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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, Valley National Bancorp's PE Ratio without NRI is 14.07. Valley National Bancorp's 5-Year Book Value growth rate is 6.10%. Therefore, Valley National Bancorp's PEG Ratio for today is 2.31.
* 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 Valley National Bancorp's PEG Ratio or its related term are showing as below:
During the past 13 years, Valley National Bancorp's highest PEG Ratio was 8.62. The lowest was 0.80. And the median was 2.61.
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
The historical data trend for Valley National Bancorp'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.
Valley National Bancorp Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
PEG Ratio | Get a 7-Day Free Trial | 2.40 | 1.68 | 1.85 | 1.34 | 1.71 |
Valley National Bancorp Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
PEG Ratio | Get a 7-Day Free Trial | 1.17 | 1.71 | 1.45 | 1.57 | 2.34 |
For the Banks - Regional subindustry, Valley National Bancorp'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.
For the Banks industry and Financial Services sector, Valley National Bancorp's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Valley National Bancorp's PEG Ratio falls into.
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.
Valley National Bancorp's PEG Ratio for today is calculated as
PEG Ratio | = | PE Ratio without NRI | / | 5-Year Book Value Growth Rate* |
= | 14.069444444444 | / | 6.10 | |
= | 2.31 |
* 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.
Valley National Bancorp (NAS:VLY) 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.
Thank you for viewing the detailed overview of Valley National Bancorp's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Joseph Chillura | officer: SEVP, Chief Ret & Busn Bnkg Of | 1455 VALLEY ROAD, WAYNE NJ 07470 |
Sidney S Williams | director | VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470 |
Andrew B Abramson | director | 1455 VALLEY ROAD, WAYNE NJ 07470 |
Kathleen C Perrott | director | VALLEY NATIONAL BANCORP, 70 SPEEDWELL AVENUE, MORRISTOWN NJ 07960 |
Suresh L Sani | director | 1455 VALLEY ROAD, WAYNE NJ 07470 |
Avner Mendelson | director | VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470 |
Peter J Baum | director | 1455 VALLEY ROAD, WAYNE NJ 07470 |
Marc J Lenner | director | 1455 VALLEY ROAD, WAYNE NJ 07470 |
Ira Robbins | officer: EVP - Treasurer | 1455 VALLEY ROAD, WAYNE NJ 07470 |
Peter V Maio | director | VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470 |
Eric P Edelstein | director | 17 BRENTWOOD DRIVE, N CALDWELL NJ 07006 |
Melissa J Schultz | director | VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470 |
Jeffrey S Wilks | director | C/O STATE BANCORP, INC., TWO JERICHO PLAZA, JERICHO NY 11753 |
Jennifer W Steans | director | 50 EAST WASHINGTON STREET SUITE 400, C/O FINANCIAL INVESTMENTS CORPORATION, CHICAGO IL 60602 |
Dafna Landau | director | VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470 |
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