GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) » Definitions » PEG Ratio

Voya Asia Pacific High Dividend Equityome Fund (Voya Asia Pacific High Dividend Equityome Fund) PEG Ratio : N/A (As of May. 26, 2024)


View and export this data going back to . Start your Free Trial

What is Voya Asia Pacific High Dividend Equityome Fund 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, Voya Asia Pacific High Dividend Equityome Fund's PE Ratio without NRI is 13.26. Voya Asia Pacific High Dividend Equityome Fund's 5-Year Book Value growth rate is -7.20%. Therefore, Voya Asia Pacific High Dividend Equityome Fund's PEG Ratio for today is N/A.

* 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 Voya Asia Pacific High Dividend Equityome Fund's PEG Ratio or its related term are showing as below:



IAE's PEG Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.905
* 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.


Voya Asia Pacific High Dividend Equityome Fund PEG Ratio Historical Data

The historical data trend for Voya Asia Pacific High Dividend Equityome Fund'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.

Voya Asia Pacific High Dividend Equityome Fund PEG Ratio Chart

Voya Asia Pacific High Dividend Equityome Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
PEG Ratio
Get a 7-Day Free Trial - - - - -

Voya Asia Pacific High Dividend Equityome Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - - - - -

Competitive Comparison of Voya Asia Pacific High Dividend Equityome Fund's PEG Ratio

For the Asset Management subindustry, Voya Asia Pacific High Dividend Equityome Fund'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.


Voya Asia Pacific High Dividend Equityome Fund's PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Asia Pacific High Dividend Equityome Fund's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Voya Asia Pacific High Dividend Equityome Fund's PEG Ratio falls into.



Voya Asia Pacific High Dividend Equityome Fund 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.

Voya Asia Pacific High Dividend Equityome Fund's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=13.255460385439/-7.20
=N/A

* 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.


Voya Asia Pacific High Dividend Equityome Fund  (NYSE:IAE) 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.


Voya Asia Pacific High Dividend Equityome Fund PEG Ratio Related Terms

Thank you for viewing the detailed overview of Voya Asia Pacific High Dividend Equityome Fund's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Voya Asia Pacific High Dividend Equityome Fund (Voya Asia Pacific High Dividend Equityome Fund) Business Description

Traded in Other Exchanges
N/A
Address
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Asia Pacific High Dividend Equity Income Fund is a United States-based diversified, closed-end fund. The fund's investment objective is total return through a combination of current income, capital gains, and capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing in a portfolio of dividend-yielding equity securities of Asia Pacific companies.
Executives
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Paul Zemsky other: SMD, CIO 230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa other: Managing Director 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Mark Weber officer: Senior Managing Director 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Russell H Jones director
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Manu Vandenbulck other: Portfolio Manager PRINSES BEATRIXLAAN 15, DEN HAAG P7 2595AK
Nicolas Simar other: Portfolio Manager PRINSES BEATRIXLAAN 15, DEN HAAG P7 2595AK
Satish Sadashiv Bapat officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS

Voya Asia Pacific High Dividend Equityome Fund (Voya Asia Pacific High Dividend Equityome Fund) Headlines