Nordea Bank Abp (FRA:NDB) PEG Ratio: 2.51 (As of Jul. 07, 2026) — Near Median


FRA:NDB Nordea Bank Abp FRA:NDB
66 GF Score
Price €17.00
GF Value €11.79
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Nordea Bank Abp PEG Ratio?

Nordea Bank Abp FRA:NDB +0.50% 66 PEG Ratio is 2.51 as of Jul. 07, 2026, which is 5% above its 10-year median of 2.40. GuruFocus rates FRA:NDB with a GF Score™ of 66/100 and a GF Value™ of €11.79 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,231 Banks companies, Nordea Bank Abp ranks worse than 67.83% on this metric.

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, Nordea Bank Abp's PE Ratio without NRI is 12.03. Nordea Bank Abp's 5-Year Book Value growth rate is 4.80%. Therefore, Nordea Bank Abp's PEG Ratio for today is 2.51.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value 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 Nordea Bank Abp's PEG Ratio or its related term are showing as below:

FRA:NDB' s PEG Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.4   Max: 4.33
Current: 2.54


During the past 13 years, Nordea Bank Abp's highest PEG Ratio was 4.33. The lowest was 1.63. And the median was 2.40.


FRA:NDB's PEG Ratio is ranked worse than
67.83% of 1231 companies
in the Banks industry
Industry Median: 1.53 vs FRA:NDB: 2.54

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


Nordea Bank Abp  (FRA:NDB) 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.


Nordea Bank Abp PEG Ratio Related Terms


Nordea Bank Abp PEG Ratio Historical Data

* Premium members only.

The historical data trend for Nordea Bank Abp'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.

Nordea Bank Abp PEG Ratio Chart

Nordea Bank Abp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 4.22 2.10 1.61 3.09

Nordea Bank Abp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.99 2.32 2.68 3.09 3.21

FRA:NDB vs PNC, USB: PEG Ratio Comparison

For the Banks - Regional subindustry, Nordea Bank Abp'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.


Nordea Bank Abp PEG Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Nordea Bank Abp's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Nordea Bank Abp's PEG Ratio falls into.


FRA:NDB
66GF Score
Nordea Bank Abp FRA:NDB
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordea Bank Abp 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 Book Value growth rate.

Nordea Bank Abp's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=12.027600849257/4.80
=2.51

* 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 Book Value Growth Rate is the 5-year average Book Value 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.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 2.51 mean?
Nordea Bank Abp (FRA:NDB) has a PEG Ratio of 2.51 as of Jul. 07, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Nordea Bank Abp and its competitors. This is near median its historical median of 2.40. Over the past decade, Nordea Bank Abp's PEG Ratio has ranged from 1.63 to 4.33. According to the industry distribution chart, Nordea Bank Abp ranks #835 out of 1231 companies in the Banks industry, placing it in the top 67.8%.
Is Nordea Bank Abp's PEG Ratio too high?
Nordea Bank Abp's current PEG Ratio of 2.51 is near median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 4.33. The Banks industry median PEG Ratio is 1.53. Nordea Bank Abp's value of 2.51 is 64.1% above this industry median. Based on the distribution chart, Nordea Bank Abp ranks #835 out of 1231 companies in the Banks industry, which is below the industry midpoint. Overall, Nordea Bank Abp has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordea Bank Abp's PEG Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Nordea Bank Abp ranks #835 out of 1231 companies for PEG Ratio. This places Nordea Bank Abp in the lower half of its industry. The industry median PEG Ratio is 1.53. Nordea Bank Abp's value of 2.51 is 64.1% above this benchmark. Historically, Nordea Bank Abp's own PEG Ratio has ranged from 1.63 to 4.33 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 1.53, Nordea Bank Abp 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 PEG Ratio for a Banks company?
The median PEG Ratio among Banks companies is 1.53, based on 1,231 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nordea Bank Abp's current PEG Ratio of 2.51 is 64.1% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Nordea Bank Abp and its competitors. For the Banks industry, the median PEG Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordea Bank Abp's current PEG Ratio is 2.51, which is near median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordea Bank Abp stock overvalued right now?
Based on GuruFocus' analysis, Nordea Bank Abp (FRA:NDB) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.79, compared to a current price of €17.00 — trading 44.1% above its estimated fair value. The current PEG Ratio is 2.51, which is near median its 10-year median of 2.40 and 64.1% above the Banks industry median of 1.53. Nordea Bank Abp's overall GF Score™ is 66/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Nordea Bank Abp (FRA:NDB), the current PEG Ratio is 2.51 as of Jul. 07, 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 Nordea Bank Abp (FRA:NDB) Overvalued in 2026?

Based on GuruFocus' analysis, Nordea Bank Abp stock appears to be overvalued. The current stock price of €17.00 is trading 44.1% above its estimated GF Value™ of €11.79. GuruFocus considers Nordea Bank Abp to be Significantly Overvalued.

Key valuation signals for FRA:NDB:

  • PEG Ratio: 2.51 (near median its 10-year median of 2.40)
  • GF Value™: €11.79 vs. price of €17.00 (44.1% above fair value)
  • GF Score™: 66/100 with 9 warning signs
  • Industry Position: 64.1% above the Banks median (#835 of 1231)

No single metric tells the full story. See the FRA:NDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordea Bank Abp Business Description

Address Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank that generates most of its income through vanilla lending products such as mortgages, household loans, and corporate loans. The bank is also a leading equity and debt underwriter and issuer, specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.
66GF Score

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PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€17.00
Price
€11.79
GF Value