NOVT
Novanta
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: NOVT
- PE Ratio
As of Jul 31, 2026, the Novanta stock's P/E ratio is 101.82. This results from the current EPS of $1.4 and stock price of $142.55. The PE ratio has increased by 31% from the past four quarters average of 77.7.
NOVT PE ratio history
The PE ratio of Novanta has averaged 75.51 over the last ten years. The current price-to-earnings ratio of 101.82 is 35% more than the historical average. In the past ten years, NOVT's PE ratio reached its highest point in the Mar 2018 quarter at 153.38, when the stock price was $52.15 and the EPS was $0.34. The lowest point was recorded in the Mar 2017 quarter, when it reached 16.91 with a price of $26.55 and an EPS of $1.57.
Novanta PE ratio by year
Maximum annual increase: 258.47% in 2013
Maximum annual decrease: -47.4% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 80.95 | -5.69% | $118.99 | $1.47 |
| 2024 | 85.83 | 3.46% | $152.77 | $1.78 |
| 2023 | 82.96 | 27.01% | $168.41 | $2.03 |
| 2022 | 65.32 | -47.4% | $135.87 | $2.08 |
| 2021 | 124.18 | 33.4% | $176.33 | $1.42 |
| 2020 | 93.09 | 22.1% | $118.22 | $1.27 |
| 2019 | 76.24 | 76.69% | $88.44 | $1.16 |
| 2018 | 43.15 | -1.62% | $63 | $1.46 |
| 2017 | 43.86 | 31.59% | $50 | $1.14 |
| 2016 | 33.33 | 152.12% | $21 | $0.63 |
| 2015 | 13.22 | N/A | $13.62 | $1.03 |
| 2014 | N/A | N/A | $14.72 | -$0.7 |
| 2013 | 53.52 | 258.47% | $11.24 | $0.21 |
| 2012 | 14.93 | 26.96% | $8.66 | $0.58 |
| 2011 | 11.76 | N/A | $10.23 | $0.87 |
Novanta PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2026 | 83.6 | 3.27% | $117.04 | $1.4 |
| Dec 2025 | 80.95 | 16.98% | $118.99 | $1.47 |
| Sep 2025 | 69.2 | -10.04% | $101.03 | $1.46 |
| Jun 2025 | 76.92 | 16.21% | $130 | $1.69 |
| Mar 2025 | 66.19 | -22.88% | $129.08 | $1.95 |
| Dec 2024 | 85.83 | -18.78% | $152.77 | $1.78 |
| Sep 2024 | 105.67 | 12.08% | $176.47 | $1.67 |
| Jun 2024 | 94.28 | 4.12% | $163.11 | $1.73 |
| Mar 2024 | 90.55 | 9.15% | $174.77 | $1.93 |
| Dec 2023 | 82.96 | 22.04% | $168.41 | $2.03 |
| Sep 2023 | 67.98 | -20.61% | $143.44 | $2.11 |
| Jun 2023 | 85.63 | 10.88% | $184.1 | $2.15 |
| Mar 2023 | 77.23 | 18.23% | $159.09 | $2.06 |
| Dec 2022 | 65.32 | 15.22% | $135.87 | $2.08 |
| Sep 2022 | 56.69 | -15.13% | $115.65 | $2.04 |
NOVT Price vs fair value
NOVT average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, NOVT's PE ratio is above the 3, 5 and 10-year averages.
PE comparison
With a P/E of 101.82, NOVT stands above the Technology sector and the industry average. Looking at its Technology sector average of 34.94, Novanta's P/E is 191% higher.
NOVT PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOVT Novanta Inc | 106.25 | $5.3B |
| OBIO Orchestra BioMed Holdings Inc | N/A | $247.91M |
| OM Outset Medical Inc | N/A | $90.09M |
Frequently asked questions
What is Novanta's PE ratio?
NOVT stock has a price to earnings ratio of 101.82 as of Jul 31, 2026.
What is the 3-year average PE ratio for Novanta (NOVT)?
The average PE ratio for NOVT stock over the past 3 years is 82.19.
What is the 5-year average PE ratio for Novanta (NOVT)?
The average PE ratio for NOVT stock over the past 5 years is 83.0.
What is the highest PE ratio for NOVT?
The highest quarterly PE ratio in the last ten years has been 153.38 and it was in the Mar 2018 quarter.
How does the current PE ratio for NOVT compare to its historical average?
NOVT's price to earnings ratio is currently 35% above its 10-year historical average.
Why is Novanta's PE ratio so high?
NOVT's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
How is NOVT's PE ratio calculated (Novanta PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 31, 2026), Novanta's stock price is $142.55. The earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $1.4. Therefore, Novanta's price to earnings ratio for today is 101.82. PE RATIO(101.82) = STOCK PRICE($142.55) / TTM EPS($1.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.