E*TRADE Financial (E*TRADE Financial) PEG Ratio : 2.05 (As of Apr. 26, 2024)

E*TRADE Financial PEG Ratio Chart

E*TRADE Financial Annual Data
	Trend	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
PEG Ratio		Get a 7-Day Free Trial					15.15	3.54	3.08	1.46	1.72

E*TRADE Financial Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
PEG Ratio	Get a 7-Day Free Trial															1.56	1.51	1.72	1.49	2.13

Competitive Comparison of E*TRADE Financial's PEG Ratio

For the Capital Markets subindustry, E*TRADE Financial'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.

E*TRADE Financial's PEG Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, E*TRADE Financial's PEG Ratio distribution charts can be found below:

* The bar in red indicates where E*TRADE Financial's PEG Ratio falls into.

E*TRADE Financial 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.

E*TRADE Financial'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.

E*TRADE Financial  (NAS:ETFC) 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.

E*TRADE Financial PEG Ratio Related Terms

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E*TRADE Financial (E*TRADE Financial) Business Description