As of Q2'26, Cisco's PEG Ratio (5yr expected) stands at 1.86, marking a significant decrease from the previous quarter's peak of 17.34 in Q1'26. This latest data point suggests a return to a more normalized valuation after a period of extreme fluctuation. Over the period from Q3'23 to Q2'26, the PEG Ratio has exhibited substantial volatility, ranging from a low of -2.48 in Q2'25 to a high of 17.34 in Q1'26. The chart reveals several sharp inflection points, including negative values in Q1'24, Q2'24, and Q2'25, followed by a dramatic surge in Q3'25 and Q1'26. This pattern indicates periods of rapidly shifting growth expectations and valuation multiples, with the most recent quarters showing a stabilization toward more typical PEG Ratio levels.