BlackRock Floating Rate Income Trust (BGT) PEG Ratio: 0.22
Is BlackRock Floating Rate Income Trust’s PEG ratio high or low?
BlackRock Floating Rate Income Trust's PEG ratio of 0.22 is 29% above its 1-year average of 0.17, around the middle of its 1-year range (0.03–0.31).
29.41% above its 12-month average of 0.17.
BGT PEG Ratio Chart
BGT Average PEG Ratio Chart
BGT Current vs Average PEG Ratio Chart
BGT PEG Ratio Metrics
PEG RATIO
0.22
PEG RATIO AVG TTM
0.17
PEG RATIO AVG 3Y
0.17
PEG RATIO AVG 5Y
0.17
PEG RATIO AVG 10Y
N/A
PEG RATIO AVG 15Y
N/A
PEG RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+29.41%
CURRENT VS 3Y AVG
+29.41%
CURRENT VS 5Y AVG
+29.41%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
BGT Competitors' PEG Ratio
| NAME | MARKET CAP | PEG RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BlackRock Floating Rate Income Trust (BGT) | $317.93M | 0.22 | 0.17 | 0.17 | 0.17 |
| Isabella Bank Corporation (ISBA)vs › | $295.51M | 0.52 | 0.52 | 0.47 | 0.35 |
| DeFi Technologies Inc. (DEFT)vs › | $181.93M | 0.11 | 0.44 | 0.29 | 0.38 |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $160.51M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $127.66M | N/A | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $524.09M | N/A | 0.09 | 0.07 | 0.07 |
| CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)vs › | $5.89M | N/A | N/A | N/A | N/A |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $675.14M | N/A | N/A | N/A | N/A |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 0.16 | 0.48 | 0.33 | 0.33 |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.12B | 0.84 | 0.80 | 3.10 | 2.39 |
Growth-Adjusted Valuation
PEG Ratio
0.22
P/E Ratio
9.8
BlackRock Floating Rate Income Trust PEG Ratio Formula & Definition
PEG Ratio = PE Ratio / Earnings Growth Rate
The PEG ratio adjusts the PE ratio for expected earnings growth. A PEG near 1 is often considered fairly valued relative to growth.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
BlackRock Floating Rate Income Trust PEG Ratio FAQ
- What is the PEG ratio for BlackRock Floating Rate Income Trust (BGT)?
- The PEG ratio for BGT stock is 0.22.
- Is BlackRock Floating Rate Income Trust's PEG ratio high or low?
- BlackRock Floating Rate Income Trust's PEG ratio of 0.22 is 29% above its 1-year average of 0.17, around the middle of its 1-year range (0.03–0.31).
- What is the TTM average PEG ratio for BlackRock Floating Rate Income Trust (BGT)?
- The TTM average PEG ratio for BGT stock is 0.17.
- What is the 3Y average PEG ratio for BlackRock Floating Rate Income Trust (BGT)?
- The 3Y average PEG ratio for BGT stock is 0.17.
- What is the 5Y average PEG ratio for BlackRock Floating Rate Income Trust (BGT)?
- The 5Y average PEG ratio for BGT stock is 0.17.
BlackRock Floating Rate Income Trust PEG Ratio History
| DATE | PEG RATIO |
|---|---|
| 2022-12-31 | 0.31 |
| 2021-12-31 | 0.03 |
| 2016-10-31 | 0.12 |
Related Metrics
About BlackRock Floating Rate Income Trust
BlackRock Floating Rate Income Trust, an investment vehicle established in the United States on August 30, 2004 (originally known as BlackRock Global Floating Rate Income Trust), operates as a closed-end mutual fund concentrating on fixed income. Jointly managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc., under the umbrella of BlackRock Inc., the Trust strategically allocates capital to fixed income instruments across international markets, with a significant emphasis on opportunities within the United States. Its portfolio primarily comprises corporate bonds issued by companies spanning various sectors. A key characteristic of its investment strategy is maintaining an average effective portfolio duration of no more than 1.5 years.
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Charles Choon Sik Park