ValuationFrom SEC filings · 325 companies · as of October 6, 2026

PEG Ratio of the US Stock Market

Price to earnings divided by earnings growth, for the largest US companies, built from their own filings. The growth is what each company has reported over the last three years, not an analyst forecast, so this is a trailing PEG: what the market pays for growth already delivered.

PEG, typical companytrailing · 3-yr growth

1.98

Full

5th highest of 52 quarterly readings since 2014

Market

1.44

size-weighted

5-yr growth

1.89

median PEG

Below 1

27%

of 183

Above 2

49%

of 183

Bands follow the usual rule of thumb (below 1 cheap, above 2 expensive), a convention rather than a tested threshold. 142 of 325 companies have no PEG: losses or falling earnings.

Latest read

On October 6, 2026, the typical large US company trades at 1.98 times its trailing P/E per point of reported earnings growth: the PEG ratio of the median company among 183 with a defined PEG. That is the 5th highest of 52 quarterly readings since 2014. Weighted by size, the 310 companies together trade at 28.2 times earnings that grew 19.6% a year over three years, a PEG of 1.44: lower than the typical company's because several of the largest companies grew earnings very quickly. 142 companies have no PEG because they lost money or their earnings per share fell.

Sources, methodology & freshnessSEC EDGAR XBRL filings for the covered companies (net income, reported diluted EPS and shares outstanding) and daily closing prices · Daily: prices move the P/E every session, and growth updates as each company files a new annual report.Data as of 2026-10-06 · Open ↓

Source

SEC EDGAR XBRL filings for the covered companies (net income, reported diluted EPS and shares outstanding) and daily closing prices

Methodology

P/E is market value over trailing-year net income, quarters dated by first filing; growth is the compound annual growth of reported annual diluted EPS over three and five fiscal years; PEG undefined and excluded for losses or negative growth

Updates

Daily: prices move the P/E every session, and growth updates as each company files a new annual report.Data as of 2026-10-06

Maintained & reviewed by Yuriy Matso — methodology shown on the page.

The typical company's PEG

Range:

Median company PEG, three-year EPS growthMedian company PEG, five-year EPS growth

The median PEG among companies with positive earnings and positive earnings-per-share growth, quarterly since 2014 with the latest reading at October 6, 2026. At 1.98 it is the 5th highest of 52 readings; the range runs from 0.96 to 2.11. The dashed line uses five years of growth and reads 1.89. The companies are today's, carried back, so the history is context and no forward-return study is drawn from it. The faint line is SPY on its own scale.

Median company PEG, three-year EPS growthMedian company PEG, five-year EPS growth

Why the market-wide PEG cannot be ranked

Range:

Size-weighted earnings growth, three-year annual rateFive-year annual rate

The market-wide PEG divides the basket's P/E by this line, the compound growth of its combined earnings. It has ranged from below zero to over 20% a year, so the ratio jumps and is undefined whenever growth is negative. Today the basket trades at 28.2 times earnings that grew 19.6% a year over three years, a PEG of 1.44; over five years, 27.9 times 14.3%, a PEG of 1.94. The P/E itself is tracked on Market P/E Ratio.

Size-weighted earnings growth, three-year annual rateFive-year annual rate

The largest companies

The 40 largest companies by market value, with trailing P/E, the compound annual growth of their reported diluted earnings per share over three and five fiscal years, and the PEG on each. A dash means the ratio is undefined: a loss, negative earnings at the start of the window, or falling earnings per share.

Company	Value	P/E	EPS growth 3y	PEG 3y	EPS growth 5y	PEG 5y
NVDANVIDIA CORP	$5.77T	29.9	+206.6%	0.14	+95.2%	0.31
AAPLApple Inc.	$4.87T	37.8	+6.9%	5.49	+17.9%	2.11
GOOGLAlphabet Inc.	$4.28T	17.5	+33.3%	0.53	+29.8%	0.59
MSFTMICROSOFT CORPORATION	$3.93T	29.4	+22.9%	1.29	+17.4%	1.69
AMZNAMAZON COM INC	$2.76T	20.4	—	—	+28.0%	0.73
METAMeta Platforms, Inc.	$1.90T	27.8	+39.8%	0.70	+18.4%	1.51
AVGOBroadcom Inc.	$1.79T	46.9	+21.6%	2.17	+49.8%	0.94
TSLATesla, Inc.	$1.50T	395.2	−33.2%	—	+38.8%	10.20
MUMicron Technology, Inc.	$1.18T	23.4	−0.7%	—	+26.2%	0.89
LLYELI LILLY AND COMPANY	$1.09T	40.8	+49.3%	0.83	+27.6%	1.48
AMDADVANCED MICRO DEVICES INC	$1.06T	164.8	+46.7%	3.53	+5.2%	31.90
JPMJPMORGAN CHASE & CO	$881B	13.5	+18.3%	0.74	+17.7%	0.77
WMTWALMART INC.	$850B	38.5	+24.3%	1.58	+11.5%	3.35
VVISA INC.	$696B	31.3	—	—	—	—
JNJJohnson & Johnson	$614B	29.2	+17.9%	1.63	+14.9%	1.96
INTCINTEL CORP	$567B	loss	—	—	—	—
MAMastercard Incorporated	$500B	30.8	+17.4%	1.77	+21.0%	1.47
PLTRPalantir Technologies Inc.	$493B	163.5	—	—	—	—
ABBVAbbVie Inc.	$471B	74.7	−29.1%	—	−2.8%	—
CSCOCISCO SYSTEMS, INC.	$465B	35.0	+2.7%	12.76	+5.9%	5.94
ORCLOracle Corporation	$438B	23.1	+23.8%	0.97	+5.1%	4.55
AMATAPPLIED MATERIALS INC /DE	$421B	45.4	+5.2%	8.75	+17.2%	2.64
LRCXLAM RESEARCH CORPORATION	$418B	57.5	+20.2%	2.85	+16.4%	3.50
COSTCOSTCO WHOLESALE CORP /NEW	$415B	47.0	+11.5%	4.09	+15.1%	3.11
CVXChevron Corp	$410B	19.9	−28.7%	—	—	—
CATCATERPILLAR INC	$397B	36.6	+14.2%	2.58	+28.1%	1.30
BACBofA Finance LLC	$378B	11.2	+6.1%	1.84	+15.3%	0.73
DELLDell Technologies Inc.	$374B	32.9	+38.9%	0.85	+15.5%	2.12
KOCOCA COLA CO	$371B	27.1	+11.6%	2.34	+11.2%	2.42
MRKMerck & Co., Inc.	$350B	110.4	+8.4%	13.09	+21.2%	5.20
PGPROCTER & GAMBLE CO	$345B	21.5	+3.9%	5.49	+3.8%	5.69
PANWPalo Alto Networks, Inc	$343B	1118.8	−14.5%	—	—	—
UNHUnitedHealth Group Incorporated	$338B	23.9	−14.5%	—	−3.8%	—
GEGENERAL ELECTRIC CO	$321B	35.8	+446.0%	0.08	+11.9%	3.00
MSMORGAN STANLEY	$300B	14.9	+18.4%	0.81	+9.6%	1.55
PMPhilip Morris International Inc.	$297B	27.3	+7.7%	3.54	+7.1%	3.86
HDHOME DEPOT, INC.	$286B	20.1	−5.2%	—	+3.6%	5.63
NFLXNETFLIX INC	$286B	21.0	−36.6%	—	−16.1%	—
CRWDCROWDSTRIKE HOLDINGS, INC.	$286B	4884.3	—	—	—	—
GEVGE Vernova Inc.	$274B	28.8	—	—	—	—

NVDAPEG 0.14

P/E29.9

EPS growth, 3 years+206.6%

PEG on 5-year growth0.31

AAPLPEG 5.49

P/E37.8

EPS growth, 3 years+6.9%

PEG on 5-year growth2.11

GOOGLPEG 0.53

P/E17.5

EPS growth, 3 years+33.3%

PEG on 5-year growth0.59

MSFTPEG 1.29

P/E29.4

EPS growth, 3 years+22.9%

PEG on 5-year growth1.69

AMZNPEG —

P/E20.4

EPS growth, 3 years—

PEG on 5-year growth0.73

METAPEG 0.70

P/E27.8

EPS growth, 3 years+39.8%

PEG on 5-year growth1.51

AVGOPEG 2.17

P/E46.9

EPS growth, 3 years+21.6%

PEG on 5-year growth0.94

TSLAPEG —

P/E395.2

EPS growth, 3 years−33.2%

PEG on 5-year growth10.20

MUPEG —

P/E23.4

EPS growth, 3 years−0.7%

PEG on 5-year growth0.89

LLYPEG 0.83

P/E40.8

EPS growth, 3 years+49.3%

PEG on 5-year growth1.48

AMDPEG 3.53

P/E164.8

EPS growth, 3 years+46.7%

PEG on 5-year growth31.90

JPMPEG 0.74

P/E13.5

EPS growth, 3 years+18.3%

PEG on 5-year growth0.77

WMTPEG 1.58

P/E38.5

EPS growth, 3 years+24.3%

PEG on 5-year growth3.35

VPEG —

P/E31.3

EPS growth, 3 years—

PEG on 5-year growth—

JNJPEG 1.63

P/E29.2

EPS growth, 3 years+17.9%

PEG on 5-year growth1.96

INTCPEG —

P/Eloss

EPS growth, 3 years—

PEG on 5-year growth—

MAPEG 1.77

P/E30.8

EPS growth, 3 years+17.4%

PEG on 5-year growth1.47

PLTRPEG —

P/E163.5

EPS growth, 3 years—

PEG on 5-year growth—

ABBVPEG —

P/E74.7

EPS growth, 3 years−29.1%

PEG on 5-year growth—

CSCOPEG 12.76

P/E35.0

EPS growth, 3 years+2.7%

PEG on 5-year growth5.94

ORCLPEG 0.97

P/E23.1

EPS growth, 3 years+23.8%

PEG on 5-year growth4.55

AMATPEG 8.75

P/E45.4

EPS growth, 3 years+5.2%

PEG on 5-year growth2.64

LRCXPEG 2.85

P/E57.5

EPS growth, 3 years+20.2%

PEG on 5-year growth3.50

COSTPEG 4.09

P/E47.0

EPS growth, 3 years+11.5%

PEG on 5-year growth3.11

CVXPEG —

P/E19.9

EPS growth, 3 years−28.7%

PEG on 5-year growth—

CATPEG 2.58

P/E36.6

EPS growth, 3 years+14.2%

PEG on 5-year growth1.30

BACPEG 1.84

P/E11.2

EPS growth, 3 years+6.1%

PEG on 5-year growth0.73

DELLPEG 0.85

P/E32.9

EPS growth, 3 years+38.9%

PEG on 5-year growth2.12

KOPEG 2.34

P/E27.1

EPS growth, 3 years+11.6%

PEG on 5-year growth2.42

MRKPEG 13.09

P/E110.4

EPS growth, 3 years+8.4%

PEG on 5-year growth5.20

PGPEG 5.49

P/E21.5

EPS growth, 3 years+3.9%

PEG on 5-year growth5.69

PANWPEG —

P/E1118.8

EPS growth, 3 years−14.5%

PEG on 5-year growth—

UNHPEG —

P/E23.9

EPS growth, 3 years−14.5%

PEG on 5-year growth—

GEPEG 0.08

P/E35.8

EPS growth, 3 years+446.0%

PEG on 5-year growth3.00

MSPEG 0.81

P/E14.9

EPS growth, 3 years+18.4%

PEG on 5-year growth1.55

PMPEG 3.54

P/E27.3

EPS growth, 3 years+7.7%

PEG on 5-year growth3.86

HDPEG —

P/E20.1

EPS growth, 3 years−5.2%

PEG on 5-year growth5.63

NFLXPEG —

P/E21.0

EPS growth, 3 years−36.6%

PEG on 5-year growth—

CRWDPEG —

P/E4884.3

EPS growth, 3 years—

PEG on 5-year growth—

GEVPEG —

P/E28.8

EPS growth, 3 years—

PEG on 5-year growth—

Method

P/E

Market value over the last four quarters of net income, each quarter entering on the day it was first filed. It is the P/E published on Market P/E Ratio, from the same companies and the same filings.

Growth

The compound annual growth of reported annual diluted earnings per share, latest fiscal year against three and five years earlier, split-adjusted as filed. Most published PEG ratios use analysts’ forecasts instead, which we do not hold, so a reading here can differ widely from a brokerage figure.

Who is left out

A PEG is undefined with losses or falling earnings. Today 56 companies are out for losses at either end of the window, 83 for falling earnings per share and 3 for missing history. The median describes the 183 that remain.

Market-wide figure

One group throughout: companies with trailing earnings today and three years earlier, their combined value over their combined earnings, divided by the compound growth of those earnings. The companies are today’s, carried back, so earlier readings leave out companies that later shrank or disappeared.

PEG, typical companytrailing · 3-yr growth

1.98

Full

5th highest of 52 quarterly readings since 2014

Market

1.44

size-weighted

5-yr growth

1.89

median PEG

Below 1

27%

of 183

Above 2

49%

of 183

Bands follow the usual rule of thumb (below 1 cheap, above 2 expensive), a convention rather than a tested threshold. 142 of 325 companies have no PEG: losses or falling earnings.

How PEG Ratio Works

1
Take the P/E from the filings
Each company's price-to-earnings ratio is its market value over its last four quarters of net income, with every quarter entering on the day it was first filed. It is the same P/E the Market P/E Ratio page publishes, so the two cannot disagree.
2
Divide by growth the company has reported
Growth is the compound annual growth of reported diluted earnings per share over three years, and over five as a check. Most quoted PEG ratios use analysts' forecasts instead; this one uses delivered growth, so it measures what the market pays for growth that has already happened.
3
Leave out what a PEG cannot describe
A PEG is undefined for a company with losses or shrinking earnings. Those companies are left out of the PEG and counted beside it, because dropping them silently would make the typical reading look better than it is.
4
Lead with the typical company
The headline is the median company's PEG. The whole market's PEG is published too, but its denominator, the basket's earnings growth, swings so much from year to year that the ratio jumps around and is sometimes undefined.

Who Uses PEG Ratio

Investors weighing valuation against growth

A high P/E can be justified by fast growth. The PEG puts the two in one number, and this page shows it for the typical large company and for every name in the table.

Anyone hearing that the market is cheap on growth

The market-wide PEG can look low because a handful of very large companies grew earnings very fast. The median company line shows whether that holds for the typical stock.

Stock pickers screening for growth at a reasonable price

The table lists the largest companies with their P/E, three- and five-year earnings growth and PEG, sortable, as a starting point rather than a screen to trade on.

Pro Tips

A low trailing PEG can mean growth is about to slow

This PEG divides by growth already delivered. A company whose earnings tripled from a depressed base will show a very low PEG even if the next three years look nothing like the last three.

Compare the three- and five-year versions

When the two disagree, one unusual year is usually sitting at the start of the shorter window. The longer window is steadier and the shorter one more current.

Watch how many companies are left out

Companies with losses or falling earnings have no PEG. When that count rises, the median describes a smaller and healthier group than the market as a whole.

Common Issues & Solutions

The PEG here differs from a brokerage or data site▾

Most published PEG ratios divide by analysts' expected growth over the next few years, usually five. This page uses growth the company has reported, from its filings, so the two answer different questions and can differ widely.

A company I expected has no PEG▾

It either lost money over the last year, had negative earnings at the start of the growth window, or grew earnings per share by less than zero. A PEG is not meaningful for any of those.

The history only covers today's companies▾

The companies are today's largest, carried back, so earlier readings leave out companies that later shrank or disappeared. The history is shown as context, and no forward-return study is drawn from it.

Frequently Asked Questions

What is the PEG ratio?▾

The PEG ratio is a company's price-to-earnings ratio divided by its annual earnings growth rate in percent. A stock on 20 times earnings growing 20% a year has a PEG of 1. It was popularised by Peter Lynch as a way to compare companies growing at very different speeds: a higher P/E is easier to justify when earnings are growing faster.

What is a good PEG ratio?▾

By the usual rule of thumb, a PEG below 1 suggests a stock is cheap relative to its growth and above 2 that it is expensive. The rule is a convention, and it depends heavily on which growth rate is used. This page shows what share of large US companies sit below 1 and above 2 today.

What is the PEG ratio of the stock market today?▾

This page publishes it daily for the largest US companies whose filings we hold: the median company's PEG and the whole basket's, each with the P/E and growth behind it and the date. The median company is the headline because the basket's earnings growth swings so much that its PEG is unstable.

Does this page use forecast or past growth?▾

Past growth. Growth is the compound annual rate of reported diluted earnings per share over the last three fiscal years, with five years as a check. Most published PEG ratios use analysts' forecasts, which we do not hold, so this is a trailing PEG.

Why is the market PEG lower than the median company's?▾

The market figure weights companies by size, so it is dominated by the largest companies, several of which have grown earnings very quickly. The median gives each company one vote. When the two diverge, the market looks cheap on growth because of a few very large fast growers, not because the typical company does.

Explore Other Tools

Market P/E Ratio

The P/E in the numerator, from the same filings and the same basket.

Stock Market Valuation

Nine valuation measures ranked against their own history since 1881.

Market Return Drivers

Revenue, margin or re-rating: where the market's gains came from.

Corporate Efficiency Tracker

Whether the companies using AI are earning more per dollar of sales yet.

Shiller CAPE

Price against ten years of inflation-adjusted earnings.

Corporate Capex Intensity

How much of their cash flow the largest companies reinvest.

Last updated: 2026-10-06