Using the PEG framework with analyst consensus forward EPS growth of 20.0%, IQVIA Holdings Inc. has a fair value of $253.85 based on NTM EPS (FY2026) of $12.70. The current PEG ratio is 0.67.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
PEG is most informative for high-growth companies — the PEG sweet spot.
| EPS Growth RateForward | 20.0% |
| Adjusted Growth (clamped 8–25%) | 20.0% |
| Fair P/E | 20.0x |
| NTM EPS (FY2026) | $12.70 |
| Fair Value | $253.85 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $7.84 | — | — |
| FY2026E | $12.70 | +61.9% | 17 |
| FY2027E | $14.06 | +10.7% | 18 |
| FY2028E | $15.66 | +11.4% | 15 |
| FY2029E | $17.63 | +12.6% | 11 |
| FY2030E | $19.50 | +10.6% | 7 |
5Y Forward EPS CAGR: 20.0%
| Year | Net Income | EPS | YoY |
|---|---|---|---|
| FY2021 | $966.0M | $4.95 | — |
| FY2022 | $1.1B | $5.72 | +15.6% |
| FY2023 | $1.4B | $7.29 | +27.4% |
| FY2024 | $1.4B | $7.49 | +2.7% |
| FY2025 | $1.4B | $7.84 | +4.7% |
4Y Historical EPS CAGR: 12.2%
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.