National Vision Holdings, Inc. (EYE) P/E Ratio History
UndervaluedTrading at 45.8x vs 5Y avg 121.8x · 30th percentile · Below historical baseline · Data 2017–2026
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P/E Ratio Analysis
As of June 23, 2026, National Vision Holdings, Inc. (EYE) trades at a price-to-earnings ratio of 45.8x, with a stock price of $16.96 and trailing twelve-month earnings per share of $0.57.
The current P/E is 62% below its 5-year average of 121.8x. Over the past five years, EYE's P/E has ranged from a low of 29.2x to a high of 921.3x, placing the current valuation at the 30th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 20.8x, EYE trades at a 120% premium to its sector peers. The sector includes 307 companies with P/E ratios ranging from 0.1x to 184.9x.
Relative to the broader market, EYE commands a significant premium over the S&P 500 median P/E of 24.3x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our EYE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
EYE Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
EYE P/E vs Peers
Retail Services and Enablement Platforms peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $4B | 91.1 | 61.97 | +104% | |
| $9B | 24.1 | 7.75 | +7% | |
| $2B | 14.4 | - | +147%Best | |
| $590M | 12.7Lowest | - | -15% | |
| $9B | 26.8 | 1.91Best | +14% | |
| $12B | 30.8 | - | +1% | |
| $43B | 41.7 | 3.01 | +23% | |
| $17B | 30.5 | - | -25% | |
| $2B | 35.2 | 1.93 | +31% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
EYE Historical P/E Data (2017–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Apr 04 2026 | $23.69 | $0.57 | 41.4x | -62% |
| FY2025 Q4 | Jan 03 2026 | $25.95 | $0.37 | 69.7x | -37% |
| FY2023 Q2 | Jul 01 2023 | $24.29 | $0.32 | 75.5x | -31% |
| FY2023 Q1 | Apr 01 2023 | $18.84 | $0.37 | 50.9x | -54% |
| FY2022 Q4 | Dec 31 2022 | $38.76 | $0.47 | 82.5x | -25% |
| FY2022 Q3 | Oct 01 2022 | $32.65 | $0.66 | 49.5x | -55% |
| FY2022 Q2 | Jul 02 2022 | $28.10 | $0.96 | 29.3x | -73% |
| FY2022 Q1 | Apr 02 2022 | $44.43 | $1.26 | 35.3x | -68% |
| FY2021 Q4 | Dec 31 2021 | $47.99 | $1.42 | 33.8x | -69% |
| FY2021 Q3 | Oct 02 2021 | $55.38 | $1.77 | 31.3x | -72% |
| FY2021 Q2 | Jul 03 2021 | $50.78 | $1.74 | 29.2x | -73% |
| FY2021 Q1 | Apr 03 2021 | $45.18 | $0.77 | 58.7x | -47% |
| FY2020 Q4 | - | $45.29 | $0.41 | 110.5x | +1% |
| FY2020 Q3 | Sep 26 2020 | $36.85 | $0.04 | 921.3x | +738% |
| FY2020 Q1 | Mar 28 2020 | $19.93 | $0.31 | 64.3x | -41% |
| FY2019 Q4 | - | $32.43 | $0.40 | 81.1x | -26% |
| FY2019 Q3 | Sep 28 2019 | $23.93 | $0.11 | 217.5x | +98% |
| FY2019 Q2 | Jun 29 2019 | $30.73 | $0.16 | 192.1x | +75% |
| FY2019 Q1 | Mar 30 2019 | $31.43 | $0.19 | 165.4x | +51% |
| FY2018 Q4 | Dec 31 2018 | $28.17 | $0.29 | 97.1x | -12% |
| FY2018 Q3 | Sep 29 2018 | $45.14 | $0.92 | 49.1x | -55% |
| FY2018 Q2 | Jun 30 2018 | $36.57 | $0.88 | 41.5x | -62% |
| FY2018 Q1 | Mar 31 2018 | $32.31 | $0.70 | 46.1x | -58% |
| FY2017 Q4 | Dec 31 2017 | $40.61 | $0.63 | 64.4x | -41% |
Average P/E for displayed period: 109.9x
Intrinsic Valuation
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Historical Returns
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
EYE — Frequently Asked Questions
Quick answers to the most common questions about buying EYE stock.
What is EYE's P/E ratio?
National Vision Holdings, Inc. (EYE) trailing twelve-month P/E ratio is 45.8x, based on TTM diluted EPS of $0.57. The 5-year average P/E is 121.8x and the historical range spans 29.2x to 921.3x.
Is EYE stock overvalued or undervalued?
EYE trades at 45.8x P/E, below its 5-year average of 121.8x. At the 30th percentile of its historical range (29.2x–921.3x), the stock is priced at a discount to its own history.
Is EYE stock expensive?
No, EYE is not expensive on a historical basis. The current P/E of 45.8x is below the 5-year average of 121.8x and sits at the 30th percentile of its valuation range.
What is EYE's historical P/E range?
Over the past 5 years, EYE's P/E ratio has ranged from 29.2x to 921.3x, with a median of 69.7x and an average of 121.8x. The current P/E of 45.8x places the stock at the 30th percentile of this range. Full historical data spans 2017–2026.
How does EYE's P/E compare to the S&P 500?
EYE trades at 45.8x P/E versus the S&P 500 median of 24.3x. The 88% premium to the market typically reflects higher expected earnings growth or quality.
How does EYE's valuation compare to Consumer Cyclical peers?
National Vision Holdings, Inc. P/E of 45.8x compares to the Consumer Cyclical sector median of 20.8x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is EYE's PEG ratio?
EYE PEG ratio is N/A, based on a P/E of 45.8x and EPS growth of 202.8%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is EYE's earnings yield?
EYE earnings yield is 2.18%, the inverse of its 45.8x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.