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First of Long Island (First of Long Island) PEG Ratio : 5.97 (As of Apr. 26, 2024)


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What is First of Long Island 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, First of Long Island's PE Ratio without NRI is 8.96. First of Long Island's 5-Year Book Value growth rate is 1.50%. Therefore, First of Long Island's PEG Ratio for today is 5.97.

* 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 First of Long Island's PEG Ratio or its related term are showing as below:

FLIC' s PEG Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.87   Max: 12.86
Current: 5.97


During the past 13 years, First of Long Island's highest PEG Ratio was 12.86. The lowest was 0.92. And the median was 1.87.


FLIC's PEG Ratio is ranked worse than
86.28% of 1130 companies
in the Banks industry
Industry Median: 1.43 vs FLIC: 5.97

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


First of Long Island PEG Ratio Historical Data

The historical data trend for First of Long Island'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.

First of Long Island PEG Ratio Chart

First of Long Island 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 1.86 1.42 1.86 2.69 13.37

First of Long Island Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.69 2.77 3.78 6.98 13.37

Competitive Comparison of First of Long Island's PEG Ratio

For the Banks - Regional subindustry, First of Long Island'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.


First of Long Island's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First of Long Island's PEG Ratio distribution charts can be found below:

* The bar in red indicates where First of Long Island's PEG Ratio falls into.



First of Long Island 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.

First of Long Island's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=8.957264957265/1.50
=5.97

* 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.


First of Long Island  (NAS:FLIC) 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.


First of Long Island PEG Ratio Related Terms

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


First of Long Island (First of Long Island) Business Description

Traded in Other Exchanges
N/A
Address
275 Broadhollow Road, Melville, NY, USA, 11747
First of Long Island Corp is a holding company that provides financial services. It offers services of saving accounts, current accounts, and capital gain accounts. The company also provides lending services, such as commercial and residential mortgage loans, industrial loans, small business credit scored loans, and other credit facilities. In addition, the company provides account reconciliation services, ATM Banking, bill payment, cash management services, mobile banking, online banking, and payroll services to privately owned businesses, professionals, consumers, and public bodies. Revenue earned by the company mainly consists of the interest on loans and investment securities, fees on deposit accounts, and income from investment management.
Executives
Christopher J Hilton officer: Executive Vice President C/O SUFFOLK BANCORP, 4 WEST SECOND STREET, PO BOX 9000, RIVERHEAD NY 11901
Tanweer Sheikh Ansari officer: EVP, Internal Counsel 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Cooper John Abbott Root director 215 EAST 72ND STREET, 7W, NEW YORK NY 10021
Susanne Pheffer officer: EVP, Chief Information Officer 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Edward J. Haye director 275 BROADHOLLOW ROAD, MELVILLE NY 11747
Paul T Canarick director
Milbrey Rennie Taylor director C/O THE FIRST OF LONG ISLAND CORPORATION, 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Teagle Walter C Iii director
Michael J. Spolarich officer: EVP, Chief Credit Officer 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Christopher Becker officer: Vice President 37 COOPER LANE, EAST HAMPTON NY 11937
Janet T Verneuille officer: Executive Vice President PO BOX 3005, BRIDGEHAMPTON NY 11932
Alexander L Cover director
Michael N Vittorio director, officer: President & CEO
Jay P Mcconie officer: Executive Vice President, CFO 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Mark D Curtis officer: Sr. Vice President & Treasurer