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Romsdal Sparebank (OSL:ROMSB) PEG Ratio : 0.92 (As of May. 12, 2024)


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What is Romsdal Sparebank 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, Romsdal Sparebank's PE Ratio without NRI is 12.24. Romsdal Sparebank's 5-Year Book Value growth rate is 13.30%. Therefore, Romsdal Sparebank's PEG Ratio for today is 0.92.

* 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 Romsdal Sparebank's PEG Ratio or its related term are showing as below:

OSL:ROMSB' s PEG Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.01   Max: 1.06
Current: 0.92


During the past 7 years, Romsdal Sparebank's highest PEG Ratio was 1.06. The lowest was 0.91. And the median was 1.01.


OSL:ROMSB's PEG Ratio is ranked worse than
51.85% of 27 companies
in the Diversified Financial Services industry
Industry Median: 0.91 vs OSL:ROMSB: 0.92

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


Romsdal Sparebank PEG Ratio Historical Data

The historical data trend for Romsdal Sparebank'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.

Romsdal Sparebank PEG Ratio Chart

Romsdal Sparebank Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial - - - 1.09 1.04

Romsdal Sparebank Quarterly Data
Dec18 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 1.09 - - - 1.04

Competitive Comparison of Romsdal Sparebank's PEG Ratio

For the Financial Conglomerates subindustry, Romsdal Sparebank'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.


Romsdal Sparebank's PEG Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Romsdal Sparebank's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Romsdal Sparebank's PEG Ratio falls into.



Romsdal Sparebank 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.

Romsdal Sparebank's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=12.236694363351/13.30
=0.92

* 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.


Romsdal Sparebank  (OSL:ROMSB) 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.


Romsdal Sparebank PEG Ratio Related Terms

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


Romsdal Sparebank (OSL:ROMSB) Business Description

Traded in Other Exchanges
N/A
Address
Torget 14, Elnesvagen, NOR, 6440
Romsdal Sparebank offers comprehensive banking and insurance solutions for both retail and corporate customers. The company's services include mobile banking, online banking, bank cards, overseas payments, car loans, mortgage, loans for other vehicles, small loans and refinancing, fund savings, retirement savings, among others.

Romsdal Sparebank (OSL:ROMSB) Headlines

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