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Sparebanken More (OSL:MORG) PEG Ratio : 0.97 (As of May. 26, 2024)


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What is Sparebanken More 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, Sparebanken More's PE Ratio without NRI is 5.93. Sparebanken More's 5-Year Book Value growth rate is 6.10%. Therefore, Sparebanken More's PEG Ratio for today is 0.97.

* 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 Sparebanken More's PEG Ratio or its related term are showing as below:

OSL:MORG' s PEG Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.22   Max: 2.01
Current: 0.97


During the past 13 years, Sparebanken More's highest PEG Ratio was 2.01. The lowest was 0.47. And the median was 1.22.


OSL:MORG's PEG Ratio is ranked better than
64.63% of 1148 companies
in the Banks industry
Industry Median: 1.445 vs OSL:MORG: 0.97

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


Sparebanken More PEG Ratio Historical Data

The historical data trend for Sparebanken More'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.

Sparebanken More PEG Ratio Chart

Sparebanken More 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 0.58 0.65 0.96 0.90 0.71

Sparebanken More 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 1.26 1.23 1.19 0.71 1.08

Competitive Comparison of Sparebanken More's PEG Ratio

For the Banks - Regional subindustry, Sparebanken More'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.


Sparebanken More's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebanken More's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Sparebanken More's PEG Ratio falls into.



Sparebanken More 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.

Sparebanken More's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=5.9343346140412/6.10
=0.97

* 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.


Sparebanken More  (OSL:MORG) 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.


Sparebanken More PEG Ratio Related Terms

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


Sparebanken More (OSL:MORG) Business Description

Traded in Other Exchanges
Address
Kipervikgata 6, Ålesund, NOR, 6003
Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, saving accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services as well as insurance industries. It firm manages its business into three segments Corporate, Retail, and Real estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.

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