What is Nuveen Core Equity Alpha Fund (JCE)'s PEG ratio?

Nuveen Core Equity Alpha Fund (JCE) has a PEG ratio of 0.13 (Potentially Undervalued), based on a PE ratio of 2.5 and expected EPS growth of 20.0% (5-Year EPS CAGR).

Is JCE undervalued based on its PEG ratio?

A PEG below 1.0 is conventionally read as potentially undervalued, 1.0–2.0 as fairly valued, and above 2.0 as potentially overvalued relative to growth. At 0.13, Nuveen Core Equity Alpha Fund (JCE) screens as "Potentially Undervalued". PEG is one signal, not investment advice — see the full DCF fair value at evidinvest.com/valuation/JCE.

Nuveen Core Equity Alpha Fund (JCE) PEG Ratio

Potentially Undervalued

PE ratio relative to earnings growth — is the valuation justified?

0.13

PEG Ratio

PEG ratio is generally unreliable for Financial Services companies — earnings are driven by interest margins and provisions

PEG ratio is generally unreliable for Financial Services companies

0.13

Growth Rate Source

Good Data Quality5-Year EPS CAGR

Current Price

$15.75

TTM EPS

$6.21

P/E Ratio

2.54

Growth Rate

20.0%

5-Year EPS CAGR

Sector

Financial Services

Asset Management

Calculated

8/20/2026

6:35:30 AM

Peer Comparison

Sample Size

3 peers

Industry Median PEG

0.11

25th Percentile

0.05

75th Percentile

0.22

JCE PEG (0.13) vs Industry Median (0.11): 20% premium

Symbol	Company	PEG	P/E	Growth	vs JCE
JRI	Nuveen Real Asset Income and Growth Fund	0.05	5.0	92.4%	-57%
JLS	Nuveen Mortgage and Income Fund	0.11	4.3	41.2%	-17%
IGA	Voya Global Advantage and Premium Opportunity Fund	0.22	8.1	36.5%	+76%

How to Interpret PEG Ratio

PEG < 1.0 — Potentially Undervalued. The stock may be priced below its earnings growth rate, suggesting a potential buying opportunity.

PEG 1.0–2.0 — Fairly Valued. The stock price is roughly in line with its earnings growth. A PEG of 1.0 is often considered "fair value."

PEG > 2.0 — Potentially Overvalued. The stock may be priced above what its earnings growth justifies.

Limitations:PEG ratios are less reliable for financial firms (earnings driven by interest margins), companies with negative/zero earnings growth, and hypergrowth companies (>100% growth) where the ratio may appear misleadingly low. Always use PEG alongside other valuation metrics.

Nuveen Core Equity Alpha Fund (JCE) PEG Ratio

Peer Comparison

How to Interpret PEG Ratio

More on JCE

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Nuveen Core Equity Alpha Fund (JCE) PEG Ratio

Peer Comparison

How to Interpret PEG Ratio

More on JCE

Compare with peers

Explore