* 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 BlackRock 2037 Mun Tgt's PEG Ratio or its related term are showing as below:
BMN's PEG Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.885 * Ranked among companies with meaningful PEG Ratio only.
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
* 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.
BlackRock 2037 Mun Tgt PEG Ratio Chart
BlackRock 2037 Mun Tgt Annual Data
Trend
Dec22
Dec23
PEG Ratio
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BlackRock 2037 Mun Tgt Semi-Annual Data
Dec22
Jun23
Dec23
PEG Ratio
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Competitive Comparison of BlackRock 2037 Mun Tgt's PEG Ratio
For the Asset Management subindustry, BlackRock 2037 Mun Tgt'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.
BlackRock 2037 Mun Tgt's PEG Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock 2037 Mun Tgt's PEG Ratio distribution charts can be found below:
* The bar in red indicates where BlackRock 2037 Mun Tgt's PEG Ratio falls into.
BlackRock 2037 Mun Tgt 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.
* 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.
BlackRock 2037 Mun Tgt (NYSE:BMN) 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.
BlackRock 2037 Mun Tgt PEG Ratio Related Terms
Thank you for viewing the detailed overview of BlackRock 2037 Mun Tgt's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackRock 2037 Mun Tgt (BlackRock 2037 Mun Tgt) Business Description
BlackRock 2037 Mun Tgt is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income that is exempt from regular federal income tax.
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