Nasdaq is trading with a PEG ratio of 0.83, based on Jul 24, 2026 data. Dividing the 26.54 PE ratio by the 31.9% earnings growth rate yields this valuation metric. Relative to the 0.54 average from the previous four quarters, the PEG ratio has soared by 54%.
Historically, Nasdaq shows a PEG ratio averaging 0.67 across the past ten years. At 0.83, today's PE to growth ratio sits 24% above its historical average. The ten years high occurred in the Mar 2022 quarter at 2.03, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2017 quarter at 0.03, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.51 | 31.13 | 60.8% |
| 2024 | N/A | 39.85 | -7.6% |
| 2023 | N/A | 27.69 | -7.9% |
| 2022 | N/A | 26.91 | -4.2% |
| 2021 | 1.14 | 29.41 | 25.9% |
| 2020 | 1.1 | 23.41 | 21.2% |
| 2019 | 0.33 | 22.88 | 69.6% |
| 2018 | N/A | 29.55 | -37% |
| 2017 | 0.03 | 17.54 | 595.2% |
| 2016 | N/A | 106.54 | -75.3% |
| 2015 | 6.16 | 22.81 | 3.7% |
| 2014 | 3 | 19.5 | 6.5% |
| 2013 | 1.72 | 17.23 | 10% |
| 2012 | N/A | 11.9 | -4.1% |
| 2011 | 0.91 | 11.19 | 12.3% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.71 | 22.71 | 31.9% |
| Mar 2026 | 0.5 | 25.26 | 50.7% |
| Dec 2025 | 0.51 | 31.13 | 60.8% |
| Sep 2025 | 0.44 | 31.14 | 70.1% |
| Jun 2025 | 0.67 | 34 | 51.1% |
| Mar 2025 | 1.89 | 34.02 | 18% |
| Dec 2024 | N/A | 39.85 | -7.6% |
| Sep 2024 | N/A | 43.72 | -25.8% |
| Jun 2024 | N/A | 34.63 | -22.7% |
| Mar 2024 | N/A | 33.39 | -18.9% |
| Dec 2023 | N/A | 27.69 | -7.9% |
| Sep 2023 | N/A | 21.6 | -2.2% |
| Jun 2023 | N/A | 22.16 | -0.9% |
| Mar 2023 | N/A | 23.46 | -0.4% |
| Dec 2022 | N/A | 26.91 | -4.2% |
Measured against past performance, NDAQ's PEG ratio is higher than its 3 and 10-year averages, though it is below the 5-year average.
With a PEG of 0.83, NDAQ is above the Financial Services sector average but below the industry average. Compared to its Financial Services sector average of 0.48, Nasdaq's PEG is 73% higher.
Compared to its peers, NDAQ's PEG ratio is under CME's but above ICE's and CBOE's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| CBOE Cboe Global Markets Inc | 0.45 | $29.83B |
| ICE Intercontinental Exchange Inc | 0.5 | $82.45B |
| NDAQ Nasdaq Inc | 0.83 | $51.48B |
| CME Cme Group Inc | 1.45 | $91.8B |
| LAZ Lazard Ltd | N/A | $4.95B |
Based on Jul 24, 2026 data, NDAQ carries a PEG ratio of 0.83.
Over the last 3 years, NDAQ's PEG ratio has settled near 0.79.
Over the last 5 years, NDAQ's PEG ratio has settled near 1.0.
NDAQ's PEG ratio peaked at 2.03 during the Mar 2022 quarter - the highest in ten years.
Compared to the 10-year average, NDAQ's PEG ratio is 24% higher.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Jul 24, 2026, Nasdaq has a P/E ratio of 26.54. Earnings grew at 31.9% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 0.83. PEG RATIO(0.83) = PE RATIO(26.54) / EPS GROWTH(31.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.