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Firstrand (Firstrand) PEG Ratio : 1.05 (As of May. 25, 2024)


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What is Firstrand 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, Firstrand's PE Ratio without NRI is 9.99. Firstrand's 5-Year Book Value growth rate is 9.50%. Therefore, Firstrand's PEG Ratio for today is 1.05.

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

FANDY' s PEG Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.2   Max: 2.05
Current: 1.07


During the past 13 years, Firstrand's highest PEG Ratio was 2.05. The lowest was 0.67. And the median was 1.20.


FANDY's PEG Ratio is ranked better than
62.02% of 1148 companies
in the Banks industry
Industry Median: 1.445 vs FANDY: 1.07

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


Firstrand PEG Ratio Historical Data

The historical data trend for Firstrand'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.

Firstrand PEG Ratio Chart

Firstrand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.18 1.06 1.06 1.10

Firstrand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 1.06 - 1.10 -

Competitive Comparison of Firstrand's PEG Ratio

For the Banks - Diversified subindustry, Firstrand'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.


Firstrand's PEG Ratio Distribution in the Banks Industry

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

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



Firstrand 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.

Firstrand's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=9.9944629014396/9.50
=1.05

* 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.


Firstrand  (OTCPK:FANDY) 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.


Firstrand PEG Ratio Related Terms

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


Firstrand (Firstrand) Business Description

Traded in Other Exchanges
Address
Corner Fredman Drive and Rivonia Road, 4 Merchant Place, C Low, Sandton, Johannesburg, GT, ZAF, 2196
Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The bank's retail and commercial brand is the contributor of normalized earnings, followed by its corporate and investment brand. FirstRand's retail and commercial division emphasizes a diverse range of financial services with a strategic emphasis on cost controls and digital platforms. The bank's corporate and investment brand heavily relies on its origination franchise as part of its value proposition.

Firstrand (Firstrand) Headlines

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