NDAQ Nasdaq PE ratio, current and historical analysis
The PE ratio for Nasdaq stock stands at 38.61 as of Mar 28, 2025. This is based on the current EPS of $1.94 and the stock price of $74.91 per share. The current PE ratio is comparable to the past 4-quarter average.
NDAQ PE ratio history
Over the last ten years, the average PE ratio of Nasdaq has been 30.47. The current 38.61 P/E ratio is 27% higher than the historical average. In the past ten years, NDAQ's PE ratio peaked in the Dec 2016 quarter at 106.54, with a price of $22.37 and an EPS of $0.21. The Dec 2017 quarter marked the lowest point at 17.54, with a price of $25.61 and an EPS of $1.46.
Nasdaq PE ratio by year
Maximum annual increase: 367.08% in 2016
Maximum annual decrease: -83.54% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 39.85 | 43.91% | $77.31 | $1.94 |
| 2023 | 27.69 | 2.9% | $58.14 | $2.1 |
| 2022 | 26.91 | -8.5% | $61.35 | $2.28 |
| 2021 | 29.41 | 25.63% | $70 | $2.38 |
| 2020 | 23.41 | 2.32% | $44.25 | $1.89 |
| 2019 | 22.88 | -22.57% | $35.7 | $1.56 |
| 2018 | 29.55 | 68.47% | $27.19 | $0.92 |
| 2017 | 17.54 | -83.54% | $25.61 | $1.46 |
| 2016 | 106.54 | 367.08% | $22.37 | $0.21 |
| 2015 | 22.81 | 16.97% | $19.39 | $0.85 |
| 2014 | 19.5 | 13.17% | $15.99 | $0.82 |
| 2013 | 17.23 | 44.79% | $13.27 | $0.77 |
| 2012 | 11.9 | 6.34% | $8.33 | $0.7 |
| 2011 | 11.19 | -8.05% | $8.17 | $0.73 |
| 2010 | 12.17 | -20.82% | $7.91 | $0.65 |
Nasdaq PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 39.85 | -8.85% | $77.31 | $1.94 |
| Sep 2024 | 43.72 | 26.25% | $73.01 | $1.67 |
| Jun 2024 | 34.63 | 3.71% | $60.26 | $1.74 |
| Mar 2024 | 33.39 | 20.59% | $63.1 | $1.89 |
| Dec 2023 | 27.69 | 28.19% | $58.14 | $2.1 |
| Sep 2023 | 21.6 | -2.53% | $48.59 | $2.25 |
| Jun 2023 | 22.16 | -5.54% | $49.85 | $2.25 |
| Mar 2023 | 23.46 | -12.82% | $54.67 | $2.33 |
| Dec 2022 | 26.91 | 9.21% | $61.35 | $2.28 |
| Sep 2022 | 24.64 | 10% | $56.68 | $2.3 |
| Jun 2022 | 22.4 | -11.74% | $50.85 | $2.27 |
| Mar 2022 | 25.38 | -13.7% | $59.4 | $2.34 |
| Dec 2021 | 29.41 | 6.06% | $70 | $2.38 |
| Sep 2021 | 27.73 | 8.36% | $64.34 | $2.32 |
| Jun 2021 | 25.59 | 8.29% | $58.6 | $2.29 |
NDAQ average PE ratio chart
Currently, NDAQ's PE ratio is higher than its 3, 5 and 10-year historical averages.
NDAQ PE vs peers
NDAQ's PE ratio stands higher than its peer stocks ICE and CME.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LAZ Lazard Ltd | 14.73 | $4.87B |
| CME Cme Group Inc | 27.06 | $94.49B |
| CBOE Cboe Global Markets Inc | 30.76 | $23.31B |
| ICE Intercontinental Exchange Inc | 36.4 | $100.38B |
| NDAQ Nasdaq Inc | 38.61 | $43.08B |
Frequently asked questions
What is Nasdaq's PE ratio?
NDAQ stock has a price to earnings ratio of 38.61 as of Mar 28, 2025.
What is the 3-year average PE ratio for Nasdaq (NDAQ)?
As an average over the last 3 years, NDAQ stock has a PE ratio of 28.82.
What is the 5-year average PE ratio for Nasdaq (NDAQ)?
As an average over the last 5 years, NDAQ stock has a PE ratio of 27.2.
What is the highest PE ratio for NDAQ?
Over the last ten years, the quarterly PE ratio reached a historic high of 106.54 in the Dec 2016 quarter.
How does the current PE ratio for NDAQ compare to its historical average?
NDAQ's current price to earnings ratio is 27% above its 10-year historical average.
How is NDAQ's PE ratio calculated (Nasdaq PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Mar 28, 2025), Nasdaq's stock price is $74.91. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.94. Therefore, Nasdaq's PE ratio for today is 38.61. PE RATIO(38.61) = STOCK PRICE($74.91) / TTM EPS($1.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.