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Weihai City Commercial Bank Co (HKSE:09677) PEG Ratio : 0.68 (As of May. 15, 2024)


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What is Weihai City Commercial Bank Co 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, Weihai City Commercial Bank Co's PE Ratio without NRI is 8.52. Weihai City Commercial Bank Co's 5-Year Book Value growth rate is 12.60%. Therefore, Weihai City Commercial Bank Co's PEG Ratio for today is 0.68.

* 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 Weihai City Commercial Bank Co's PEG Ratio or its related term are showing as below:

HKSE:09677' s PEG Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.51   Max: 0.68
Current: 0.68


During the past 7 years, Weihai City Commercial Bank Co's highest PEG Ratio was 0.68. The lowest was 0.46. And the median was 0.51.


HKSE:09677's PEG Ratio is ranked better than
76.53% of 1142 companies
in the Banks industry
Industry Median: 1.435 vs HKSE:09677: 0.68

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


Weihai City Commercial Bank Co PEG Ratio Historical Data

The historical data trend for Weihai City Commercial Bank Co'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.

Weihai City Commercial Bank Co PEG Ratio Chart

Weihai City Commercial Bank Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial - - - 0.52 0.64

Weihai City Commercial Bank Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.52 - 0.64

Competitive Comparison of Weihai City Commercial Bank Co's PEG Ratio

For the Banks - Regional subindustry, Weihai City Commercial Bank Co'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.


Weihai City Commercial Bank Co's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Weihai City Commercial Bank Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Weihai City Commercial Bank Co's PEG Ratio falls into.



Weihai City Commercial Bank Co 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.

Weihai City Commercial Bank Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=8.5173501577287/12.60
=0.68

* 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.


Weihai City Commercial Bank Co  (HKSE:09677) 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.


Weihai City Commercial Bank Co PEG Ratio Related Terms

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Weihai City Commercial Bank Co (HKSE:09677) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Baoquan Road, Finance Building, Shandong Province, Weihai, CHN, 264200
Weihai City Commercial Bank Co Ltd offers banking services. The group's principal businesses include corporate banking, retail banking, financial market business, and others. It generates maximum revenue from the corporate banking segment. The Corporate banking segment represents the provision of a range of financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services, guarantee services, and finance leasing services.

Weihai City Commercial Bank Co (HKSE:09677) Headlines

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