As of Nov 11, 2026, EXLS's PEG ratio of 2.18 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 26.14 measured against EPS growth of 12.0%. When benchmarked against the trailing 4-quarter average of 1.44, EXLS's PEG ratio reflects a 52% increase.
ExlService Holdings's ten years historical PEG ratio averages out to 1.68. Compared to historical data, EXLS's 2.18 PEG ratio represents an increase of 30%. EXLS hit its maximum PEG ratio of 5.93 during the Jun 2024 quarter over the last ten years. The Mar 2020 quarter marked the lowest reading at 0.41, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.98 | 27.21 | 27.9% |
| 2024 | 3.67 | 36.38 | 9.9% |
| 2023 | 0.95 | 27.79 | 29.1% |
| 2022 | 1.49 | 39.4 | 26.5% |
| 2021 | 1.38 | 42.58 | 30.8% |
| 2020 | 0.98 | 32.74 | 33.3% |
| 2019 | 1.96 | 35.62 | 18.2% |
| 2018 | 2.31 | 31.89 | 13.8% |
| 2017 | N/A | 41.62 | -21.6% |
| 2016 | 1.41 | 27.26 | 19.4% |
| 2015 | 0.53 | 28.99 | 55% |
| 2014 | N/A | 28.71 | -31% |
| 2013 | 1.66 | 19.05 | 11.5% |
| 2012 | 1.57 | 20.38 | 13% |
| 2011 | 0.7 | 19.45 | 27.8% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 1.71 | 20.46 | 12% |
| Jun 2026 | 1.98 | 16.26 | 8.2% |
| Mar 2026 | 1.08 | 19.27 | 17.9% |
| Dec 2025 | 0.98 | 27.21 | 27.9% |
| Sep 2025 | 0.97 | 29.35 | 30.4% |
| Jun 2025 | 0.83 | 29.79 | 36.1% |
| Mar 2025 | 1.54 | 35.23 | 22.9% |
| Dec 2024 | 3.67 | 36.38 | 9.9% |
| Sep 2024 | 3.49 | 33.17 | 9.5% |
| Jun 2024 | 5.93 | 29.04 | 4.9% |
| Mar 2024 | 1.98 | 29.17 | 14.7% |
| Dec 2023 | 0.95 | 27.79 | 29.1% |
| Sep 2023 | 1.07 | 26.7 | 25% |
| Jun 2023 | 0.83 | 29.33 | 35.5% |
| Mar 2023 | 1.01 | 34.07 | 33.8% |
Measured against past performance, EXLS's PEG ratio is above the 3, 5 and 10-year averages.
With a PEG of 2.18, EXLS ranks higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 0.56, ExlService Holdings's PEG is 289% higher.
EXLS carries a PEG ratio higher than that of peer stocks BR and G. At 2.18, ExlService Holdings's PEG ratio sits higher than the peer group average of 0.96.
EXLS's Nov 11, 2026 PEG ratio comes in at 2.18.
EXLS's 3-year PEG ratio average comes in at 2.09.
EXLS's 5-year PEG ratio average comes in at 1.95.
In the last ten years, EXLS's peak PEG ratio of 5.93 occurred in the Jun 2024 quarter.
At present, EXLS's PEG ratio runs 30% higher than its 10-year historical average.
The elevated PEG ratio of 2.18 indicates that EXLS may be priced above its earnings growth potential.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth rate (YoY TTM). As of Nov 11, 2026, ExlService Holdings carries a PE ratio of 26.14. Earnings grew at 12.0% over the TTM period ending Sep 2026. Applying the formula, this yields a PEG ratio of 2.18. PEG RATIO(2.18) = PE RATIO(26.14) / EPS GROWTH(12.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.