GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » European Equity Fund, Inc / MD (NYSE:EEA) » Definitions » PEG Ratio

European Equity Fund, / MD (European Equity Fund, / MD) PEG Ratio : 17.19 (As of Jun. 16, 2024)


View and export this data going back to . Start your Free Trial

What is European Equity Fund, / MD 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, European Equity Fund, / MD's PE Ratio without NRI is 5.16. European Equity Fund, / MD's 5-Year Book Value growth rate is 0.30%. Therefore, European Equity Fund, / MD's PEG Ratio for today is 17.19.

* 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 European Equity Fund, / MD's PEG Ratio or its related term are showing as below:

EEA' s PEG Ratio Range Over the Past 10 Years
Min: 17.2   Med: 19.6   Max: 20.77
Current: 17.2


During the past 7 years, European Equity Fund, / MD's highest PEG Ratio was 20.77. The lowest was 17.20. And the median was 19.60.


EEA's PEG Ratio is ranked worse than
88.76% of 436 companies
in the Asset Management industry
Industry Median: 1.855 vs EEA: 17.20

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


European Equity Fund, / MD PEG Ratio Historical Data

The historical data trend for European Equity Fund, / MD'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.

European Equity Fund, / MD PEG Ratio Chart

European Equity Fund, / MD Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial - - - - 19.15

European Equity Fund, / MD Semi-Annual Data
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 - - - - 19.15

Competitive Comparison of European Equity Fund, / MD's PEG Ratio

For the Asset Management subindustry, European Equity Fund, / MD'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.


European Equity Fund, / MD's PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, European Equity Fund, / MD's PEG Ratio distribution charts can be found below:

* The bar in red indicates where European Equity Fund, / MD's PEG Ratio falls into.



European Equity Fund, / MD 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.

European Equity Fund, / MD's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=5.1560693641618/0.30
=17.19

* 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.


European Equity Fund, / MD  (NYSE:EEA) 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.


European Equity Fund, / MD PEG Ratio Related Terms

Thank you for viewing the detailed overview of European Equity Fund, / MD's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


European Equity Fund, / MD (European Equity Fund, / MD) Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, New York, NY, USA, 10022-6225
European Equity Fund, Inc / MD is a United States-based diversified, closed-end management investment company. The fund seeks long-term capital appreciation through investment in equity and equity securities of issuers domiciled in Europe. Its portfolio of investments consists of different sectors such as industrials, financials, healthcare, consumer discretionary, materials, consumer staples, information technology, and other sectors.
Executives
Bernhard Koepp director C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christopher Pleister director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Fiona Flannery director C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christian Rijs officer: AML Compliance Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Helen Delman other: Section 16 Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Juan Barriobero other: Portfolio Manager C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Holger Hatje director C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Michelle S. Goveia officer: AML Compliance Officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Alyssa Asbury officer: Assistant Secretary C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christian Zugel director TWO BRIDGE AVENUE, SUITE 322, RED HOOK NJ 07701
Britta Weidenbach other: Portfolio Manager C/O ANJIE LAROCCA, 345 PARK AVENUE, NEW YORK NY 10154
Wolfgang Helmut Leoni director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Diane George Kenneally officer: Treasurer C/O ANJIE LAROCCA, DEUTSCHE ASSET MGMT, 345 PARK AVENUE, NEW YORK NY 10154
Sheila Cadogan officer: Assistant Treasurer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Kenneth C Froewiss director

European Equity Fund, / MD (European Equity Fund, / MD) Headlines