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Stock Yards Bancorp (Stock Yards Bancorp) PEG Ratio : 0.97 (As of Apr. 27, 2024)


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What is Stock Yards Bancorp 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, Stock Yards Bancorp's PE Ratio without NRI is 12.96. Stock Yards Bancorp's 5-Year Book Value growth rate is 13.30%. Therefore, Stock Yards Bancorp's PEG Ratio for today is 0.97.

* 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 Stock Yards Bancorp's PEG Ratio or its related term are showing as below:

SYBT' s PEG Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.67   Max: 2.83
Current: 0.97


During the past 13 years, Stock Yards Bancorp's highest PEG Ratio was 2.83. The lowest was 0.74. And the median was 1.67.


SYBT's PEG Ratio is ranked better than
64.25% of 1130 companies
in the Banks industry
Industry Median: 1.425 vs SYBT: 0.97

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


Stock Yards Bancorp PEG Ratio Historical Data

The historical data trend for Stock Yards Bancorp'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.

Stock Yards Bancorp PEG Ratio Chart

Stock Yards Bancorp 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 1.69 1.84 1.49 1.30 1.05

Stock Yards Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.05 0.86 0.75 1.05 -

Competitive Comparison of Stock Yards Bancorp's PEG Ratio

For the Banks - Regional subindustry, Stock Yards Bancorp'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.


Stock Yards Bancorp's PEG Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Stock Yards Bancorp's PEG Ratio falls into.



Stock Yards Bancorp 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.

Stock Yards Bancorp's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=12.959842740803/13.30
=0.97

* 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.


Stock Yards Bancorp  (NAS:SYBT) 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.


Stock Yards Bancorp PEG Ratio Related Terms

Thank you for viewing the detailed overview of Stock Yards Bancorp's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Stock Yards Bancorp (Stock Yards Bancorp) Business Description

Traded in Other Exchanges
Address
1040 East Main Street, Louisville, KY, USA, 40206
Stock Yards Bancorp Inc operates as a bank. The bank has two reportable operating segments namely Commercial Banking and Wealth management and trust. Its services include loan and deposit services, cash management services, securities brokerage activities, mortgage origination, and others. It generates a majority of its revenue from the Commercial Banking segment.
Executives
Kathy C Thompson director, officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890
Allison Donovan director PO BOX 32890, LOUISVILLE KY 40232
James A Hillebrand officer: Executive Vice President 13308 LONGWOOD LANE, GOSHEN KY 40026
David P Heintzman director, officer: President PO BOX 32890, LOUISVILLE KY 40232-2890
Shannon Bishop Arvin director PO BOX 157, PARIS KY 40362-0157
Richard A Lechleiter director PO BOX 32890, LOUISVILLE KY 40232-2890
John Schutte director 9707 SHELBYVILLE ROAD, LOUISVILLE KY 40233
Carl G Herde director 8210 LIMEHOUSE LANE, LOUISVILLE KY 40220
Michael Croce officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890
Michael Rehm officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232
Philip Poindexter officer: Executive Vice President 320 MOCKINGBIRD HILL ROAD, LOUISVILLE KY 40207
Laura L Wells director PO BOX 32890, LOUISVILLE KY 40232
Bickel Paul J Iii director PO BOX 32890, LOUISVILLE KY 40232
Stephen M Priebe director PO BOX 32890, LOUISVILLE KY 40232-2890
William Dishman officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890