NVDA
NVIDIA
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: NVDA
- PE Ratio
As at Jul 31, 2026, the NVDA stock has a PE ratio of 30.6. This is based on the current EPS of $6.56 and the stock price of $200.75 per share. A decrease of 26% has been seen in the P/E ratio compared to the average of 41.2 of the last 4 quarters.
NVDA PE ratio history
The mean historical PE ratio of NVIDIA over the last ten years is 54.18. The current 30.6 PE ratio is 44% below the historical average. Over the past ten years, NVDA's PE ratio was at its highest in the Apr 2023 quarter at 138.75, with a price of $27.75 and an EPS of $0.2. The Jan 2019 quarter recorded the bottom point at 23.55, with a price of $4 and an EPS of $0.17.
NVIDIA PE ratio by year
Maximum annual increase: 121.57% in 2020
Maximum annual decrease: -68.6% in 2012
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 38.07 | -20.72% | $187.67 | $4.93 |
| 2025 | 48.02 | -4.8% | $142.62 | $2.97 |
| 2024 | 50.44 | -55.42% | $61.03 | $1.21 |
| 2023 | 113.14 | 93.2% | $20.37 | $0.18 |
| 2022 | 58.56 | -18.86% | $22.84 | $0.39 |
| 2021 | 72.17 | 38.31% | $12.99 | $0.18 |
| 2020 | 52.18 | 121.57% | $6.26 | $0.12 |
| 2019 | 23.55 | -49.67% | $4 | $0.17 |
| 2018 | 46.79 | 33.95% | $6.08 | $0.13 |
| 2017 | 34.93 | 43.16% | $2.79 | $0.08 |
| 2016 | 24.4 | 41.29% | $0.73 | $0.03 |
| 2015 | 17.27 | -11.21% | $0.52 | $0.03 |
| 2014 | 19.45 | 25.48% | $0.39 | $0.02 |
| 2013 | 15.5 | -16.89% | $0.31 | $0.02 |
| 2012 | 18.65 | -68.6% | $0.37 | $0.02 |
NVIDIA PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2026 | 31.75 | -16.6% | $208.27 | $6.56 |
| Jan 2026 | 38.07 | -17.02% | $187.67 | $4.93 |
| Oct 2025 | 45.88 | -6.39% | $186.26 | $4.06 |
| Jul 2025 | 49.01 | 38.64% | $173.5 | $3.54 |
| Apr 2025 | 35.35 | -26.38% | $111.01 | $3.14 |
| Jan 2025 | 48.02 | -12.8% | $142.62 | $2.97 |
| Oct 2024 | 55.07 | 4.72% | $141.54 | $2.57 |
| Jul 2024 | 52.59 | 3.1% | $113.06 | $2.15 |
| Apr 2024 | 51.01 | 1.13% | $87.74 | $1.72 |
| Jan 2024 | 50.44 | -4.11% | $61.03 | $1.21 |
| Oct 2023 | 52.6 | -52.74% | $40.5 | $0.77 |
| Jul 2023 | 111.31 | -19.78% | $46.75 | $0.42 |
| Apr 2023 | 138.75 | 22.64% | $27.75 | $0.2 |
| Jan 2023 | 113.14 | 96.29% | $20.37 | $0.18 |
| Oct 2022 | 57.64 | -1.62% | $13.83 | $0.24 |
NVDA Price vs fair value
NVDA 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.
The current PE ratio of NVDA is below the 3, 5 and 10-year averages.
PE comparison
NVIDIA's P/E of 30.6 is below the Technology sector, the industry and its peers average. Compared to its Technology sector average of 34.94, NVIDIA's P/E is 12% lower.
NVDA PE vs peers
Compared to its peers AMD and TXN, NVDA's PE ratio stands lower, however it is higher than MSFT's and QCOM's. NVIDIA's PE ratio is trading below the peer group average of 45.78.
| Stock name | PE ratio | Market cap |
|---|---|---|
| QCOM Qualcomm Inc | 16.3 | $150.91B |
| MSFT Microsoft Corporation | 27.23 | $3.64T |
| NVDA NVIDIA Corp | 30.91 | $4.91T |
| TXN Texas Instruments Inc | 40.17 | $242.49B |
| STM ST Microelectronics | 96.55 | $46.63B |
| AMD Advanced Micro Devices Inc | 151.64 | $761.56B |
| INTC Intel Corp | N/A | $441.9B |
| AMBA Ambarella Inc | N/A | $3.66B |
Frequently asked questions
What is NVIDIA's PE ratio?
As of Jul 31, 2026, NVDA stock has a price to earnings ratio of 30.6.
What is the 3-year average PE ratio for NVIDIA (NVDA)?
As an average over the last 3 years, NVDA stock has a PE ratio of 46.34.
What is the 5-year average PE ratio for NVIDIA (NVDA)?
As an average over the last 5 years, NVDA stock has a PE ratio of 61.79.
What is the highest PE ratio for NVDA?
Over the last ten years, the quarterly PE ratio reached a historic high of 138.75 in the Apr 2023 quarter.
How does the current PE ratio for NVDA compare to its historical average?
NVDA's current price to earnings ratio is 44% below its 10-year historical average.
How is NVDA's PE ratio calculated (NVIDIA PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 31, 2026), NVIDIA's stock price is $200.75. The earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $6.56. Therefore, NVIDIA's P/E ratio for today is 30.6. PE RATIO(30.6) = STOCK PRICE($200.75) / TTM EPS($6.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.