## NVDA PE Stream Chart Analysis **Current Valuation (Latest Data Point — mid-March 2026):** NVDA's most recent monthly average price stands at approximately **$180.40**, which falls comfortably below the **PE_stream_1 boundary of 33.7 times** (priced at ~$136.81). Wait — re-examining the data: the latest price of $180.40 is **above** the 33.7x boundary ($136.81) but **well below** the 69.2x boundary ($281.31). This positions NVDA in the **"Value" interval** — between the 33.7x and 69.2x PE bands. The stock is trading meaningfully below the 104.8x ($425.76), 140.3x ($570.21), 175.8x ($714.71), and 211.4x ($859.16) boundaries, indicating that despite its elevated absolute price, the stock's valuation relative to its earnings trajectory remains in a relatively modest zone within its own historical PE range. The current price of ~$180.40 sits closer to the lower end of the Value interval, suggesting the market is pricing NVDA at a moderate premium relative to its earnings power as reflected in this PE framework. **Historical Valuation Trend:** From early 2021 through mid-2022, NVDA traded predominantly in the **"Warning" zone** (above the highest PE boundary at the time), reflecting the euphoric semiconductor valuations of that era. The sharp market correction through 2022 dragged the stock down into the **"Undervalued"** territory by late 2022, as the monthly average price (~$12–$16) fell near or below the lowest PE stream boundary. The pivotal inflection came in mid-2023, driven by the generative AI boom — NVDA's price surged dramatically from the "Undervalued" zone through "Value" and into "Fair" territory by Q3 2023, then briefly touched the "Watch" interval around Q4 2023 to Q1 2024 as prices climbed toward $56–$89. The most aggressive valuation expansion occurred through Q2–Q3 2024, when prices peaked near $124–$142, pushing into the **"Fair" to "Watch" interval** (between the 69.2x and 104.8x bands). Notably, the PE stream boundaries themselves have expanded substantially over time — reflecting NVDA's rapidly growing earnings base — which has effectively pulled the stock back down toward the lower PE bands even as its absolute price rose. Since late 2024 through early 2026, the stock has consolidated in the **"Value" interval** (33.7x–69.2x), suggesting the market has recalibrated expectations as earnings growth has outpaced price appreciation. The overall river chart trend is **strongly upward**, confirming robust and accelerating earnings growth, which is a constructive long-term signal for investors.