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China Zheshang Bank Co (STU:6CZ) PEG Ratio : 0.66 (As of Jun. 20, 2024)


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What is China Zheshang Bank Co 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, China Zheshang Bank Co's PE Ratio without NRI is 3.39. China Zheshang Bank Co's 5-Year Book Value growth rate is 5.10%. Therefore, China Zheshang Bank Co's PEG Ratio for today is 0.66.

* 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 China Zheshang Bank Co's PEG Ratio or its related term are showing as below:

STU:6CZ' s PEG Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.63   Max: 0.72
Current: 0.69


During the past 12 years, China Zheshang Bank Co's highest PEG Ratio was 0.72. The lowest was 0.57. And the median was 0.63.


STU:6CZ's PEG Ratio is ranked better than
74.72% of 1147 companies
in the Banks industry
Industry Median: 1.4 vs STU:6CZ: 0.69

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


China Zheshang Bank Co PEG Ratio Historical Data

The historical data trend for China Zheshang Bank Co'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.

China Zheshang Bank Co PEG Ratio Chart

China Zheshang Bank Co 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 0.32 0.40 0.42 0.61 0.64

China Zheshang Bank Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 0.64 -

Competitive Comparison of China Zheshang Bank Co's PEG Ratio

For the Banks - Regional subindustry, China Zheshang Bank Co'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.


China Zheshang Bank Co's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Zheshang Bank Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where China Zheshang Bank Co's PEG Ratio falls into.



China Zheshang Bank Co 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.

China Zheshang Bank Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=3.3913043478261/5.10
=0.66

* 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.


China Zheshang Bank Co  (STU:6CZ) 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.


China Zheshang Bank Co PEG Ratio Related Terms

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China Zheshang Bank Co (STU:6CZ) Business Description

Traded in Other Exchanges
Address
No. 288, Qingchun Road, Xiacheng District, Zhejiang, Hangzhou, CHN, 310006
China Zheshang Bank Co Ltd provides corporate and personal deposits, loans and advances, clearing and settlement services, treasury business, and other banking services as approved by the CBIRC. The company's business segments include Corporate banking; Retail banking; Treasury operations and other business. It generates maximum revenue from the Corporate banking segment. The corporate banking segment covers the provision of financial products and services to corporations, government agencies, and other institutions. The products and services include corporate loans and advances, trade financing, deposit products, and various types of corporate intermediary services, etc.

China Zheshang Bank Co (STU:6CZ) Headlines

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