# Nasdaq 100 · Forward PE Since 2001

Source: https://historyofmarket.com/nasdaq/ndx-forward-pe/
Language: en
Data through 2026-11-13
License: data CC BY 4.0, text © History of Market — cite "History of Market (historyofmarket.com)" and link the source page. Terms: https://historyofmarket.com/license/
Section: History of Market › Nasdaq › Nasdaq 100 · Forward PE Since 2001

NDX forward P/E (daily): 19.5× as of 2026-11-12.

**Nasdaq 100 Forward P/E** — Consensus forward P/E multiples for the Nasdaq 100 since 2001, compared to 2000 bubble peaks.

Figure: Plate II.6 · Terminal data — analyst consensus for Nasdaq 100 earnings over the next twelve months — published weekly from April 2001. The 2001–2003 stretch reads as a spike because post-bubble Nasdaq earnings collapsed toward zero and distorted the denominator; the series tops out near 82× in May 2001. January 2005 to July 2006 is deliberately blank: constituent coverage was still backfilling there and the level breaks by about a third against both neighbouring years, so the line resumes at a seam rather than pretending to run continuously. Zoom out to the 5- or 10-year window to read today's multiple against its real reference frame. · Data through 2026-11-13

## What this page answers

The Nasdaq 100 currently trades at approximately 24.3× trailing twelve-month earnings and 22.4× consensus forward earnings. A forward multiple below the trailing metric indicates market expectations of corporate profit growth over the coming twelve months; the spread between the two serves as a barometer of macroeconomic growth expectations.

The data is refreshed by the History of Market pipeline and published as a stable JSON endpoint for research, citation, and AI-agent use.

## Nasdaq 100 — trailing vs consensus forward PE multiples (year-end observations)

| Date | TTM PE | Forward PE |
| --- | --- | --- |
| 2026-08-05 | 24.3× | 22.4× |
| 2025-12-26 | — | 25.4× |
| 2024-12-27 | — | 26.6× |
| 2023-12-29 | — | 24.8× |
| 2022-12-30 | — | 20.1× |
| 2021-12-31 | — | 28.4× |
| 2020-12-25 | — | 28.8× |
| 2019-12-27 | — | 22.0× |
| 2018-12-28 | — | 16.6× |
| 2017-12-29 | — | 19.6× |
| 2016-12-30 | — | 17.9× |
| 2015-12-25 | — | 18.3× |
| 2014-12-26 | — | 17.8× |
| 2013-12-27 | — | 17.8× |
| 2012-12-28 | — | 12.9× |
| 2011-12-30 | — | 12.2× |
| 2010-12-31 | — | 15.3× |
| 2009-12-25 | — | 17.8× |
| 2008-12-26 | — | 13.3× |
| 2007-12-28 | — | 21.9× |
| 2006-12-29 | — | 22.3× |
| 2004-12-31 | — | 31.5× |
| 2003-12-26 | — | 28.1× |
| 2002-12-27 | — | 27.7× |
| 2001-12-28 | — | 51.9× |

Displaying the 25 most recent of 1369 observations — complete series in JSON: https://historyofmarket.com/api/ndx/forward-pe.json

## Data & Source

[GET /api/ndx/forward-pe.json](https://historyofmarket.com/api/ndx/forward-pe.json) — Canonical dataset endpoint.

Exchange closing prices · Company filings · Robert Shiller · FRED · NBER.

## FAQ

### What is the current valuation multiple of the Nasdaq 100?

Approximately 24.3× trailing P/E and 22.4× forward P/E (next-twelve-months consensus), updated as of 2026-11-13.

### Where does this data come from?

History of Market combines public market and macro datasets — exchange closing prices, company filings, Robert Shiller, FRED, NBER, and the UBS Global Investment Returns Yearbook (Dimson–Marsh–Staunton). The exact endpoint for this panel is linked below.

### How often is it updated?

Daily-tier datasets refresh after the U.S. market close, with a broader weekly refresh each weekend. The timestamp shown on this page comes from the JSON payload.

### Can I use the data?

Yes, for research and education with attribution to History of Market. Upstream data sources retain their own terms.

## Related charts and reading

- [S&P 500 Trailing vs. Forward P/E Multiples](https://historyofmarket.com/sp500/forward-pe/) — S&P 500
- [Information Technology Forward P/E Multiple Since 1998](https://historyofmarket.com/xlk/xlk-fwdpe/) — Information Technology
- [Financial Sector Thirty-Year Forward P/E Ratio](https://historyofmarket.com/fin/fin-fwdpe/) — Financials
- [PHLX Semiconductor Forward P/E: The Post-2011 Modern Cycle](https://historyofmarket.com/semi/semi-fwdpe/) — Semiconductors
- [Consumer Discretionary Forward P/E Multiple (S5COND)](https://historyofmarket.com/consumer/xly-fwdpe/) — Consumer
- [Consumer Staples Forward P/E Multiple (S5CONS)](https://historyofmarket.com/consumer/xlp-fwdpe/) — Consumer
- [Nasdaq vs S&P 500: 40 Years of Returns, Drawdowns and Valuation](https://historyofmarket.com/articles/nasdaq-vs-sp500)
- [QQQ vs SPY: 40 Years of Returns, Drawdowns and What You Actually Own](https://historyofmarket.com/articles/qqq-vs-spy)

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Data: https://historyofmarket.com/api/ndx/forward-pe.json
Machine index: https://historyofmarket.com/llms.txt