Back to NVDA overview
#
NVDA Nvidia
PE ratio, current and historical analysis

## NVDA PE ratio history

### Nvidia PE ratio by year

## NVDA average PE ratio chart

## NVDA PE vs peers

## Frequently asked questions

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What is Nvidia's PE ratio?

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What is the 3-year average PE ratio for Nvidia (NVDA)?

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What is the 5-year average PE ratio for Nvidia (NVDA)?

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What is the highest PE ratio for NVDA?

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How does the current PE ratio for NVDA compare to its historical average?

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Why is Nvidia's PE ratio so high?

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How is NVDA's PE ratio calculated (Nvidia PE ratio formula)?

As at Jun 18, 2024, the NVDA stock has a PE ratio of 78.37. This is based on the current EPS of $1.73 and the stock price of $135.58 per share. An increase of 18% has been seen in the P/E ratio compared to the average of 66.3 of the last 4 quarters.

How has NVDA's PE ratio performed in the past

The mean historical PE ratio of Nvidia over the last ten years is 49.39. The current 78.37 PE ratio is 59% above the historical average. Over the past ten years, NVDA's PE ratio was at its highest in the Apr 2023 quarter at 146.05, with a price of $27.75 and an EPS of $0.19. The Oct 2014 quarter recorded the bottom point at 15.4, with a price of $0.46 and an EPS of $0.03.

Average

49.39

Median

46.33

Minimum

15.4

Maximum

146.05

Maximum annual increase: 121.57% in 2020

Maximum annual decrease: -55.42% in 2024

Year | PE ratio | Change |
---|---|---|

2024 | 50.44 | -55.42% |

2023 | 113.14 | 93.2% |

2022 | 58.56 | -18.86% |

2021 | 72.17 | 38.31% |

2020 | 52.18 | 121.57% |

2019 | 23.55 | -49.67% |

2018 | 46.79 | 33.95% |

2017 | 34.93 | 43.16% |

2016 | 24.4 | 41.29% |

2015 | 17.27 | -11.21% |

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

The current PE ratio of NVDA is greater than its 3, 5 and 10-year historical averages.

3-year avg

74.38

5-year avg

69.28

10-year avg

49.39

15-year avg

41.86

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 above the peer group average of 28.31.

Stock name | PE ratio | Market cap |
---|---|---|

STM ST Microelectronics | 10.14 | $37.25B |

QCOM Qualcomm Inc | 29.45 | $246.8B |

TXN Texas Instruments Inc | 29.85 | $175.81B |

INTC Intel Corp | 32.09 | $131.16B |

MSFT Microsoft Corp | 38.13 | $3.28T |

NVDA Nvidia Corp | 79.68 | $3.39T |

AMD Advanced Micro Devices Inc | 234.61 | $261.65B |

ALTR Altair Engineering Inc | 806.17 | $8.03B |

AMBA Ambarella Inc | N/A | $2.27B |

As of Jun 18, 2024, NVDA stock has a price to earnings ratio of 78.37.

As an average over the last 3 years, NVDA stock has a PE ratio of 74.38.

As an average over the last 5 years, NVDA stock has a PE ratio of 69.28.

Over the last ten years, the quarterly PE ratio reached a historic high of 146.05 in the Apr 2023 quarter.

NVDA's current price to earnings ratio is 59% above its 10-year historical average.

NVDA's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 78.37 is considered high.

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 18, 2024), Nvidia's stock price is $135.58. The earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $1.73. Therefore, Nvidia's P/E ratio for today is 78.37. `PE RATIO(78.37) = STOCK PRICE($135.58) / TTM EPS($1.73)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.