NDBKY (Nedbank Group) PEG Ratio : 1.31 (As of Dec. 14, 2024)

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What is Nedbank Group 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, Nedbank Group's PE Ratio without NRI is 9.04. Nedbank Group's 5-Year Book Value growth rate is 6.90%. Therefore, Nedbank Group'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 Nedbank Group's PEG Ratio or its related term are showing as below:

NDBKY' s PEG Ratio Range Over the Past 10 Years
Min: 0.5 Med: 1.2 Max: 3.12
Current: 1.31

During the past 13 years, Nedbank Group's highest PEG Ratio was 3.12. The lowest was 0.50. And the median was 1.20.

NDBKY's PEG Ratio is ranked better than
56.69% of 1159 companies
in the Banks industry
Industry Median: 1.63 vs NDBKY: 1.31

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

Nedbank Group PEG Ratio Historical Data

The historical data trend for Nedbank Group'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.

Nedbank Group PEG Ratio Chart

Nedbank Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PEG Ratio

Get a 7-Day Free Trial

1.36

2.17

1.21

0.98

Nedbank Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
PEG Ratio	Get a 7-Day Free Trial															-	1.21	-	0.98	-

Competitive Comparison of Nedbank Group's PEG Ratio

For the Banks - Regional subindustry, Nedbank Group'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.

Nedbank Group's PEG Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Nedbank Group's PEG Ratio falls into.

Nedbank Group 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.

Nedbank Group's PEG Ratio for today is calculated as

PEG Ratio	=	PE Ratio without NRI	/	5-Year Book Value Growth Rate*
	=	9.0362836723474	/	6.90
	=	1.31

* 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.

Nedbank Group (OTCPK:NDBKY) 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.

Nedbank Group PEG Ratio Related Terms

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Nedbank Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nedbank Group Ltd (OTCPK:NDBKY) » Definitions » PEG Ratio

Comparable Companies

Traded in Other Exchanges

NED:South Africa NDBKF:USA NBK:Namibia NCO:Germany

Address

135 Rivonia Road, Nedbank 135 Rivonia Campus, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.nedbankgroup.co.za

Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Nedbank Africa Regions, and Centre.