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The Kita Nippon Bank (TSE:8551) PEG Ratio : 2.11 (As of Dec. 13, 2024)


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What is The Kita Nippon Bank 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, The Kita Nippon Bank's PE Ratio without NRI is 7.61. The Kita Nippon Bank's 5-Year Book Value growth rate is 3.60%. Therefore, The Kita Nippon Bank's PEG Ratio for today is 2.11.

* 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 The Kita Nippon Bank's PEG Ratio or its related term are showing as below:

TSE:8551' s PEG Ratio Range Over the Past 10 Years
Min: 0.31   Med: 3.37   Max: 18.74
Current: 2.12


During the past 13 years, The Kita Nippon Bank's highest PEG Ratio was 18.74. The lowest was 0.31. And the median was 3.37.


TSE:8551's PEG Ratio is ranked worse than
59.19% of 1159 companies
in the Banks industry
Industry Median: 1.65 vs TSE:8551: 2.12

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


The Kita Nippon Bank PEG Ratio Historical Data

The historical data trend for The Kita Nippon 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.

* Premium members only.

The Kita Nippon Bank PEG Ratio Chart

The Kita Nippon Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.97 10.16 3.22 3.73 2.33

The Kita Nippon Bank Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 3.56 4.55 3.09 2.33 2.84

Competitive Comparison of The Kita Nippon Bank's PEG Ratio

For the Banks - Regional subindustry, The Kita Nippon 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.


The Kita Nippon Bank's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Kita Nippon Bank's PEG Ratio distribution charts can be found below:

* The bar in red indicates where The Kita Nippon Bank's PEG Ratio falls into.



The Kita Nippon 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.

The Kita Nippon Bank's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=7.6050612994165/3.60
=2.11

* 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.


The Kita Nippon Bank  (TSE:8551) 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.


The Kita Nippon Bank PEG Ratio Related Terms

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The Kita Nippon Bank Business Description

Traded in Other Exchanges
N/A
Address
1-6-7 Chuodori, Morioka, JPN, 020-8666
The Kita Nippon Bank Ltd operates as a bank in Japan. Principally, it offers general banking business such as accepting deposits, granting loans, as well as syndicated loans, saving accounts, fixed deposits, current and recurring accounts. The bank renders various business including securities investment, foreign exchange, domestic exchange, trust and other related business. In addition, it also offers credit cards, credit guarantee, and leasing and contracts businesses.

The Kita Nippon Bank Headlines

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