As of Jun 5, 2026, NVDA's PEG ratio of 0.29 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 31.27 measured against EPS growth of 108.9%. When benchmarked against the trailing 4-quarter average of 0.61, NVDA's PEG ratio reflects a 52% decrease.
Nvidia's ten years historical PEG ratio averages out to 0.92. Compared to historical data, NVDA's 0.29 PEG ratio represents a decrease of 68%. NVDA hit its maximum PEG ratio of 8.49 during the Jul 2022 quarter over the last ten years. The Apr 2024 quarter marked the lowest reading at 0.07, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | 0.58 | 38.07 | 66% |
| 2025 | 0.33 | 48.02 | 145.5% |
| 2024 | 0.09 | 50.44 | 572.2% |
| 2023 | N/A | 113.14 | -53.8% |
| 2022 | 0.5 | 58.56 | 116.7% |
| 2021 | 1.44 | 72.17 | 50% |
| 2020 | N/A | 52.18 | -29.4% |
| 2019 | 0.76 | 23.55 | 30.8% |
| 2018 | 0.75 | 46.79 | 62.5% |
| 2017 | 0.21 | 34.93 | 166.7% |
| 2016 | N/A | 24.4 | 0% |
| 2015 | 0.35 | 17.27 | 50% |
| 2014 | N/A | 19.45 | 0% |
| 2013 | N/A | 15.5 | 0% |
| 2012 | 0.19 | 18.65 | 100% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Apr 2026 | 0.29 | 31.75 | 108.9% |
| Jan 2026 | 0.58 | 38.07 | 66% |
| Oct 2025 | 0.79 | 45.88 | 58% |
| Jul 2025 | 0.76 | 49.01 | 64.7% |
| Apr 2025 | 0.43 | 35.35 | 82.6% |
| Jan 2025 | 0.33 | 48.02 | 145.5% |
| Oct 2024 | 0.24 | 55.07 | 233.8% |
| Jul 2024 | 0.13 | 52.59 | 411.9% |
| Apr 2024 | 0.07 | 51.01 | 760% |
| Jan 2024 | 0.09 | 50.44 | 572.2% |
| Oct 2023 | 0.24 | 52.6 | 220.8% |
| Jul 2023 | 3.14 | 111.31 | 35.5% |
| Apr 2023 | N/A | 138.75 | -47.4% |
| Jan 2023 | N/A | 113.14 | -53.8% |
| Oct 2022 | N/A | 57.64 | -27.3% |
NVDA's PEG ratio today comes in under the 3, 5 and 10-year averages.
Nvidia's PEG of 0.29 is lower than the Technology sector and the industry average. In comparison with the Technology sector average of 0.74, Nvidia's PEG is 61% lower.
NVDA carries a PEG ratio lower than that of peer stocks MSFT and AMD.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| NVDA Nvidia Corp | 0.29 | $5.05T |
| MSFT Microsoft Corp | 0.82 | $3.06T |
| AMD Advanced Micro Devices Inc | 1.28 | $799.53B |
| TXN Texas Instruments Inc | 4.81 | $264.75B |
| INTC Intel Corp | N/A | $554.22B |
| AMBA Ambarella Inc | N/A | $3.01B |
| QCOM Qualcomm Inc | N/A | $229.53B |
| STM ST Microelectronics | N/A | $66.67B |
According to Jun 5, 2026 figures, NVDA's PEG ratio stands at 0.29.
Across the past 3 years, NVDA's PEG ratio has centered around 0.59.
Across the past 5 years, NVDA's PEG ratio has centered around 1.07.
NVDA's PEG ratio topped out at 8.49 during the Jul 2022 quarter - the highest in ten years.
At present, NVDA's PEG ratio runs 68% lower than its 10-year historical average.
Strong earnings growth relative to valuation results in NVDA's low PEG ratio of 0.29.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jun 5, 2026, Nvidia carries a PE ratio of 31.27. Earnings grew at 108.9% over the TTM period ending Apr 2026. Applying the formula, this yields a PEG ratio of 0.29. PEG RATIO(0.29) = PE RATIO(31.27) / EPS GROWTH(108.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.