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Center Bancorp (Center Bancorp) PEG Ratio : 0.00 (As of Apr. 25, 2024)


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What is Center Bancorp 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, Center Bancorp's PE Ratio without NRI is 0.00. Center Bancorp's 5-Year Book Value growth rate is 8.90%. Therefore, Center Bancorp's PEG Ratio for today is 0.00.

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

CNBC' s PEG Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.97   Max: 1.7
Current: 1.07


During the past 13 years, Center Bancorp's highest PEG Ratio was 1.70. The lowest was 0.48. And the median was 0.97.


CNBC's PEG Ratio is ranked better than
60.64% of 1133 companies
in the Banks industry
Industry Median: 1.44 vs CNBC: 1.07

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


Center Bancorp PEG Ratio Historical Data

The historical data trend for Center Bancorp'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.

Center Bancorp PEG Ratio Chart

Center Bancorp 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 1.61 1.16 1.10 0.81 1.24

Center Bancorp 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 0.81 0.63 0.67 0.81 1.24

Competitive Comparison of Center Bancorp's PEG Ratio

For the Banks - Regional subindustry, Center Bancorp'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.


Center Bancorp's PEG Ratio Distribution in the Banks Industry

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

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



Center Bancorp 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.

Center Bancorp's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=/8.90
=0.00

* 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.


Center Bancorp  (NAS:CNBC) 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.


Center Bancorp PEG Ratio Related Terms

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


Center Bancorp (Center Bancorp) Business Description

Traded in Other Exchanges
Address
301 Sylvan Avenue, Englewood Cliffs, NJ, USA, 07632
ConnectOne Bancorp Inc is a holding company. The company through its holding provides banking services including lending, depository, and related financial services to commercial, industrial and governmental customers. It is managed as one segment: a community bank. It generates revenue from net interest income.
Executives
Frank Iii Huttle director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Alexander Bol director C/O CENTER BANCORP INC, 2455 MORRIS AVENUE, UNION NJ 07083
William Thompson director C/O CENTER BANCORP INC, 2455 MORRIS AVENUE, UNION NJ 07083
Frank W Baier director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Mark Sokolich director 204 MAIN STREET, FORT LEE NJ 07024
Nicholas Minoia director 17 REGER ROAD, SUCCASUNNA NJ 07876
Michael W Kempner director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Joseph Jr. Parisi director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Stephen T. Boswell director CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Katherin Nukk-freeman director C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Daniel E Rifkin director C/O CONNECTONE BANK, 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Elizabeth Magennis officer: EVP & Chief Lending Officer CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Michael J. Mcgrover officer: FSVP & Chief Credit Officer C/O CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Frank Iii Sorrentino director, officer: Chairman, President & CEO CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Christopher J. Ewing officer: EVP & Chief Operations Officer CONNECTONE BANCORP, INC., 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632

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