SPSC
Sps Commerce
PEG ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: SPSC
- PEG Ratio
SPSC currently has a PEG ratio reading of 2.52 as of Jul 15, 2026. Dividing the 26.71 PE ratio by the 10.6% earnings growth rate yields this valuation metric. When compared to the trailing four-quarter average of 4.53, SPSC's PEG ratio shows a 44% decrease.
SPSC PEG ratio history
A ten years lookback shows an average PEG ratio of 5.42 for Sps Commerce. Compared to historical data, SPSC's 2.52 PEG ratio represents a decrease of 54%. The ten years high occurred in the Dec 2016 quarter at 32.81, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2018 quarter at 0.01, indicating optimal value relative to growth during that period.
Sps Commerce PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.93 | 36.23 | 18.8% |
| 2024 | 5.93 | 88.88 | 15% |
| 2023 | 6.12 | 107.69 | 17.6% |
| 2022 | 3.59 | 83.94 | 23.4% |
| 2021 | N/A | 114.8 | -3.9% |
| 2020 | 2.45 | 84.18 | 34.4% |
| 2019 | 1.48 | 57.73 | 39.1% |
| 2018 | 0.01 | 59.7 | 6,800% |
| 2017 | N/A | 2,429.5 | -93.3% |
| 2016 | 32.81 | 232.97 | 7.1% |
| 2015 | 4.51 | 250.75 | 55.6% |
| 2014 | 2.52 | 314.61 | 125% |
| 2013 | N/A | 816.25 | -20% |
| 2012 | N/A | 372.7 | -91.2% |
| 2011 | 0.11 | 22.76 | 216.7% |
Sps Commerce PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 2.19 | 23.2 | 10.6% |
| Dec 2025 | 1.93 | 36.23 | 18.8% |
| Sep 2025 | 8.94 | 46.49 | 5.2% |
| Jun 2025 | 5.07 | 61.86 | 12.2% |
| Mar 2025 | 3.82 | 61.17 | 16% |
| Dec 2024 | 5.93 | 88.88 | 15% |
| Sep 2024 | 3.83 | 91.16 | 23.8% |
| Jun 2024 | 6.27 | 96 | 15.3% |
| Mar 2024 | 5.85 | 98.88 | 16.9% |
| Dec 2023 | 6.12 | 107.69 | 17.6% |
| Sep 2023 | 5.11 | 99.19 | 19.4% |
| Jun 2023 | 3.92 | 112.98 | 28.8% |
| Mar 2023 | 4.12 | 95.19 | 23.1% |
| Dec 2022 | 3.59 | 83.94 | 23.4% |
| Sep 2022 | 6.44 | 86.27 | 13.4% |
SPSC average PEG ratio chart
When comparing to historical values, SPSC's PEG ratio is below the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 2.52, SPSC stands above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 0.72, Sps Commerce's PEG is 250% higher.
SPSC EPS growth
SPSC Price vs fair value
SPSC PEG vs peers
SPSC has a PEG ratio above that of peer stocks IBM and VEEV. At 2.52, Sps Commerce's PEG ratio stands higher than the peer group average of 0.81.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| IBM International Business Machines Corp | 0.2 | $204.54B |
| NTCT Netscout Systems Inc | 0.24 | $2.92B |
| FICO Fair Isaac Corp | 1.11 | $28.76B |
| VEEV Veeva Systems Inc | 1.73 | $32.06B |
| SPSC Sps Commerce Inc | 2.58 | $2.41B |
Frequently asked questions
What is Sps Commerce's PEG ratio?
SPSC's Jul 15, 2026 PEG ratio comes in at 2.52.
What is the 3-year average PEG ratio for Sps Commerce (SPSC)?
SPSC's 3-year PEG ratio average stands at 5.01.
What is the 5-year average PEG ratio for Sps Commerce (SPSC)?
SPSC's 5-year PEG ratio average stands at 6.47.
What is the highest PEG ratio for SPSC?
In the last ten years, SPSC's peak PEG ratio of 32.81 was recorded in the Dec 2016 quarter.
How does the current PEG ratio for SPSC compare to its historical average?
Compared to the 10-year average, SPSC's PEG ratio is 54% lower.
Why is Sps Commerce's PEG ratio so high?
Slow earnings growth combined with a high valuation pushes SPSC's PEG ratio to 2.52.
How is SPSC's PEG ratio calculated (Sps Commerce PEG ratio formula)?
PEG equals PE divided by EPS growth (YoY TTM). As of Jul 15, 2026, Sps Commerce has a P/E ratio of 26.71. Earnings grew at 10.6% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 2.52. PEG RATIO(2.52) = PE RATIO(26.71) / EPS GROWTH(10.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.