* 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 Flaherty & Crumrine Prefd Fund's PEG Ratio or its related term are showing as below:
PFD'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.
Flaherty & Crumrine Prefd Fund PEG Ratio Historical Data
* 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 Flaherty & Crumrine Prefd Fund's PEG Ratio
For the Asset Management subindustry, Flaherty & Crumrine Prefd 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.
Flaherty & Crumrine Prefd Fund's PEG Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Prefd Fund's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Flaherty & Crumrine Prefd Fund's PEG Ratio falls into.
Flaherty & Crumrine Prefd 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.
* 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.
Flaherty & Crumrine Prefd Fund (NYSE:PFD) 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.
Flaherty & Crumrine Prefd Fund PEG Ratio Related Terms
Thank you for viewing the detailed overview of Flaherty & Crumrine Prefd Fund's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Flaherty & Crumrine Prefd Fund Business Description
Flaherty & Crumrine Prefd Inc Fund Inc is a United States-based diversified, closed-end management investment company. Its investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. The fund invests in a diversified portfolio of preferred securities, which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
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