As of Sep 23, 2026, NVT's PEG ratio of 11.32 reflects its valuation relative to its growth. This value reflects a P/E ratio of 44.13 measured against EPS growth of 3.9%.
nVent Electric's seven years historical PEG ratio has an average of 3.72. Compared to historical data, NVT's 11.32 PE to growth ratio represents a rise of 204%. NVT reached its maximum PEG ratio of 24.6 during the Dec 2019 quarter over the past seven years. The Sep 2021 quarter had the bottom reading at 0.03, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.2 | 23.39 | 118% |
| 2024 | N/A | 34.08 | -41.5% |
| 2023 | 0.41 | 17.28 | 42.5% |
| 2022 | 0.34 | 16.03 | 47.2% |
| 2021 | 0.03 | 23.31 | 682.1% |
| 2020 | N/A | N/A | -121.5% |
| 2019 | 24.6 | 19.68 | 0.8% |
| 2018 | N/A | 17.41 | -36.1% |
| 2017 | N/A | N/A | 39.3% |
| 2016 | N/A | N/A | N/A |
| 2015 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 11.78 | 45.96 | 3.9% |
| Mar 2026 | N/A | 38.91 | -14.1% |
| Dec 2025 | 0.2 | 23.39 | 118% |
| Sep 2025 | 4.63 | 26.88 | 5.8% |
| Jun 2025 | 10.32 | 20.63 | 2% |
| Mar 2025 | 10.58 | 14.81 | 1.4% |
| Dec 2024 | N/A | 34.08 | -41.5% |
| Sep 2024 | 0.91 | 20.25 | 22.2% |
| Jun 2024 | 0.84 | 22.01 | 26.1% |
| Mar 2024 | 0.6 | 21.6 | 36.3% |
| Dec 2023 | 0.41 | 17.28 | 42.5% |
| Sep 2023 | 0.35 | 18.66 | 53.5% |
| Jun 2023 | 0.31 | 18.72 | 59.5% |
| Mar 2023 | 0.3 | 16.77 | 56.1% |
| Dec 2022 | 0.34 | 16.03 | 47.2% |
Measured against past performance, NVT's PEG ratio is higher than its 3 and 5-year averages.
nVent Electric's PEG of 11.32 is above the Industrials sector and the industry average.
NVT has a PEG ratio above that of peer stock TEL.
NVT's Sep 23, 2026 PEG ratio comes in at 11.32.
Over the last 3 years, NVT's PEG ratio has settled near 4.06.
Over the last 5 years, NVT's PEG ratio has settled near 2.49.
In the last seven years, NVT's peak PEG ratio of 24.6 was recorded in the Dec 2019 quarter.
Currently, NVT's PEG ratio stands 204% higher than its 7-year historical average.
The elevated PEG ratio of 11.32 indicates that NVT may be overvalued relative to its earnings growth potential.
PEG equals PE divided by EPS growth (YoY TTM). As of Sep 23, 2026, nVent Electric has a P/E ratio of 44.13. Earnings grew at 3.9% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 11.32. PEG RATIO(11.32) = PE RATIO(44.13) / EPS GROWTH(3.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.