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Ringkjoebing Landbobank AS (FRA:CJ2) PEG Ratio : 1.31 (As of Dec. 12, 2024)


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What is Ringkjoebing Landbobank AS 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, Ringkjoebing Landbobank AS's PE Ratio without NRI is 12.99. Ringkjoebing Landbobank AS's 5-Year Book Value growth rate is 9.90%. Therefore, Ringkjoebing Landbobank AS's PEG Ratio for today is 1.31.

* 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 Ringkjoebing Landbobank AS's PEG Ratio or its related term are showing as below:

FRA:CJ2' s PEG Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.34   Max: 2.26
Current: 1.34


During the past 13 years, Ringkjoebing Landbobank AS's highest PEG Ratio was 2.26. The lowest was 0.62. And the median was 1.34.


FRA:CJ2's PEG Ratio is ranked better than
56.69% of 1159 companies
in the Banks industry
Industry Median: 1.65 vs FRA:CJ2: 1.34

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


Ringkjoebing Landbobank AS PEG Ratio Historical Data

The historical data trend for Ringkjoebing Landbobank AS'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.

Ringkjoebing Landbobank AS PEG Ratio Chart

Ringkjoebing Landbobank AS 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 0.95 1.07 1.40 1.60 1.29

Ringkjoebing Landbobank AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.52 1.29 1.38 1.26 1.08

Competitive Comparison of Ringkjoebing Landbobank AS's PEG Ratio

For the Banks - Regional subindustry, Ringkjoebing Landbobank AS'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.


Ringkjoebing Landbobank AS's PEG Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Ringkjoebing Landbobank AS's PEG Ratio falls into.



Ringkjoebing Landbobank AS 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.

Ringkjoebing Landbobank AS's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=12.98539661467/9.90
=1.31

* 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.


Ringkjoebing Landbobank AS  (FRA:CJ2) 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.


Ringkjoebing Landbobank AS PEG Ratio Related Terms

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Ringkjoebing Landbobank AS Business Description

Traded in Other Exchanges
Address
Torvet 1, Ringkobing, DNK, 6950
Ringkjoebing Landbobank AS is a bank that carries out its operating activities in Denmark. A majority of the bank's core income is net interest income. Maximum of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture. The services offered are Online banking, Mobile banking, MasterCard, MobilePay, Currency calculator, Block card, MitID etc.

Ringkjoebing Landbobank AS Headlines

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