As of Oct 17, 2024, the Novanta stock's P/E ratio is 102.36. This results from the current EPS of $1.73 and stock price of $177.09. The PE ratio has increased by 22% from the past four quarters average of 83.9.
The PE ratio of Novanta has averaged 69.46 over the last nine years. The current price-to-earnings ratio of 102.36 is 47% more than the historical average. In the past nine 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 Dec 2015 quarter, when it reached 13.22 with a price of $13.62 and an EPS of $1.03.
Maximum annual increase: 152.12% in 2016
Maximum annual decrease: -47.4% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 82.96 | 27.01% |
2022 | 65.32 | -47.4% |
2021 | 124.18 | 33.4% |
2020 | 93.09 | 22.1% |
2019 | 76.24 | 76.69% |
2018 | 43.15 | -1.62% |
2017 | 43.86 | 31.59% |
2016 | 33.33 | 152.12% |
2015 | 13.22 | N/A |
2014 | N/A | N/A |
Currently, NOVT's PE ratio is above the 3, 5 and 10-year averages.
Stock name | PE ratio | Market cap |
---|---|---|
NOVT Novanta Inc | 102.36 | $6.36B |
OBIO Orchestra BioMed Holdings Inc | N/A | $205.01M |
OM Outset Medical Inc | N/A | $30.21M |
NOVT stock has a price to earnings ratio of 102.36 as of Oct 17, 2024.
The average PE ratio for NOVT stock over the past 3 years is 81.66.
The average PE ratio for NOVT stock over the past 5 years is 86.27.
The highest quarterly PE ratio in the last nine years has been 153.38 and it was in the Mar 2018 quarter.
NOVT's price to earnings ratio is currently 47% above its 9-year historical average.
NOVT's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
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 (Oct 17, 2024), Novanta's stock price is $177.09. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.73. Therefore, Novanta's price to earnings ratio for today is 102.36. PE RATIO(102.36) = STOCK PRICE($177.09) / TTM EPS($1.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.