NOVT Novanta PE ratio, current and historical analysis
As of Mar 13, 2025, the Novanta stock's P/E ratio is 75.54. This results from the current EPS of $1.78 and stock price of $134.47. The PE ratio has decreased by 20% from the past four quarters average of 94.1.
NOVT PE ratio history
The PE ratio of Novanta has averaged 70.89 over the last ten years. The current price-to-earnings ratio of 75.54 is 7% 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 Dec 2015 quarter, when it reached 13.22 with a price of $13.62 and an EPS of $1.03.
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 |
|---|---|---|---|---|
| 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 |
| 2010 | N/A | N/A | $10.58 | -$0.03 |
Novanta PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jul 2022 | 66.8 | -22.91% | $119.58 | $1.79 |
| Apr 2022 | 86.65 | -30.22% | $141.24 | $1.63 |
| Dec 2021 | 124.18 | 12.59% | $176.33 | $1.42 |
| Oct 2021 | 110.29 | -0.44% | $153.3 | $1.39 |
| Jul 2021 | 110.78 | 1.86% | $137.37 | $1.24 |
NOVT average PE ratio chart
Currently, NOVT's PE ratio is above the 10-year average, but it is lower than the 3 and 5-year averages.
NOVT PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOVT Novanta Inc | 75.54 | $4.84B |
| OBIO Orchestra BioMed Holdings Inc | N/A | $145.97M |
| OM Outset Medical Inc | N/A | $29.83M |
Frequently asked questions
What is Novanta's PE ratio?
NOVT stock has a price to earnings ratio of 75.54 as of Mar 13, 2025.
What is the 3-year average PE ratio for Novanta (NOVT)?
The average PE ratio for NOVT stock over the past 3 years is 80.47.
What is the 5-year average PE ratio for Novanta (NOVT)?
The average PE ratio for NOVT stock over the past 5 years is 87.72.
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 7% 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 (Mar 13, 2025), Novanta's stock price is $134.47. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.78. Therefore, Novanta's price to earnings ratio for today is 75.54. PE RATIO(75.54) = STOCK PRICE($134.47) / TTM EPS($1.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.