The Nasdaq Composite P/E ratio is 35.1x as of Jun 2026. The Nasdaq Composite index is at 26,654 points.
Valuation is above historical average. The 20-year average P/E for the Nasdaq Composite is approximately 26.0x.
Historical P/E ratios for the Nasdaq Composite with data back to 1997. The tech-heavy index tends to trade at higher multiples than the broader market.
The Nasdaq Composite P/E ratio measures the valuation of the Nasdaq index, which is heavily weighted toward technology and growth companies.
The Nasdaq Composite has historically traded at a premium due to its concentration in technology and high-growth companies, which typically command higher earnings multiples.
At 35.1x, the Nasdaq is above historical average. The 20-year average is roughly 26x. Tech-heavy indices naturally trade at higher multiples due to faster earnings growth expectations.
Popular ETFs include QQQ (Invesco Nasdaq-100 ETF), which tracks the Nasdaq-100, and ONEQ (Fidelity Nasdaq Composite ETF) which tracks the broader Nasdaq Composite.
Consider the forward P/E, PEG ratio (P/E relative to earnings growth), revenue growth trends, and how current valuations compare to historical ranges for tech-heavy indices.
Click any stock to see what 10,000 invested 10 years ago would be worth today.