NVDA Nvidia PE ratio, current and historical analysis

As at Mar 18, 2025, the NVDA stock has a PE ratio of 38.87. This is based on the current EPS of $2.97 and the stock price of $115.43 per share. A decrease of 25% has been seen in the P/E ratio compared to the average of 51.7 of the last 4 quarters.

NVDA PE ratio history

How has NVDA's PE ratio performed in the past

The mean historical PE ratio of Nvidia over the last ten years is 51.73. The current 38.87 PE ratio is 25% 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 Apr 2015 quarter recorded the bottom point at 18.37, with a price of $0.55 and an EPS of $0.03.

Today
39.57
Average
51.73
Median
49.63
Minimum
18.37
Maximum
138.75

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
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
2011 59.4 N/A $0.59 $0.01

Nvidia PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
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
Jul 2022 58.59 20.04% $18.16 $0.31
May 2022 48.81 -16.65% $18.55 $0.38
Jan 2022 58.56 -24.42% $22.84 $0.39
Oct 2021 77.48 15.23% $25.57 $0.33
Aug 2021 67.24 -1.44% $19.5 $0.29

NVDA average PE ratio chart

What is the average PE ratio of NVDA for the past years

The current PE ratio of NVDA is below the 3, 5 and 10-year averages.

3-year avg
69.83
5-year avg
69.56
10-year avg
51.73
15-year avg
42.25

NVDA PE vs peers

What is NVDA's PE ratio compared to its peers

Compared to its peers AMD and ALTR, 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 39.76.

Stock name PE ratio Market cap
STM ST Microelectronics 14.73 $22.89B
QCOM Qualcomm Inc 16.71 $175.04B
MSFT Microsoft Corp 31.1 $2.88T
TXN Texas Instruments Inc 34.68 $165.44B
NVDA Nvidia Corp 39.57 $2.87T
AMD Advanced Micro Devices Inc 105.18 $172.14B
ALTR Altair Engineering Inc 656.88 $9.58B
INTC Intel Corp N/A $104.44B
AMBA Ambarella Inc N/A $2.3B

Frequently asked questions

What is Nvidia's PE ratio?

As of Mar 18, 2025, NVDA stock has a price to earnings ratio of 38.87.

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 69.83.

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 69.56.

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 25% 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 (Mar 18, 2025), Nvidia's stock price is $115.43. The earnings per share for the trailing twelve months (TTM) ending Jan 2025 is $2.97. Therefore, Nvidia's P/E ratio for today is 38.87. PE RATIO(38.87) = STOCK PRICE($115.43) / TTM EPS($2.97)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.