* 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 Nordnet AB (publ)'s PEG Ratio or its related term are showing as below:
FRA:9JL'
s PEG Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.93 Max: 4.41
Current: 0.75
During the past 13 years, Nordnet AB (publ)'s highest PEG Ratio was 4.41. The lowest was 0.52. And the median was 0.93.
FRA:9JL's PEG Ratio is ranked better than 69.59% of 319
companies
in the Capital Markets industry
Industry Median: 1.32
vs FRA:9JL: 0.75
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Nordnet AB (publ) PEG Ratio Historical Data
The historical data trend for Nordnet AB (publ)'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.
Competitive Comparison of Nordnet AB (publ)'s PEG Ratio
For the Capital Markets subindustry, Nordnet AB (publ)'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.
Nordnet AB (publ)'s PEG Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s PEG Ratio distribution charts can be found below:
* The bar in red indicates where Nordnet AB (publ)'s PEG Ratio falls into.
Nordnet AB (publ) 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.
* 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.
Nordnet AB (publ) (FRA:9JL) 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.
Nordnet AB (publ) PEG Ratio Related Terms
Thank you for viewing the detailed overview of Nordnet AB (publ)'s PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nordnet AB (publ) is a digital platform in the Nordics for savings and investments. The company operates in Sweden, Norway, Denmark and Finland. Nordnet's purpose is to democratize savings and investments. It provides trading in a large number of equities, funds and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans and mortgages. There are a number of user-interfaces to choose from, such as web, app or more advanced trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. Nordnet also runs the largest social investment network in the Nordics, Shareville.
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