Banco de Chile PEG
What is the PEG of Banco de Chile?
The PEG of Banco de Chile is 1.90
What is the definition of PEG?
Price/earnings to growth (PEG) ratio is a stock’s P/E ratio divided by a predicted growth rate of its earnings for a time period of 5 years.
= forward PE / 5-year EPS growth rate
The PEG ratio is calculated by dividing the P/E ratio by the company's expected earnings growth rate in the next 5 years. Since using just the P/E ratio would make high-growth companies appear overvalued relative to others, the PEG ratio is considered to be a convenient approximation. PEG is a widely employed indicator of a stock's possible true value.
Similar to P/E ratios, a lower PEG means that the stock is undervalued more. It is favored by many over the price/earnings ratio because it also accounts for growth. The PEG ratio of 1 is sometimes said to represent a fair trade-off between the values of cost and the values of growth, indicating that a stock is reasonably valued given the expected growth. A crude analysis suggests that companies with PEG values between 0 and 1 may provide higher returns. A PEG Ratio can also be a negative number if a stock's present income figure is negative, (negative earnings) or if future earnings are expected to drop (negative growth). PEG ratios calculated from negative present earnings are viewed with skepticism as almost meaningless, other than as an indication of high investment risk.
PEG of companies in the Finance sector on NYSE compared to Banco de Chile
What does Banco de Chile do?
somos una corporación líder con una prestigiosa tradición de negocios. nuestro propósito es proveer servicios financieros de excelencia, con soluciones creativas y efectivas para cada segmento de clientes, que aseguren la permanente creación de valor para nuestros accionistas. queremos ser el mejor banco para nuestros clientes, el mejor lugar para trabajar, la mejor inversión para nuestros accionistas.
Companies with peg similar to Banco de Chile
- Shiseido Co has PEG of 1.89
- Air Products and Chemicals has PEG of 1.89
- Old Dominion Freight Line has PEG of 1.89
- Henry Schein has PEG of 1.89
- Atlas Copco AB has PEG of 1.90
- Zurich Insurance AG has PEG of 1.90
- Banco de Chile has PEG of 1.90
- KB Home has PEG of 1.90
- Joint Corp has PEG of 1.90
- Jubilant FoodWorks has PEG of 1.90
- Eni S.p.A has PEG of 1.90
- Thales SA has PEG of 1.90
- EssilorLuxottica SA has PEG of 1.90