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NextEnergy Solar Fund (LSE:NESF) PEG Ratio : 9.30 (As of May. 06, 2024)


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What is NextEnergy Solar Fund 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, NextEnergy Solar Fund's PE Ratio without NRI is 13.02. NextEnergy Solar Fund's 5-Year Book Value growth rate is 1.40%. Therefore, NextEnergy Solar Fund's PEG Ratio for today is 9.30.

* 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 NextEnergy Solar Fund's PEG Ratio or its related term are showing as below:

LSE:NESF' s PEG Ratio Range Over the Past 10 Years
Min: 6.63   Med: 10   Max: 25.14
Current: 9.3


During the past 9 years, NextEnergy Solar Fund's highest PEG Ratio was 25.14. The lowest was 6.63. And the median was 10.00.


LSE:NESF's PEG Ratio is ranked worse than
81.59% of 429 companies
in the Asset Management industry
Industry Median: 1.88 vs LSE:NESF: 9.30

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


NextEnergy Solar Fund PEG Ratio Historical Data

The historical data trend for NextEnergy Solar Fund'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.

NextEnergy Solar Fund PEG Ratio Chart

NextEnergy Solar Fund Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only - - - 21.36 9.85

NextEnergy Solar Fund Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 - - 21.36 - 9.85

Competitive Comparison of NextEnergy Solar Fund's PEG Ratio

For the Asset Management subindustry, NextEnergy Solar Fund'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.


NextEnergy Solar Fund's PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NextEnergy Solar Fund's PEG Ratio distribution charts can be found below:

* The bar in red indicates where NextEnergy Solar Fund's PEG Ratio falls into.



NextEnergy Solar Fund 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.

NextEnergy Solar Fund's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=13.01724137931/1.40
=9.30

* 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.


NextEnergy Solar Fund  (LSE:NESF) 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.


NextEnergy Solar Fund PEG Ratio Related Terms

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NextEnergy Solar Fund (LSE:NESF) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Floor 2, Les Banques, St. Peter Port, GGY, GY1 4LY
NextEnergy Solar Fund Ltd is a closed-ended investment company. The company seeks to provide investors with a sustainable and attractive dividend that increases in line with RPI over the long term. It invests in solar photovoltaic plants or debt financing through its subsidiaries and generates revenues from the sale of electricity.

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