P/E ratio for Nasdaq (NDAQ)
P/E ratio as of May 2024 (TTM): 27.7
According to Nasdaq's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.6578. At the end of 2022 the company had a P/E ratio of 26.9.
P/E ratio history for Nasdaq from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.9 | -8.39% |
| 2021 | 29.4 | 25.46% |
| 2020 | 23.4 | 2.3% |
| 2019 | 22.9 | -22.57% |
| 2018 | 29.6 | 69.64% |
| 2017 | 17.4 | -82.87% |
| 2016 | 102 | 349.31% |
| 2015 | 22.6 | 16.1% |
| 2014 | 19.5 | 13.16% |
| 2013 | 17.2 | 44.1% |
| 2012 | 12.0 | 7.32% |
| 2011 | 11.1 | -8.45% |
| 2010 | 12.2 | -19.57% |
| 2009 | 15.1 | 4.09% |
| 2008 | 14.5 | 30.99% |
| 2007 | 11.1 | -56.03% |
| 2006 | 25.2 | -51.22% |
| 2005 | 51.7 | -110.14% |
| 2004 | -510 | 7780.14% |
| 2003 | -6.47 | -124.6% |
| 2002 | 26.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cboe CBOE | 29.7 | 7.29% | 🇺🇸 USA |
 CME Group CME | 25.4 | -8.33% | 🇺🇸 USA |
 Intercontinental Exchange ICE | 31.7 | 14.75% | 🇺🇸 USA |
 Stifel
SF | 18.0 | -34.86% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.