NVMI Nova PE ratio, current and historical analysis
As at Nov 21, 2024, the NVMI stock has a PE ratio of 30.51. This is based on the current EPS of $5.89 and the stock price of $179.72 per share. A decrease of 16% has been seen in the P/E ratio compared to the average of 36.4 of the last 4 quarters.
NVMI PE ratio history
The mean historical PE ratio of Nova over the last ten years is 26.11. The current 30.51 PE ratio is 17% above the historical average. Over the past ten years, NVMI's PE ratio was at its highest in the Sep 2016 quarter at 49.25, with a price of $11.82 and an EPS of $0.24. The Dec 2018 quarter recorded the bottom point at 11.74, with a price of $22.78 and an EPS of $1.94.
Nova PE ratio by year
Maximum annual increase: 155.71% in 2019
Maximum annual decrease: -62.61% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 29.05 | 73.95% |
| 2022 | 16.7 | -62.61% |
| 2021 | 44.66 | 8.16% |
| 2020 | 41.29 | 37.54% |
| 2019 | 30.02 | 155.71% |
| 2018 | 11.74 | -23.87% |
| 2017 | 15.42 | -58.99% |
| 2016 | 37.6 | 122.49% |
| 2015 | 16.9 | 10.6% |
| 2014 | 15.28 | -39.44% |
NVMI average PE ratio chart
NVMI's current P/E ratio is above the 3 and 10-year historical averages, but it is below the 5-year average.
NVMI PE vs peers
Compared to its peer CAMT, NVMI's PE ratio stands lower, however it is higher than AMAT's and KLAC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMAT Applied Materials Inc | 19.59 | $144.89B |
| KLAC Kla Corp | 28.75 | $84.69B |
| NVMI Nova Ltd | 30.51 | $5.22B |
| CAMT Camtek Ltd | 32.27 | $3.43B |
Frequently asked questions
What is Nova's PE ratio?
NVMI stock has a price to earnings ratio of 30.51 as of Nov 21, 2024.
What is the 3-year average PE ratio for Nova (NVMI)?
The average PE ratio for NVMI stock over the past 3 years is 28.78.
What is the 5-year average PE ratio for Nova (NVMI)?
The average PE ratio for NVMI stock over the past 5 years is 31.43.
What is the highest PE ratio for NVMI?
In the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 49.25.
How does the current PE ratio for NVMI compare to its historical average?
NVMI's current price to earnings ratio is 17% above its 10-year historical average.
How is NVMI's PE ratio calculated (Nova PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Nova's stock price is $179.72. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.89. Therefore, Nova's P/E ratio for today is 30.51. PE RATIO(30.51) = STOCK PRICE($179.72) / TTM EPS($5.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.