Industrial & Commercial Bank of China (IDCBY)
(Delayed Data from OTC)
$15.63 USD
+0.22 (1.43%)
Updated Aug 5, 2025 02:20 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
IDCBY 15.63 +0.22(1.43%)
Will IDCBY be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for IDCBY based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for IDCBY
Trump Wanted To Break China—Now It's Crushing The US At Its Own Game
Wall Street's Big 7 Are Now Bigger Than China's Entire Economy
Major Asia-Pacific Banks Post Market Cap Gains In Q2 As Interest Rates Fall
Huatai Securities Reaffirms Their Buy Rating on Industrial and Commercial Bank of China (IDCBF)
Industrial and Commercial Bank of China (IDCBF) Receives a Buy from DBS