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China Development Financial Holding (TPE:2883) PEG Ratio : 3.38 (As of May. 20, 2024)


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What is China Development Financial Holding 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, China Development Financial Holding's PE Ratio without NRI is 12.49. China Development Financial Holding's 5-Year Book Value growth rate is 3.70%. Therefore, China Development Financial Holding's PEG Ratio for today is 3.38.

* 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 China Development Financial Holding's PEG Ratio or its related term are showing as below:

TPE:2883' s PEG Ratio Range Over the Past 10 Years
Min: 1.17   Med: 9.62   Max: 70.52
Current: 3.38


During the past 13 years, China Development Financial Holding's highest PEG Ratio was 70.52. The lowest was 1.17. And the median was 9.62.


TPE:2883's PEG Ratio is ranked worse than
82.78% of 151 companies
in the Insurance industry
Industry Median: 1.12 vs TPE:2883: 3.38

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


China Development Financial Holding PEG Ratio Historical Data

The historical data trend for China Development Financial Holding'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.

China Development Financial Holding PEG Ratio Chart

China Development Financial Holding 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 5.18 3.24 1.39 7.10 6.76

China Development Financial Holding Quarterly Data
Mar19 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 7.10 12.47 8.39 9.83 6.76

Competitive Comparison of China Development Financial Holding's PEG Ratio

For the Insurance - Life subindustry, China Development Financial Holding'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.


China Development Financial Holding's PEG Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Development Financial Holding's PEG Ratio distribution charts can be found below:

* The bar in red indicates where China Development Financial Holding's PEG Ratio falls into.



China Development Financial Holding 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.

China Development Financial Holding's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=12.489158716392/3.70
=3.38

* 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.


China Development Financial Holding  (TPE:2883) 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.


China Development Financial Holding PEG Ratio Related Terms

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


China Development Financial Holding (TPE:2883) Business Description

Traded in Other Exchanges
N/A
Address
No. 135, Dunhua N. Road, Songshan District, Taipei, TWN, 105
China Development Financial Holding Corp is a financial services group catering primarily to the Taiwanese and Chinese markets. The company operates under four reportable segments: Venture Capital, which engages in investing, fundraising, and the management of private equity funds; Commercial Banking, which engages in consumer banking, corporate banking, and global market and financial institutions; Securities, which engages in wealth management, trading, and investment banking; and Insurance, which operates life insurance businesses. Most of its revenue is derived from noninterest income through the insurance segment.

China Development Financial Holding (TPE:2883) Headlines

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