund's PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniyield Michigan Quality Fund's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Blackrock Muniyield Michigan Quality Fund's PEG Ratio falls into.



Blackrock Muniyield Michigan Quality Fund 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.

Blackrock Muniyield Michigan Quality Fund's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=25.858123569794/-3.30
=N/A

* 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.


Blackrock Muniyield Michigan Quality Fund  (NYSE:MIY) 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.


Blackrock Muniyield Michigan Quality Fund PEG Ratio Related Terms

Thank you for viewing the detailed overview of Blackrock Muniyield Michigan Quality Fund's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Muniyield Michigan Quality Fund (Blackrock Muniyield Michigan Quality Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniyield Michigan Quality Fund Inc is a closed end fund. Its investment objective is to provide shareholders with as high a level of current income exempt from federal and Michigan income taxes.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Muniyield Michigan Quality Fund (Blackrock Muniyield Michigan Quality Fund) Headlines

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