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National Instruments (National Instruments) PEG Ratio : 15.35 (As of Apr. 26, 2024)


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What is National Instruments PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, National Instruments's PE Ratio without NRI is 33.77. National Instruments's 5-Year EBITDA growth rate is 2.20%. Therefore, National Instruments's PEG Ratio for today is 15.35.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for National Instruments's PEG Ratio or its related term are showing as below:

NATI' s PEG Ratio Range Over the Past 10 Years
Min: 1.96   Med: 10.68   Max: 143.32
Current: 20.2


During the past 13 years, National Instruments's highest PEG Ratio was 143.32. The lowest was 1.96. And the median was 10.68.


NATI's PEG Ratio is not ranked
in the Software industry.
Industry Median: 1.59 vs NATI: 20.20

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


National Instruments PEG Ratio Historical Data

The historical data trend for National Instruments's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Instruments PEG Ratio Chart

National Instruments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.49 10.78 3.59 - -

National Instruments Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 137.16

Competitive Comparison of National Instruments's PEG Ratio

For the Software - Application subindustry, National Instruments's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Instruments's PEG Ratio Distribution in the Software Industry

For the Software industry and Technology sector, National Instruments's PEG Ratio distribution charts can be found below:

* The bar in red indicates where National Instruments's PEG Ratio falls into.



National Instruments PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

National Instruments's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=33.772522522523/2.20
=15.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


National Instruments  (NAS:NATI) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


National Instruments PEG Ratio Related Terms

Thank you for viewing the detailed overview of National Instruments's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


National Instruments (National Instruments) Business Description

Traded in Other Exchanges
N/A
Address
11500 North MoPac Expressway, Austin, TX, USA, 78759
National Instruments provides testing and measurement equipment and integrated, software-led solutions to serve high-complexity automated testing in late product development. NI serves a long tail of more than 30,000 customers in myriad end markets but focuses on the semiconductor, transportation, and aerospace and defense verticals.
Executives
Ritu Favre officer: Executive Vice President 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Scott Arthur Rust officer: Executive Vice President C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Alexander M Davern officer: Senior Vice President and CFO C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Thomas Benjamin officer: Executive Vice President C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC EXPRESSWAY, AUSTIN TX 78759
Eric Howard Starkloff director, officer: President & CEO 11500 NORTH MOPAC, BUILDING C, AUSTIN TX 78759
Daniel Berenbaum officer: Chief Financial Officer, EVP C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226
Cashman James E Iii director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Gerhard Paul Fettweis director C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Michael E Mcgrath director 11701 LUNA ROAD, DALLAS TX 75234
Liam Griffin director 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Gayla J Delly director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Jason Elliot Green officer: Chief Revenue Officer & EVP C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Karen Marie Rapp officer: Chief Financial Officer & EVP C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Carla Pineyro Sublett officer: Chief Marketing Officer C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Jeffrey L Kodosky director C/O NATIONAL INSTRUMENTS CORP, 11500 N. MOPAC EXPRESSWAY, AUSTIN TX 78759

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