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State Street (LTS:0L9G) PEG Ratio : 2.30 (As of Apr. 26, 2024)


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What is State Street 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, State Street's PE Ratio without NRI is 11.29. State Street's 5-Year Book Value growth rate is 4.90%. Therefore, State Street's PEG Ratio for today is 2.30.

* 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 State Street's PEG Ratio or its related term are showing as below:

LTS:0L9G' s PEG Ratio Range Over the Past 10 Years
Min: 1.08   Med: 2.18   Max: 6.56
Current: 1.94


During the past 13 years, State Street's highest PEG Ratio was 6.56. The lowest was 1.08. And the median was 2.18.


LTS:0L9G's PEG Ratio is ranked worse than
51.53% of 425 companies
in the Asset Management industry
Industry Median: 1.88 vs LTS:0L9G: 1.94

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


State Street PEG Ratio Historical Data

The historical data trend for State Street'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.

State Street PEG Ratio Chart

State Street 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 2.23 1.45 1.55 1.82 2.40

State Street Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 1.95 1.98 1.97 2.40 -

Competitive Comparison of State Street's PEG Ratio

For the Asset Management subindustry, State Street'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.


State Street's PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, State Street's PEG Ratio distribution charts can be found below:

* The bar in red indicates where State Street's PEG Ratio falls into.



State Street 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.

State Street's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=11.288633461047/4.90
=2.30

* 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.


State Street  (LTS:0L9G) 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.


State Street PEG Ratio Related Terms

Thank you for viewing the detailed overview of State Street's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


State Street (LTS:0L9G) Business Description

Address
One Lincoln Street, Boston, MA, USA, 02111
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.

State Street (LTS:0L9G) Headlines

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