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, China Banking's PE Ratio without NRI is 0.00. China Banking's 5-Year Book Value growth rate is 10.10%. Therefore, China Banking's PEG Ratio for today is 0.00.
* 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 China Banking's PEG Ratio or its related term are showing as below:
CKGOY'
s PEG Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.59 Max: 1.22
Current: 0.49
During the past 13 years, China Banking's highest PEG Ratio was 1.22. The lowest was 0.34. And the median was 0.59.
CKGOY's PEG Ratio is ranked better than 85.75% of 1130
companies
in the Banks industry
Industry Median: 1.44
vs CKGOY: 0.49
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
China Banking PEG Ratio Historical Data
The historical data trend for China Banking'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.
Competitive Comparison of China Banking's PEG Ratio
For the Banks - Regional subindustry, China Banking'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.
China Banking's PEG Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, China Banking's PEG Ratio distribution charts can be found below:
* The bar in red indicates where China Banking's PEG Ratio falls into.
China Banking 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.
China Banking'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.
China Banking (OTCPK:CKGOY) 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.
China Banking PEG Ratio Related Terms
Thank you for viewing the detailed overview of China Banking's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China Banking (China Banking) Business Description
China Banking Corp is a commercial bank engaged in corporate and SME lending, retail loans including mortgage and auto loans, treasury and foreign exchange trading, trust and investment management, wealth management, cash management, and insurance products. The group has five business segments namely, Institutional Banking, Consumer Banking, Retail Banking Business, Financial Markets, and Others which include credit management, thrift banking business, operations and financial control, and other support services. The majority of the company's revenue comes from the Retail Banking Business.
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