Chang Hwa Commercial Bank (TPE:2801) PEG Ratio: 2.68 (As of Jul. 06, 2026) — 10% Below Median


TPE:2801 Chang Hwa Commercial Bank Ltd TPE:2801
72 GF Score
Price NT$23.30
GF Value NT$20.42
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Chang Hwa Commercial Bank PEG Ratio?

Chang Hwa Commercial Bank TPE:2801 -0.21% 72 PEG Ratio is 2.68 as of Jul. 06, 2026, which is 10% below its 10-year median of 2.97. GuruFocus rates TPE:2801 with a GF Score™ of 72/100 and a GF Value™ of NT$20.42 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,231 Banks companies, Chang Hwa Commercial Bank ranks worse than 69.37% on this metric.

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, Chang Hwa Commercial Bank's PE Ratio without NRI is 16.06. Chang Hwa Commercial Bank's 5-Year Book Value growth rate is 6.00%. Therefore, Chang Hwa Commercial Bank's PEG Ratio for today is 2.68.

* 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 Chang Hwa Commercial Bank's PEG Ratio or its related term are showing as below:

TPE:2801' s PEG Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.97   Max: 6.62
Current: 2.68


During the past 13 years, Chang Hwa Commercial Bank's highest PEG Ratio was 6.62. The lowest was 1.59. And the median was 2.97.


TPE:2801's PEG Ratio is ranked worse than
69.37% of 1231 companies
in the Banks industry
Industry Median: 1.54 vs TPE:2801: 2.68

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


Chang Hwa Commercial Bank  (TPE:2801) 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.


Chang Hwa Commercial Bank PEG Ratio Related Terms


Chang Hwa Commercial Bank PEG Ratio Historical Data

* Premium members only.

The historical data trend for Chang Hwa Commercial Bank'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.

Chang Hwa Commercial Bank PEG Ratio Chart

Chang Hwa Commercial Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.65 6.03 5.60 3.15 2.39

Chang Hwa Commercial Bank Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 3.15 2.80 2.64 2.53 2.39

Chang Hwa Commercial Bank PEG Ratio Competitor Comparison

For the Banks - Regional subindustry, Chang Hwa Commercial Bank'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.


Chang Hwa Commercial Bank PEG Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Chang Hwa Commercial Bank's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Chang Hwa Commercial Bank's PEG Ratio falls into.


TPE:2801
72GF Score
Chang Hwa Commercial Bank Ltd TPE:2801
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chang Hwa Commercial Bank 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.

Chang Hwa Commercial Bank's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=16.05789110958/6.00
=2.68

* 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.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 2.68 mean?
Chang Hwa Commercial Bank (TPE:2801) has a PEG Ratio of 2.68 as of Jul. 06, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Chang Hwa Commercial Bank and its competitors. This is 10% below median its historical median of 2.97. Over the past decade, Chang Hwa Commercial Bank's PEG Ratio has ranged from 1.59 to 6.62. According to the industry distribution chart, Chang Hwa Commercial Bank ranks #854 out of 1231 companies in the Banks industry, placing it in the top 69.4%.
Is Chang Hwa Commercial Bank's PEG Ratio too high?
Chang Hwa Commercial Bank's current PEG Ratio of 2.68 is 10% below median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 6.62. The Banks industry median PEG Ratio is 1.54. Chang Hwa Commercial Bank's value of 2.68 is 74% above this industry median. Based on the distribution chart, Chang Hwa Commercial Bank ranks #854 out of 1231 companies in the Banks industry, which is below the industry midpoint. Overall, Chang Hwa Commercial Bank has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Hwa Commercial Bank's PEG Ratio compare to competitors?
According to the Banks industry distribution chart, Chang Hwa Commercial Bank ranks #854 out of 1231 companies for PEG Ratio. This places Chang Hwa Commercial Bank in the lower half of its industry. The industry median PEG Ratio is 1.54. Chang Hwa Commercial Bank's value of 2.68 is 74% above this benchmark. Historically, Chang Hwa Commercial Bank's own PEG Ratio has ranged from 1.59 to 6.62 over the past decade. While the company's 10-year median is 2.97 vs. the industry median of 1.54, Chang Hwa Commercial Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Banks company?
The median PEG Ratio among Banks companies is 1.54, based on 1,231 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chang Hwa Commercial Bank's current PEG Ratio of 2.68 is 74% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Chang Hwa Commercial Bank and its competitors. For the Banks industry, the median PEG Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chang Hwa Commercial Bank's current PEG Ratio is 2.68, which is 10% below median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Hwa Commercial Bank stock overvalued right now?
Based on GuruFocus' analysis, Chang Hwa Commercial Bank (TPE:2801) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$20.42, compared to a current price of NT$23.30 — trading 14.1% above its estimated fair value. The current PEG Ratio is 2.68, which is 10% below median its 10-year median of 2.97 and 74% above the Banks industry median of 1.54. Chang Hwa Commercial Bank's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Chang Hwa Commercial Bank (TPE:2801), the current PEG Ratio is 2.68 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chang Hwa Commercial Bank (TPE:2801) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Hwa Commercial Bank stock appears to be overvalued. The current stock price of NT$23.30 is trading 14.1% above its estimated GF Value™ of NT$20.42. GuruFocus considers Chang Hwa Commercial Bank to be Modestly Overvalued.

Key valuation signals for TPE:2801:

  • PEG Ratio: 2.68 (10% below median its 10-year median of 2.97)
  • GF Value™: NT$20.42 vs. price of NT$23.30 (14.1% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 74% above the Banks median (#854 of 1231)

No single metric tells the full story. See the TPE:2801 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Hwa Commercial Bank Business Description

Address No. 38, Section 2, Ziyou Road, Taichung, TWN
Chang Hwa Commercial Bank Ltd operates as a bank. It operates in segments namely Loans, Deposits, Financial Instruments and Investments, Wealth Management, Overseas branches and Subsidiaries, and others. It generates a majority of its revenue from the Loan segment. It offers services such as wealth management, personal cards, housing loans, credit loans, personal Internet banking, commercial Internet banking, and others.
72GF Score

Get the complete analysis for TPE:2801

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$23.30
Price
NT$20.42
GF Value