Based on the most recent data from Jun 22, 2026, NVMI's PEG ratio comes in at 3.73. This metric factors in a PE of 67.88 with an earnings growth rate of 18.2%. Relative to the 1.36 average from the previous four quarters, the PEG ratio has soared by 175%.
Looking at the last ten years, NVMI's PEG ratio has has been around 2.16 on average. At 3.73, today's PE to growth ratio sits 73% above its historical average. Within the last ten years, the Sep 2018 quarter recorded the highest PEG value at 25.95. At 0.03, the Sep 2017 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.04 | 38.14 | 36.5% |
| 2024 | 0.93 | 31.21 | 33.4% |
| 2023 | N/A | 29.05 | -3.3% |
| 2022 | 0.34 | 16.7 | 49.1% |
| 2021 | 0.49 | 44.66 | 91.8% |
| 2020 | 1.16 | 41.29 | 35.7% |
| 2019 | N/A | 30.02 | -35.1% |
| 2018 | 0.76 | 11.74 | 15.5% |
| 2017 | 0.04 | 15.42 | 380% |
| 2016 | N/A | 37.6 | -39.7% |
| 2015 | N/A | 16.9 | -14.7% |
| 2014 | 0.21 | 15.28 | 74.4% |
| 2013 | N/A | 25.23 | -11.4% |
| 2012 | N/A | 18.14 | -58.9% |
| 2011 | 0.39 | 6.89 | 17.6% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 2.78 | 50.56 | 18.2% |
| Dec 2025 | 1.04 | 38.14 | 36.5% |
| Sep 2025 | 0.94 | 38.42 | 41% |
| Jun 2025 | 0.67 | 34.27 | 51.2% |
| Mar 2025 | 0.49 | 25.35 | 51.8% |
| Dec 2024 | 0.93 | 31.21 | 33.4% |
| Sep 2024 | 1.35 | 35.31 | 26.1% |
| Jun 2024 | 3.59 | 44.17 | 12.3% |
| Mar 2024 | N/A | 37.03 | -2.4% |
| Dec 2023 | N/A | 29.05 | -3.3% |
| Sep 2023 | 4.07 | 24.03 | 5.9% |
| Jun 2023 | 2.3 | 24.8 | 10.8% |
| Mar 2023 | 0.78 | 21.28 | 27.2% |
| Dec 2022 | 0.34 | 16.7 | 49.1% |
| Sep 2022 | 0.4 | 19.3 | 47.8% |
NVMI's PEG ratio today is higher than its 3, 5 and 10-year averages.
Nova's PEG of 3.73 is above the Technology sector and the industry average. Compared to its Technology sector average of 0.75, Nova's PEG is 397% higher.
NVMI has a PEG ratio above that of peer stocks AMAT and KLAC.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| AMAT Applied Materials Inc | 1.88 | $468.51B |
| KLAC Kla Corp | 2.42 | $321.24B |
| NVMI Nova Ltd | 3.41 | $16.93B |
| CAMT Camtek Ltd | N/A | $7.91B |
According to Jun 22, 2026 data, NVMI's PEG ratio sits at 3.73.
Over the last 3 years, NVMI's PEG ratio has settled near 1.82.
Over the last 5 years, NVMI's PEG ratio has settled near 1.21.
NVMI's PEG ratio peaked at 25.95 during the Sep 2018 quarter - the highest in ten years.
NVMI currently has a PEG ratio 73% above its 10-year average.
The elevated PEG ratio of 3.73 indicates that NVMI may be overvalued relative to its earnings growth potential.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jun 22, 2026, Nova has a P/E ratio of 67.88. Earnings grew at 18.2% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 3.73. PEG RATIO(3.73) = PE RATIO(67.88) / EPS GROWTH(18.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.