NVDA Nvidia PE ratio, current and historical analysis
As at Apr 17, 2025, the NVDA stock has a PE ratio of 34.17. This is based on the current EPS of $2.97 and the stock price of $101.49 per share. A decrease of 34% has been seen in the P/E ratio compared to the average of 51.7 of the last 4 quarters.
NVDA PE ratio history
The mean historical PE ratio of Nvidia over the last ten years is 51.73. The current 34.17 PE ratio is 34% 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.
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
The current PE ratio of NVDA is below the 3, 5 and 10-year averages.
NVDA PE vs peers
Compared to its peer AMD, NVDA's PE ratio stands lower, however it is higher than MSFT's and QCOM's. Nvidia's current PE ratio of 34.17 is comparable to the average of its peer group, which is 34.12.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 11.71 | $18.2B |
| QCOM Qualcomm Inc | 14.43 | $151.15B |
| TXN Texas Instruments Inc | 28.33 | $135.13B |
| MSFT Microsoft Corp | 29.49 | $2.73T |
| NVDA Nvidia Corp | 34.17 | $2.48T |
| AMD Advanced Micro Devices Inc | 86.63 | $141.79B |
| INTC Intel Corp | N/A | $81.97B |
| AMBA Ambarella Inc | N/A | $1.83B |
Frequently asked questions
What is Nvidia's PE ratio?
As of Apr 17, 2025, NVDA stock has a price to earnings ratio of 34.17.
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 34% 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 (Apr 17, 2025), Nvidia's stock price is $101.49. 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 34.17. PE RATIO(34.17) = STOCK PRICE($101.49) / TTM EPS($2.97)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.