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1st Source (1st Source) PEG Ratio : 1.89 (As of May. 06, 2024)


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What is 1st Source 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, 1st Source's PE Ratio without NRI is 10.37. 1st Source's 5-Year Book Value growth rate is 5.50%. Therefore, 1st Source's PEG Ratio for today is 1.89.

* 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 1st Source's PEG Ratio or its related term are showing as below:

SRCE' s PEG Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.29   Max: 3.72
Current: 1.89


During the past 13 years, 1st Source's highest PEG Ratio was 3.72. The lowest was 1.13. And the median was 2.29.


SRCE's PEG Ratio is ranked worse than
60.07% of 1132 companies
in the Banks industry
Industry Median: 1.43 vs SRCE: 1.89

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


1st Source PEG Ratio Historical Data

The historical data trend for 1st Source'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.

1st Source PEG Ratio Chart

1st Source 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 2.12 1.74 1.36 2.00 2.45

1st Source 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 1.68 1.71 1.83 2.45 2.35

Competitive Comparison of 1st Source's PEG Ratio

For the Banks - Regional subindustry, 1st Source'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.


1st Source's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, 1st Source's PEG Ratio distribution charts can be found below:

* The bar in red indicates where 1st Source's PEG Ratio falls into.



1st Source 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.

1st Source's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=10.372983870968/5.50
=1.89

* 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.


1st Source  (NAS:SRCE) 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.


1st Source PEG Ratio Related Terms

Thank you for viewing the detailed overview of 1st Source's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


1st Source (1st Source) Business Description

Traded in Other Exchanges
N/A
Address
100 North Michigan Street, South Bend, IN, USA, 46601
1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services which includes wide range of trust, investment, agency, and custodial services for individual, corporate, and not-for-profit clients, and Specialty Finance Group Services that provide a broad range of comprehensive equipment loan and lease products addressing the financing needs of a broad array of companies.
Executives
Daniel B Fitzpatrick director 4220 EDISON LAKES PKWY, C/O QUALITY DINING INC, MISHAWAKA IN 46545
Mark D Schwabero director BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
Isaac P. Torres director P O BOX 1602, SOUTH BEND IN 46634
Brett A. Bauer officer: Treasurer and CFO P O BOX 1602, SOUTH BEND IN 46634
Andrea G Short officer: Treasurer and CFO PO BOX 1602, SOUTH BEND IN 46634
Weybright Ronda Shrewsbury director P O BOX 1602, SOUTH BEND IN 46634
Tracy D Graham director PO BOX 1602, SOUTH BEND IN 46634
John T Phair director P.O. BOX 1602, SOUTH BEND IN 46634
Melody Birmingham-byrd director PO BOX 1602, SOUTH BEND IN 46634
Todd F. Schurz director P O BOX 1602, SOUTH BEND IN 46634
Murphy Christopher J Iii director, officer: Chairman, CEO P O BOX 1602, SOUTH BEND IN 46634
Carmen C Murphy 10 percent owner 1237 EAST JEFFERSON BOULEVARD, SOUTH BEND IN 46617
John B Griffith officer: Sr. VP/Secy. 1st Source Bank P O BOX 1602, SOUTH BEND IN 46634
John Afleck-graves director 3820 EDISON LAKES PARKWAY, MISHAWAKA IN 46545
Jeffrey L Buhr officer: Senior Vice President PO BOX 1602, SOUTH BEND IN 46634