As of Sep 3, 2026, NIC's PEG ratio of 18.9 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 18.9 measured against EPS growth of 1.0%. When benchmarked against the trailing 4-quarter average of 6.36, NIC's PEG ratio reflects a 197% increase.
Nicolet Bankshares's ten years historical PEG ratio averages out to 1.51. Compared to historical data, NIC's 18.9 PEG ratio represents an increase of 1,152%. NIC hit its maximum PEG ratio of 18.3 during the Jun 2026 quarter over the last ten years. The Sep 2024 quarter marked the lowest reading at 0.12, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.55 | 12.06 | 22.1% |
| 2024 | 0.13 | 12.73 | 97.6% |
| 2023 | N/A | 19.3 | -38.5% |
| 2022 | 0.59 | 11.77 | 20% |
| 2021 | N/A | 15.18 | -2.9% |
| 2020 | 6 | 11.4 | 1.9% |
| 2019 | 0.38 | 12.93 | 34% |
| 2018 | 0.54 | 11.46 | 21.4% |
| 2017 | 0.38 | 15.6 | 41% |
| 2016 | N/A | 19.15 | -11.1% |
| 2015 | N/A | N/A | 20.2% |
| 2014 | N/A | N/A | -38.8% |
| 2013 | N/A | N/A | 618.9% |
| 2012 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 18.3 | 18.3 | 1% |
| Mar 2026 | 5.85 | 16.97 | 2.9% |
| Dec 2025 | 0.55 | 12.06 | 22.1% |
| Sep 2025 | 0.73 | 14.01 | 19.3% |
| Jun 2025 | 0.51 | 13.8 | 27% |
| Mar 2025 | 0.45 | 12.8 | 28.4% |
| Dec 2024 | 0.13 | 12.73 | 97.6% |
| Sep 2024 | 0.12 | 11.88 | 101.8% |
| Jun 2024 | 0.17 | 11.78 | 69.5% |
| Mar 2024 | 0.26 | 12.97 | 50.3% |
| Dec 2023 | N/A | 19.3 | -38.5% |
| Sep 2023 | N/A | 17.49 | -35.1% |
| Jun 2023 | N/A | 16.32 | -25.3% |
| Mar 2023 | N/A | 14.3 | -21.7% |
| Dec 2022 | 0.59 | 11.77 | 20% |
NIC's PEG ratio today is above the 3, 5 and 10-year averages.
With a PEG of 18.9, NIC ranks higher than the Financial Services sector and the industry average.
NIC carries a PEG ratio higher than that of peer stocks NRIM and NKSH.
NIC has a PEG ratio of 18.9, per Sep 3, 2026 data.
NIC shows a 3-year average PEG ratio of 2.71.
NIC shows a 5-year average PEG ratio of 2.36.
At 18.9, NIC's current PEG ratio has the highest value observed over the past ten years.
At present, NIC's PEG ratio runs 1,152% higher than its 10-year historical average.
The elevated PEG ratio of 18.9 indicates that NIC may be priced above 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 Sep 3, 2026, Nicolet Bankshares carries a PE ratio of 18.9. Earnings grew at 1.0% over the TTM period ending Jun 2026. Applying the formula, this yields a PEG ratio of 18.9. PEG RATIO(18.9) = PE RATIO(18.9) / EPS GROWTH(1.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.