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 QUALITY FUND III,'s PE Ratio without NRI is 27.09. BLACKROCK MUNIYIELD QUALITY FUND III,'s 5-Year Book Value growth rate is -2.50%. Therefore, BLACKROCK MUNIYIELD QUALITY FUND III,'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 QUALITY FUND III,'s PEG Ratio or its related term are showing as below:
MYI's PEG Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.885 * 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 QUALITY FUND III, PEG Ratio Historical Data
The historical data trend for BLACKROCK MUNIYIELD QUALITY FUND III,'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.
For the Asset Management subindustry, BLACKROCK MUNIYIELD QUALITY FUND III,'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 QUALITY FUND III, PEG Ratio Distribution
For the Asset Management industry and Financial Services sector, BLACKROCK MUNIYIELD QUALITY FUND III,'s PEG Ratio distribution charts can be found below:
* The bar in red indicates where BLACKROCK MUNIYIELD QUALITY FUND III,'s PEG Ratio falls into.
BLACKROCK MUNIYIELD QUALITY FUND III, 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 QUALITY FUND III,'s PEG Ratio for today is calculated as
* 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 QUALITY FUND III, (NYSE:MYI) 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 QUALITY FUND III, PEG Ratio Related Terms
Thank you for viewing the detailed overview of BLACKROCK MUNIYIELD QUALITY FUND III,'s PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
BLACKROCK MUNIYIELD QUALITY FUND III, (BLACKROCK MUNIYIELD QUALITY FUND III,) Business Description
BLACKROCK MUNIYIELD QUALITY FUND III, INC. is a diversified, closed-ended investment management company. Its investment objective is to provide shareholders with a high level of current income exempt from U.S. federal income taxes as is consistent with its investment policies and prudent investment management. The company invests in various sectors such as Transportation; Utilities; Health; Education; Tobacco and others.
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