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AllianceBernstein Holding LP (AllianceBernstein Holding LP) PEG Ratio : 3.07 (As of Apr. 30, 2024)


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What is AllianceBernstein Holding LP 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, AllianceBernstein Holding LP's PE Ratio without NRI is 11.06. AllianceBernstein Holding LP's 5-Year Book Value growth rate is 3.60%. Therefore, AllianceBernstein Holding LP's PEG Ratio for today is 3.07.

* 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 AllianceBernstein Holding LP's PEG Ratio or its related term are showing as below:

AB' s PEG Ratio Range Over the Past 10 Years
Min: 3.07   Med: 23.94   Max: 372.33
Current: 3.07


During the past 13 years, AllianceBernstein Holding LP's highest PEG Ratio was 372.33. The lowest was 3.07. And the median was 23.94.


AB's PEG Ratio is ranked worse than
66.51% of 421 companies
in the Asset Management industry
Industry Median: 1.86 vs AB: 3.07

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


AllianceBernstein Holding LP PEG Ratio Historical Data

The historical data trend for AllianceBernstein Holding LP'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.

AllianceBernstein Holding LP PEG Ratio Chart

AllianceBernstein Holding LP 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 - - 24.23 10.23 3.04

AllianceBernstein Holding LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.76 4.44 3.59 3.04 3.16

Competitive Comparison of AllianceBernstein Holding LP's PEG Ratio

For the Asset Management subindustry, AllianceBernstein Holding LP'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.


AllianceBernstein Holding LP's PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AllianceBernstein Holding LP's PEG Ratio distribution charts can be found below:

* The bar in red indicates where AllianceBernstein Holding LP's PEG Ratio falls into.



AllianceBernstein Holding LP 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.

AllianceBernstein Holding LP's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=11.060200668896/3.60
=3.07

* 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.


AllianceBernstein Holding LP  (NYSE:AB) 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.


AllianceBernstein Holding LP PEG Ratio Related Terms

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


AllianceBernstein Holding LP (AllianceBernstein Holding LP) Business Description

Traded in Other Exchanges
N/A
Address
501 Commerce Street, Nashville, TN, USA, 37203
AllianceBernstein provides investment management services to institutional (44% of assets under management), retail (39%), and private (17%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of October 2023, AB had $652 billion in managed assets, composed primarily of fixed-income (39% of AUM) and equity (42%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder. The company also provides sell-side research and brokerage services through its Sanford Bernstein subsidiary (which has been put in available-for-sale status following the joint venture agreement with Société Générale).
Executives
Thomas Simeone officer: Chief Accounting Officer ALLIANCEBERNSTEIN, 501 COMMERCE STREET, NASHVILLE TN 37203
Kate C Burke officer: Head of Human Capital and CTO /CO ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Joan M Lammtennant director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Karl Sprules officer: Head of Global Tech and Ops C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark R Manley officer: SVP/Acting GC of Gen. Partner C/O ALLIANCE CAPITAL, 1345 AVENUE OF AMERICAS, NEW YORK NY 10105
Onur Erzan officer: Head, Gl. Cl. Grp. & Pr. Wlth. C/O ALLIANCE BERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Stonehill Charles G.t. director C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Todd Walthall director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Laurence E Cranch officer: General Counsel ALLIANCE CAPITAL MANAGEMENT L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ali Dibadj officer: CFO and Head of Strategy C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Bertram L Scott director C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
James A Gingrich officer: Chief Operating Officer C/O ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Seth P Bernstein director, officer: President and CEO C/O ALLIANCEBERNSTEIN HOLDING, L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Nella Domenici director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John C Weisenseel officer: Chief Financial Officer C/O ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105