As at Jul 25, 2024, the NVDA stock has a PE ratio of 64.9. This is based on the current EPS of $1.73 and the stock price of $112.28 per share. A decrease of 2.1% has been seen in the P/E ratio compared to the average of 66.3 of the last 4 quarters.
The mean historical PE ratio of Nvidia over the last ten years is 49.39. The current 64.9 PE ratio is 31% 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.
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% |
The current PE ratio of NVDA is greater than its 10-year historical average, but it is below the 3 and 5-year averages.
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 26.8.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 8.35 | $30.69B |
| QCOM Qualcomm Inc | 23.97 | $200.94B |
| INTC Intel Corp | 32.66 | $133.46B |
| TXN Texas Instruments Inc | 34.77 | $184.43B |
| MSFT Microsoft Corp | 36.69 | $3.16T |
| NVDA Nvidia Corp | 65.35 | $2.78T |
| AMD Advanced Micro Devices Inc | 202.88 | $226.27B |
| ALTR Altair Engineering Inc | 730.58 | $7.28B |
| AMBA Ambarella Inc | N/A | $2.17B |
As of Jul 25, 2024, NVDA stock has a price to earnings ratio of 64.9.
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 31% above its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Nvidia's stock price is $112.28. 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 64.9. PE RATIO(64.9) = STOCK PRICE($112.28) / TTM EPS($1.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.