PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, IGM Financial's PE Ratio without NRI is 9.76. IGM Financial's 5-Year EBITDA growth rate is 5.10%. Therefore, IGM Financial's PEG Ratio for today is 1.91.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA 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 IGM Financial's PEG Ratio or its related term are showing as below:
IGIFF'
s PEG Ratio Range Over the Past 10 Years
Min: 1.17 Med: 6.38 Max: 252.33
Current: 1.91
During the past 13 years, IGM Financial's highest PEG Ratio was 252.33. The lowest was 1.17. And the median was 6.38.
IGIFF's PEG Ratio is ranked better than 51.06% of 425
companies
in the Asset Management industry
Industry Median: 1.88
vs IGIFF: 1.91
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
IGM Financial PEG Ratio Historical Data
The historical data trend for IGM Financial'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.
Competitive Comparison of IGM Financial's PEG Ratio
For the Asset Management subindustry, IGM Financial'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.
IGM Financial's PEG Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, IGM Financial's PEG Ratio distribution charts can be found below:
* The bar in red indicates where IGM Financial's PEG Ratio falls into.
IGM Financial 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 EBITDA growth rate.
IGM Financial's PEG Ratio for today is calculated as
* 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 EBITDA Growth Rate is the 5-year average EBITDA 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.
IGM Financial (OTCPK:IGIFF) 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.
IGM Financial PEG Ratio Related Terms
Thank you for viewing the detailed overview of IGM Financial's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
IGM Financial (IGM Financial) Business Description
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management subsidiary)—that provide investment management products and services. IGM had CAD 215.3 billion in assets under management, or AUM, and CAD 35.0 billion in assets under advisement, or AUA, at the end of October 2023. Investment Planning Counsel is now being accounted for as a discontinued operation, having been sold earlier this year, with the deal closed in November 2023.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
IGIFF has been successfully added to your 