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Cathay Financial Holding Co (TPE:2882) PEG Ratio : 15.88 (As of Apr. 30, 2024)


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What is Cathay Financial Holding 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, Cathay Financial Holding Co's PE Ratio without NRI is 19.06. Cathay Financial Holding Co's 5-Year Book Value growth rate is 1.20%. Therefore, Cathay Financial Holding Co's PEG Ratio for today is 15.88.

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

TPE:2882' s PEG Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.81   Max: 15.88
Current: 15.88


During the past 13 years, Cathay Financial Holding Co's highest PEG Ratio was 15.88. The lowest was 0.50. And the median was 0.81.


TPE:2882's PEG Ratio is ranked worse than
96.64% of 149 companies
in the Insurance industry
Industry Median: 1.06 vs TPE:2882: 15.88

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


Cathay Financial Holding Co PEG Ratio Historical Data

The historical data trend for Cathay Financial Holding 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.

Cathay Financial Holding Co PEG Ratio Chart

Cathay Financial Holding Co 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 1.08 0.82 0.60 - -

Cathay Financial Holding Co 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 - - - - -

Competitive Comparison of Cathay Financial Holding Co's PEG Ratio

For the Insurance - Life subindustry, Cathay Financial Holding 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.


Cathay Financial Holding Co's PEG Ratio Distribution in the Insurance Industry

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

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



Cathay Financial Holding 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.

Cathay Financial Holding Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=19.06191369606/1.20
=15.88

* 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.


Cathay Financial Holding Co  (TPE:2882) 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.


Cathay Financial Holding Co PEG Ratio Related Terms

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


Cathay Financial Holding Co (TPE:2882) Business Description

Traded in Other Exchanges
Address
No. 296, Section 4, Renai Road, Da'an District, Taipei, TWN, 106
Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The scope of its business is limited by the operation of law to the investment and management of financial services enterprises. The company is a hub for financial services primarily in insurance and banking, and secondarily in asset management. Cathay Financial Holding emphasizes cross-selling and information technology integration in its business model. most of its insurance business, which constitutes approximately half of the company's revenue mix, is related to life insurance. Its banking business, which makes up nearly the other half of its business, is mostly related to consumer and corporate banking.

Cathay Financial Holding Co (TPE:2882) Headlines

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