Towne Bank (Towne Bank) PEG Ratio

: 2.43 (As of Today)

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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, Towne Bank's PE Ratio without NRI is 12.37. Towne Bank's 5-Year Book Value growth rate is 5.10%. Therefore, Towne Bank's PEG Ratio for today is 2.43.

* 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 Towne Bank's PEG Ratio or its related term are showing as below:

TOWN' s PEG Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.7 Max: 336.2
Current: 2.43

During the past 13 years, Towne Bank's highest PEG Ratio was 336.20. The lowest was 0.88. And the median was 1.70.

TOWN's PEG Ratio is ranked worse than
67.17% of 1133 companies
in the Banks industry
Industry Median: 1.41 vs TOWN: 2.43

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

Towne Bank PEG Ratio Historical Data

The historical data trend for Towne Bank'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.

Towne Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PEG Ratio

Get a 7-Day Free Trial

1.48

1.25

1.17

1.78

2.86

Towne Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PEG Ratio	Get a 7-Day Free Trial															1.78	1.71	1.62	1.80	2.86

Competitive Comparison

For the Banks - Regional subindustry, Towne Bank'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.

Towne Bank PEG Ratio Distribution

For the Banks industry and Financial Services sector, Towne Bank's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Towne Bank's PEG Ratio falls into.

Towne Bank 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.

Towne Bank's PEG Ratio for today is calculated as

PEG Ratio	=	PE Ratio without NRI	/	5-Year Book Value Growth Rate*
	=	12.372278987117	/	5.10
	=	2.43

* 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.

Towne Bank (NAS:TOWN) 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.

Towne Bank PEG Ratio Related Terms

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Towne Bank (Towne Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Towne Bank (NAS:TOWN) » Definitions » PEG Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

5716 High Street, Portsmouth, VA, USA, 23703

Website

https://www.townebank.com

Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.