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China Cinda Asset Management Co (HKSE:01359) PEG Ratio : 1.36 (As of Apr. 27, 2024)


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What is China Cinda Asset Management Co 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, China Cinda Asset Management Co's PE Ratio without NRI is 5.30. China Cinda Asset Management Co's 5-Year Book Value growth rate is 3.90%. Therefore, China Cinda Asset Management Co's PEG Ratio for today is 1.36.

* 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 Cinda Asset Management Co's PEG Ratio or its related term are showing as below:

HKSE:01359' s PEG Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.55   Max: 1.87
Current: 1.44


During the past 12 years, China Cinda Asset Management Co's highest PEG Ratio was 1.87. The lowest was 0.23. And the median was 0.55.


HKSE:01359's PEG Ratio is ranked better than
56.97% of 423 companies
in the Asset Management industry
Industry Median: 1.82 vs HKSE:01359: 1.44

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


China Cinda Asset Management Co PEG Ratio Historical Data

The historical data trend for China Cinda Asset Management Co'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.

China Cinda Asset Management Co PEG Ratio Chart

China Cinda Asset Management Co 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 0.65 0.80 0.57 1.71 1.61

China Cinda Asset Management Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 - 1.71 - 1.61

Competitive Comparison of China Cinda Asset Management Co's PEG Ratio

For the Asset Management subindustry, China Cinda Asset Management Co'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 Cinda Asset Management Co's PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, China Cinda Asset Management Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where China Cinda Asset Management Co's PEG Ratio falls into.



China Cinda Asset Management Co 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 Cinda Asset Management Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=5.3030303030303/3.90
=1.36

* 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 Cinda Asset Management Co  (HKSE:01359) 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 Cinda Asset Management Co PEG Ratio Related Terms

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China Cinda Asset Management Co (HKSE:01359) Business Description

Traded in Other Exchanges
Address
9 Naoshikou Street, No.1 Building, Xicheng District, Beijing, CHN, 100031
China Cinda Asset Management Co Ltd is an asset management firm with operations in mainland China and Hong Kong. Its parent company was founded with approval from the State Council, with the intent of instituting reforms of state-owned banks. Its principal business segments include primarily Distressed asset management and, secondarily, Financial services. The company has a wide presence throughout the Chinese provinces and operates a few Tier 1 entities. Most of its income is derived from the distressed asset management business segment that comprise debt asset management conducted with respect to distressed assets, DES Assets management, other distressed asset management, and entrusted operation businesses.

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