History of Market · The Chronicle of the U.S. Stock Market Nasdaq
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Nasdaq 100 · Forward PE (Consensus)

Nasdaq 100 · Forward PE (Consensus) — Nasdaq 100 · Forward PE — Twenty-Five Years

Forward PE — Twenty-five years of NDX forward PE, dotcom peak for scale.

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.

View the interactive chart Download raw JSON

What this page answers

The Nasdaq 100 currently trades at about 29.1× trailing earnings and 22.4× forward (consensus) earnings. Forward sitting below trailing means the market is pricing in earnings growth over the next 12 months — the gap between the two is itself a thermometer of growth expectations.

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

The plate

Nasdaq 100 · Forward PE (Consensus) — Nasdaq 100 · Forward PE — Twenty-Five Years20×40×60×80×20052010201520202025TTMFWD
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. 2026-08-14

Latest Snapshot

Updated
2026-08-14

Nasdaq 100 — trailing vs forward PE (year-end readings)

Nasdaq 100 — trailing vs forward PE (year-end readings)
DateTTM PEForward PE
2026-08-0529.1×22.4×
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×

Showing the 25 most recent of 1303 observations — the full series is in the JSON: https://historyofmarket.com/api/ndx/forward-pe.json

Data & Source

GET /api/ndx/forward-pe.json — Canonical dataset endpoint.

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

FAQ

What is the PE ratio of the Nasdaq 100 right now?

About 29.1× trailing and 22.4× forward (next-12-month consensus), as of 2026-08-14.

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 on Sunday. 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.