As of Nov 2, 2026, NVT's PEG ratio of 2.08 reflects its valuation relative to its growth. This value reflects a P/E ratio of 29.52 measured against EPS growth of 14.2%.
nVent Electric's seven years historical PEG ratio has an average of 3.67. Compared to historical data, NVT's 2.08 PE to growth ratio represents a decline of 43%. 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 |
|---|---|---|---|
| Sep 2026 | 2.7 | 38.27 | 14.2% |
| 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% |
Measured against past performance, NVT's PEG ratio is below the 3 and 5-year averages.
nVent Electric's PEG of 2.08 is above the Industrials sector and the industry average. Compared to its Industrials sector average of 0.96, nVent Electric's PEG is 117% higher.
NVT has a PEG ratio above that of peer stock TEL.
NVT's Nov 2, 2026 PEG ratio comes in at 2.08.
Over the last 3 years, NVT's PEG ratio has settled near 4.3.
Over the last 5 years, NVT's PEG ratio has settled near 2.65.
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 43% lower than its 7-year historical average.
The elevated PEG ratio of 2.08 indicates that NVT may be overvalued relative to its earnings growth potential.
PEG equals PE divided by EPS growth (YoY TTM). As of Nov 2, 2026, nVent Electric has a P/E ratio of 29.52. Earnings grew at 14.2% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 2.08. PEG RATIO(2.08) = PE RATIO(29.52) / EPS GROWTH(14.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.