NVMI Nova PEG ratio, current and historical analysis

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Relative Growth: Rel. Growth: 95
Relative Strength: Rel. Strength: 90
Relative Valuation: Rel. Valuation: 14
Relative Profitability: Rel. Profitability: 90

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%.

NVMI PEG ratio history

How has NVMI's PEG ratio performed in the past

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.

Today
3.41
Average
2.16
Median
0.76
Minimum
0.03
Maximum
25.95

Nova PEG ratio by year

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%

Nova PEG ratio by quarter (TTM)

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 average PEG ratio chart

What is the average PEG ratio of NVMI for the past years

NVMI's PEG ratio today is higher than its 3, 5 and 10-year averages.

3-year avg
1.82
5-year avg
1.21
10-year avg
2.16
15-year avg
1.94

PEG comparison

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 EPS growth

Earnings per share growth rates over time chart

NVMI Price vs fair value

How does NVMI's price compare to its estimated fair value based on its growth

NVMI PEG vs peers

What is NVMI's PEG ratio compared to its peers

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

Frequently asked questions

What is Nova's PEG ratio?

According to Jun 22, 2026 data, NVMI's PEG ratio sits at 3.73.

What is the 3-year average PEG ratio for Nova (NVMI)?

Over the last 3 years, NVMI's PEG ratio has settled near 1.82.

What is the 5-year average PEG ratio for Nova (NVMI)?

Over the last 5 years, NVMI's PEG ratio has settled near 1.21.

What is the highest PEG ratio for NVMI?

NVMI's PEG ratio peaked at 25.95 during the Sep 2018 quarter - the highest in ten years.

How does the current PEG ratio for NVMI compare to its historical average?

NVMI currently has a PEG ratio 73% above its 10-year average.

Why is Nova's PEG ratio so high?

The elevated PEG ratio of 3.73 indicates that NVMI may be overvalued relative to its earnings growth potential.

How is NVMI's PEG ratio calculated (Nova PEG ratio formula)?

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.