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MEGI (MainStay CBRE Global Infrastructure Megatrends Fund) PEG Ratio : N/A (As of Dec. 11, 2024)


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What is MainStay CBRE Global Infrastructure Megatrends 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, MainStay CBRE Global Infrastructure Megatrends Fund's PE Ratio without NRI is 38.97. MainStay CBRE Global Infrastructure Megatrends Fund's 5-Year Book Value growth rate is 0.00%. Therefore, MainStay CBRE Global Infrastructure Megatrends Fund's PEG Ratio for today is N/A.

* 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 MainStay CBRE Global Infrastructure Megatrends Fund's PEG Ratio or its related term are showing as below:



MEGI's PEG Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.655
* Ranked among companies with meaningful PEG Ratio only.

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


MainStay CBRE Global Infrastructure Megatrends Fund PEG Ratio Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends 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.

MainStay CBRE Global Infrastructure Megatrends Fund PEG Ratio Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data
Trend May22 May23 May24
PEG Ratio
- - -

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
Nov22 May23 Nov23 May24
PEG Ratio - - - -

Competitive Comparison of MainStay CBRE Global Infrastructure Megatrends Fund's PEG Ratio

For the Asset Management subindustry, MainStay CBRE Global Infrastructure Megatrends 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.


MainStay CBRE Global Infrastructure Megatrends Fund's PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MainStay CBRE Global Infrastructure Megatrends Fund's PEG Ratio distribution charts can be found below:

* The bar in red indicates where MainStay CBRE Global Infrastructure Megatrends Fund's PEG Ratio falls into.



MainStay CBRE Global Infrastructure Megatrends 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.

MainStay CBRE Global Infrastructure Megatrends Fund's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=38.970588235294/0.00
=N/A

* 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.


MainStay CBRE Global Infrastructure Megatrends Fund  (NYSE:MEGI) 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.


MainStay CBRE Global Infrastructure Megatrends Fund PEG Ratio Related Terms

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MainStay CBRE Global Infrastructure Megatrends Fund Business Description

Traded in Other Exchanges
N/A
Address
51 Madison Avenue, New York, NY, USA, 10010
MainStay CBRE Global Infrastructure Megatrends Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current income. It invests predominantly in income-producing equity securities issued by infrastructure companies, including common stock, preferred stock, convertible securities, and rights or warrants to buy common stocks. The company intends to focus on three infrastructure megatrends: decarbonization, digital transformation, and asset modernization while making its investments.
Executives
Jeremy Anagnos other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Jacques P Perold director 51 MADISON AVENUE, NEW YORK NY 10010
Joseph P Smith other: Portfolio Manager 201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Naim Abou-jaoude other: CEO, NY LIFE INVEST MGMENT LLC 200 ALDERSGATE STREET, C/O CANDRIAM, NORTH ENTRANCE, LONDON X0 EC1A4HD
Alain M Karaoglan other: Chairman & Interim CEO 230 PARK AVENUE, NEW YORK NY 10169
Richard S Trutanic director 51 MADISON AVENUE, NEW YORK NY 10010
Kevin M Gleason officer: Chief Compliance Officer 30 HUDSON STREET, JERSEY CITY NJ 07302
Daniel Ryan Foley other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kirk C Lehneis officer: President 51 MADISON AVENUE, NEW YORK NY 10010
Hinds Howard other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Cbre Investment Management Listed Real Assets Llc other: Subadviser 555 EAST LANCASTER AVENUE, SUITE 120, RADNOR PA 19087
Alan R Latshaw director 51 MADISON AVENUE, NEW YORK NY 10010
Yie-hsin Hung director 30 HUDSON STREET, JERSEY CITY NJ 07302
Scott T Harrington officer: Vice President-Administration 169 LACKAWANNA AVENUE, PARSIPPANY NJ 07054
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010

MainStay CBRE Global Infrastructure Megatrends Fund Headlines

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