Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NasdaqXSWX:NDAQ 92 3-Year Book Growth Rate is 19.70% as of Jun. 2026, which is 218% above its 10-year median of 6.20. GuruFocus rates XSWX:NDAQ with a GF Score™ of 92/100 and a GF Value™ of CHF69.47. The stock has 4 warning signs investors should review. Among 758 Capital Markets companies, Nasdaq ranks better than 82.19% on this metric.
During the past 12 months, Nasdaq's average Book Value per Share Growth Rate was 3.60% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 19.70% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 12.70% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 6.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Nasdaq was 261.60% per year. The lowest was -65.40% per year. And the median was 6.20% per year.
Nasdaq (XSWX:NDAQ) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Nasdaq 3-Year Book Growth Rate Related Terms
XSWX:NDAQ vs COIN, MSCI, CBOE: 3-Year Book Growth Rate Comparison
For the Financial Data & Stock Exchanges subindustry, Nasdaq's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
Nasdaq 3-Year Book Growth Rate vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nasdaq's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Nasdaq's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 19.70% mean?
Nasdaq (XSWX:NDAQ) has a 3-Year Book Growth Rate of 19.70% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Nasdaq and its competitors. This is 218% above median its historical median of 6.20. According to the industry distribution chart, Nasdaq ranks #135 out of 758 companies in the Capital Markets industry, placing it in the top 17.8%.
Is Nasdaq's 3-Year Book Growth Rate too high?
Nasdaq's current 3-Year Book Growth Rate of 19.70% is 218% above median its 10-year median of 6.20. The Capital Markets industry median 3-Year Book Growth Rate is 5.60. Nasdaq's value of 19.70% is 251.8% above this industry median. Based on the distribution chart, Nasdaq ranks #135 out of 758 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Nasdaq has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Nasdaq's 3-Year Book Growth Rate compare to COIN and MSCI?
According to the Capital Markets industry distribution chart, Nasdaq ranks #135 out of 758 companies for 3-Year Book Growth Rate. This places Nasdaq in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 5.60. Nasdaq's value of 19.70% is 251.8% above this benchmark. While the company's 10-year median is 6.20 vs. the industry median of 5.60, Nasdaq has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Capital Markets company?
The median 3-Year Book Growth Rate among Capital Markets companies is 5.60, based on 758 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nasdaq's current 3-Year Book Growth Rate of 19.70% is 251.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Nasdaq and its competitors. For the Capital Markets industry, the median 3-Year Book Growth Rate is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nasdaq's current 3-Year Book Growth Rate is 19.70%, which is 218% above median its own 10-year median of 6.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nasdaq stock overvalued right now?
Nasdaq (XSWX:NDAQ) has a current 3-Year Book Growth Rate of 19.70%. The stock's GF Value™ is CHF69.47, compared to a current price of CHF78.79 — trading 13.4% above its estimated fair value. The current 3-Year Book Growth Rate is 19.70%, which is 218% above median its 10-year median of 6.20 and 251.8% above the Capital Markets industry median of 5.60. Nasdaq's overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Nasdaq (XSWX:NDAQ), the current 3-Year Book Growth Rate is 19.70% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nasdaq (XSWX:NDAQ) Overvalued in 2026?
Based on GuruFocus' analysis, Nasdaq stock appears to be overvalued.
The current stock price of CHF78.79 is trading 13.4% above its estimated GF Value™ of CHF69.47.
Key valuation signals for XSWX:NDAQ:
3-Year Book Growth Rate: 19.70% (218% above median its 10-year median of 6.20)
GF Value™: CHF69.47 vs. price of CHF78.79 (13.4% above fair value)
Industry Position: 251.8% above the Capital Markets median (#135 of 758)
No single metric tells the full story. See the XSWX:NDAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as it seeks to become a diversified technology company.
92GF Score
Get the complete analysis for XSWX:NDAQ
3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:NDAQ has been successfully added to your 
