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, SouthState's PE Ratio without NRI is 13.77. SouthState's 5-Year Book Value growth rate is 6.30%. Therefore, SouthState's PEG Ratio for today is 2.19.
* 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 SouthState's PEG Ratio or its related term are showing as below:
SSB'
s PEG Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.92 Max: 6.44
Current: 2.19
During the past 13 years, SouthState's highest PEG Ratio was 6.44. The lowest was 0.69. And the median was 1.92.
SSB's PEG Ratio is ranked worse than 71.45% of 1170
companies
in the Banks industry
Industry Median: 1.32
vs SSB: 2.19
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
SouthState PEG Ratio Historical Data
The historical data trend for SouthState'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.
SouthState Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
PEG Ratio
2.39
1.00
1.21
3.38
2.32
SouthState Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
PEG Ratio
1.82
1.84
2.32
3.65
4.44
Competitive Comparison
For the Banks - Regional subindustry, SouthState'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.
SouthState PEG Ratio Distribution
For the Banks industry and Financial Services sector, SouthState's PEG Ratio distribution charts can be found below:
* The bar in red indicates where SouthState's PEG Ratio falls into.
SouthState 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.
* 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.
SouthState (NAS:SSB) 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.
SouthState PEG Ratio Related Terms
Thank you for viewing the detailed overview of SouthState's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit card servicing, ATM processing, and wealth management and trust services.
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