Peer Group Ranking definition

Peer Group Ranking shall be the percentile in which the Company’s performance ranks when compared with the Peer Group Companies’ performance for the applicable performance criteria. For purposes of determining this ranking, the Company will be added to the total number of Peer Group Companies participating in the ranking. For example, if the Company ranked eighth when compared to the 15 Peer Group Companies, the Company’s ranking would be in the 50th percentile (8 of 16). For purposes of determining this ranking, the Operating Margin, Total Return, Cumulative Operating Margin and Cumulative Total Return Margin, as the case may be, will be calculated for each of the Peer Group Companies.
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Examples of Peer Group Ranking in a sentence

  • Peer Group Ranking (“PG Ranking”) means the ranking of the Company’s ROA for the fiscal measurement period relative to the ROA achieved by each of the other Peer Group Companies for such fiscal measurement period.

  • Peer Group Ranking (out of 13 companies) Performance Percentage1 No. 1-7 100 % No. 8 83.33 % No. 9 66.67 % No. 102 50 % No. 11-13 0 % 1 The Performance Percentage between No. 7 and No. 10 is a percentage between 50% and 100% based on a comparison of the Total Returns described above.

  • The Award, which is subject to adjustment under the terms of this Agreement and the Plan, gives the Participant the opportunity to earn the right to receive the number of shares of Common Stock of the Company equal to the number of RSUs shown in the prior sentence if the Target Peer Group Ranking, as established by the Committee and described in Subparagraph 4(b) below, is achieved by the Company over the Performance Period (as defined in Subparagraph 5(b)(ii) below).

  • Peer Group Ranking (out of 13 companies) Performance Percentage1 No. 102 50% 1 The Performance Percentage between No. 7 and No. 10 is a percentage between 50% and 100% based on a comparison of the Total Returns described above.

  • For example, if the Peer Group Ranking is 60%, the Payout Percentage is 91.67%, calculated as follows: (((60% - 50%)(100% - 75%) / (65% - 50%)) + 75%) = 91.65%.

  • For avoidance of doubt, no Performance Shares will be earned under the Performance Goal Table set forth above if the Peer Group Ranking is less than 35%, and no more than 200% of the Target Number of Performance will be earned under the Performance Goal Table set forth above if the Peer Group Ranking is more than 90%.