Si Collection, Upper Volume
Radical: Water (shuǐ)
Entry: Pēng
Kangxi Strokes: 9
Page 616, Entry 19
Pronounced píng.
According to the Explaining and Analyzing Characters (Shuowen jiezi), it refers to a valley. Another definition states it is the name of a river.
Also, according to the Collected Rhymes (Jiyun), it is pronounced bàng. This is the original form of the character written as pēng. It refers to the sound of water.
As cited in Liu Zongyuan's Inquiry into Jin (Jinwen): The surging and roaring sound of water spans many thousands of miles. The original character was written with the component for bìng.