Avery Dennison currently trades with a PEG ratio of 8.72, based on Aug 21, 2026 data. Dividing the 20.06 PE ratio by the 2.3% earnings growth rate produces this figure. Relative to the 15.28 average from the past four quarters, the PEG ratio has declined by 43%.
Historically, Avery Dennison has a PEG ratio averaging 3.31 across the last ten years. At 8.72, today's PEG ratio sits 163% more than its historical average. The ten years high came in the Dec 2025 quarter at 41.28, reflecting peak valuation relative to growth. The bottom was reached in the Mar 2020 quarter at 0.07, suggesting attractive value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 41.28 | 20.64 | 0.5% |
| 2024 | 0.53 | 21.49 | 40.8% |
| 2023 | N/A | 32.45 | -32.9% |
| 2022 | 5 | 19.5 | 3.9% |
| 2022 | 0.72 | 24.25 | 33.9% |
| 2021 | 0.27 | 23.25 | 84.8% |
| 2019 | N/A | 36.46 | -32.5% |
| 2018 | 0.25 | 16.6 | 67.7% |
| 2017 | N/A | 36.01 | -11.4% |
| 2016 | 1 | 19.51 | 19.6% |
| 2016 | 1.36 | 20.82 | 15.3% |
| 2015 | 0.98 | 19.84 | 20.3% |
| 2013 | 7.05 | 23.26 | 3.3% |
| 2012 | 0.98 | 16.38 | 16.7% |
| 2011 | N/A | 15.93 | -40% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 7.7 | 17.72 | 2.3% |
| Mar 2026 | 8.81 | 19.38 | 2.2% |
| Dec 2025 | 41.28 | 20.64 | 0.5% |
| Sep 2025 | 3.31 | 18.23 | 5.5% |
| Jun 2025 | 1.35 | 19.62 | 14.5% |
| Mar 2025 | 0.75 | 20.16 | 26.9% |
| Dec 2024 | 0.53 | 21.49 | 40.8% |
| Sep 2024 | 0.67 | 26.6 | 39.6% |
| Jun 2024 | 2.39 | 27.96 | 11.7% |
| Mar 2024 | N/A | 32.5 | -18.1% |
| Dec 2023 | N/A | 32.45 | -32.9% |
| Sep 2023 | N/A | 30.5 | -40% |
| Jul 2023 | N/A | 24.54 | -24.2% |
| Apr 2023 | N/A | 21.33 | -4.8% |
| Dec 2022 | 5 | 19.5 | 3.9% |
When comparing to historical data, AVY's PEG ratio sits above the 3, 5 and 10-year averages.
Avery Dennison's PEG of 8.72 is higher than the Consumer Cyclical sector and the industry average.
Relative to its peer stock ACCO, AVY's PEG ratio is higher.
Based on Aug 21, 2026 data, AVY has a PEG ratio of 8.72.
Historical data over a 3-year period puts AVY's average PEG ratio at 7.42.
Historical data over a 5-year period puts AVY's average PEG ratio at 5.32.
In the last ten years, AVY's peak PEG ratio of 41.28 occurred in the Dec 2025 quarter.
Compared to the 10-year average, AVY's PEG ratio stands 163% higher.
Slow earnings growth combined with a rich valuation drives AVY's PEG ratio to 8.72.
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Aug 21, 2026, Avery Dennison has a PE ratio of 20.06. Earnings grew at 2.3% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 8.72. PEG RATIO(8.72) = PE RATIO(20.06) / EPS GROWTH(2.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.