Northern Trust (FRA:NT4) PEG Ratio: 4.09 (As of Jul. 06, 2026) — 33% Above Median


FRA:NT4 Northern Trust Corp FRA:NT4
74 GF Score
Price €154.45
GF Value €103.42
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Northern Trust PEG Ratio?

Northern Trust FRA:NT4 +0.85% 74 PEG Ratio is 4.09 as of Jul. 06, 2026, which is 33% above its 10-year median of 3.08. GuruFocus rates FRA:NT4 with a GF Score™ of 74/100 and a GF Value™ of €103.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 498 Asset Management companies, Northern Trust ranks worse than 71.49% 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, Northern Trust's PE Ratio without NRI is 18.81. Northern Trust's 5-Year Book Value growth rate is 4.60%. Therefore, Northern Trust's PEG Ratio for today is 4.09.

* 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 Northern Trust's PEG Ratio or its related term are showing as below:

FRA:NT4' s PEG Ratio Range Over the Past 10 Years
Min: 1.54   Med: 3.08   Max: 7.13
Current: 4.02


During the past 13 years, Northern Trust's highest PEG Ratio was 7.13. The lowest was 1.54. And the median was 3.08.


FRA:NT4's PEG Ratio is ranked worse than
71.49% of 498 companies
in the Asset Management industry
Industry Median: 1.715 vs FRA:NT4: 4.02

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


Northern Trust  (FRA:NT4) 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.


Northern Trust PEG Ratio Related Terms


Northern Trust PEG Ratio Historical Data

* Premium members only.

The historical data trend for Northern Trust'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.

Northern Trust PEG Ratio Chart

Northern Trust 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 2.37 3.13 5.62 3.05 2.98

Northern Trust 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 2.59 3.84 3.51 2.98 2.55

FRA:NT4 vs RJF, ARES, TROW: PEG Ratio Comparison

For the Asset Management subindustry, Northern Trust'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.


Northern Trust PEG Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Northern Trust's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Northern Trust's PEG Ratio falls into.


FRA:NT4
74GF Score
Northern Trust Corp FRA:NT4
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Trust 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.

Northern Trust's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=18.814715556097/4.60
=4.09

* 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 4.09 mean?
Northern Trust (FRA:NT4) has a PEG Ratio of 4.09 as of Jul. 06, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Northern Trust and its competitors. This is 33% above median its historical median of 3.08. Over the past decade, Northern Trust's PEG Ratio has ranged from 1.54 to 7.13. According to the industry distribution chart, Northern Trust ranks #356 out of 498 companies in the Asset Management industry, placing it in the top 71.5%.
Is Northern Trust's PEG Ratio too high?
Northern Trust's current PEG Ratio of 4.09 is 33% above median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 7.13. The Asset Management industry median PEG Ratio is 1.72. Northern Trust's value of 4.09 is 138.5% above this industry median. Based on the distribution chart, Northern Trust ranks #356 out of 498 companies in the Asset Management industry, which is below the industry midpoint. Overall, Northern Trust has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northern Trust's PEG Ratio compare to RJF and ARES?
According to the Asset Management industry distribution chart, Northern Trust ranks #356 out of 498 companies for PEG Ratio. This places Northern Trust in the lower half of its industry. The industry median PEG Ratio is 1.72. Northern Trust's value of 4.09 is 138.5% above this benchmark. Historically, Northern Trust's own PEG Ratio has ranged from 1.54 to 7.13 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 1.72, Northern Trust 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 an Asset Management company?
The median PEG Ratio among Asset Management companies is 1.72, based on 498 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. Northern Trust's current PEG Ratio of 4.09 is 138.5% 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 Northern Trust and its competitors. For the Asset Management industry, the median PEG Ratio is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Trust's current PEG Ratio is 4.09, which is 33% above median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Trust stock overvalued right now?
Based on GuruFocus' analysis, Northern Trust (FRA:NT4) is currently considered Significantly Overvalued. The stock's GF Value™ is €103.42, compared to a current price of €154.45 — trading 49.3% above its estimated fair value. The current PEG Ratio is 4.09, which is 33% above median its 10-year median of 3.08 and 138.5% above the Asset Management industry median of 1.72. Northern Trust's overall GF Score™ is 74/100 with 7 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 Northern Trust (FRA:NT4), the current PEG Ratio is 4.09 as of Jul. 06, 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 Northern Trust (FRA:NT4) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Trust stock appears to be overvalued. The current stock price of €154.45 is trading 49.3% above its estimated GF Value™ of €103.42. GuruFocus considers Northern Trust to be Significantly Overvalued.

Key valuation signals for FRA:NT4:

  • PEG Ratio: 4.09 (33% above median its 10-year median of 3.08)
  • GF Value™: €103.42 vs. price of €154.45 (49.3% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 138.5% above the Asset Management median (#356 of 498)

No single metric tells the full story. See the FRA:NT4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Trust Business Description

Address 50 South La Salle Street, Chicago, IL, USA, 60603
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of December 2025, Northern Trust had assets under custody or administration of $18.7 trillion and assets under management of $1.8 trillion.
74GF Score

Get the complete analysis for FRA:NT4

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

€154.45
Price
€103.42
GF Value