Motorola Solutions is trading with a PEG ratio of 28.76, based on Aug 21, 2026 data. Dividing the 37.39 PE ratio by the 1.3% earnings growth rate yields this valuation metric. Relative to the 10.14 average from the past 4 quarters, the PEG ratio has soared by 184%.
Historically, Motorola Solutions maintains a PEG ratio averaging 3.73 across the past ten years. At 28.76, today's PEG ratio sits 671% higher than its historical average. The ten years high occurred in the Mar 2024 quarter at 28.41, reflecting maximum valuation relative to growth. The minimum was hit in the Sep 2019 quarter at 0.01, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.81 | 29.65 | 36.8% |
| 2024 | N/A | 48.91 | -7.6% |
| 2023 | 1.19 | 30.61 | 25.7% |
| 2022 | 2.99 | 31.66 | 10.6% |
| 2021 | 1.16 | 36.92 | 31.9% |
| 2020 | 4.29 | 30.48 | 7.1% |
| 2019 | N/A | 30.93 | -12.4% |
| 2018 | 0.03 | 19.33 | 726.3% |
| 2017 | N/A | N/A | -128.8% |
| 2016 | 3.22 | 25.12 | 7.8% |
| 2015 | N/A | 22.37 | -42.2% |
| 2014 | 0.45 | 12.68 | 28.1% |
| 2013 | 0.44 | 16.34 | 36.8% |
| 2012 | N/A | 18.44 | -13% |
| 2011 | 0.16 | 13.34 | 82.6% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jul 2026 | 25.3 | 32.89 | 1.3% |
| Apr 2026 | 13.43 | 34.92 | 2.6% |
| Dec 2025 | 0.81 | 29.65 | 36.8% |
| Sep 2025 | 1.01 | 35.97 | 35.7% |
| Jun 2025 | 0.74 | 33.02 | 44.6% |
| Mar 2025 | 0.75 | 35.35 | 47.1% |
| Dec 2024 | N/A | 48.91 | -7.6% |
| Sep 2024 | N/A | 47.74 | -8.1% |
| Jun 2024 | N/A | 44.02 | -3.2% |
| Mar 2024 | 28.41 | 42.61 | 1.5% |
| Dec 2023 | 1.19 | 30.61 | 25.7% |
| Sep 2023 | 0.59 | 26.77 | 45.3% |
| Jul 2023 | 1.2 | 32.37 | 26.9% |
| Apr 2023 | 3.75 | 34.85 | 9.3% |
| Dec 2022 | 2.99 | 31.66 | 10.6% |
When comparing to historical data, MSI's PEG ratio is above its 3, 5 and 10-year averages.
Motorola Solutions's PEG of 28.76 is above the Technology sector and the industry average.
MSI has a PEG ratio above that of peer stocks CSCO and HON.
MSI's Aug 21, 2026 PEG ratio comes in at 28.76.
Historical data over a 3-year period places MSI's average PEG ratio at 8.03.
Historical data over a 5-year period places MSI's average PEG ratio at 5.55.
At 28.76, MSI's current PEG ratio has the highest value observed over the past ten years.
Compared to the 10-year average, MSI's PEG ratio is 671% higher.
The elevated PEG ratio of 28.76 indicates that MSI may be overvalued relative to its earnings growth potential.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth rate (YoY TTM). As of Aug 21, 2026, Motorola Solutions carries a P/E ratio of 37.39. Earnings grew at 1.3% over the TTM period ending Jul 2026. Applying the formula, this yields a price to earnings growth ratio of 28.76. PEG RATIO(28.76) = PE RATIO(37.39) / EPS GROWTH(1.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.