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NVMI Nova PE ratio, current and historical analysis

As at Feb 23, 2024, the NVMI stock has a PE ratio of 34.21. This is based on the current EPS of $4.73 and the stock price of $161.82 per share. An increase of 38% has been seen in the P/E ratio compared to the average of 24.8 of the last 4 quarters.

NVMI PE ratio history

How has NVMI's PE ratio performed in the past

The mean historical PE ratio of Nova over the last ten years is 24.59. The current 34.21 PE ratio is 39% 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.

Average
24.59
Median
20.93
Minimum
11.74
Maximum
49.25

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

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

NVMI's current P/E ratio is above the 3, 5 and 10-year historical averages.

3-year avg
29.44
5-year avg
28.34
10-year avg
24.59
15-year avg
21.92

NVMI PE vs peers

What is NVMI's PE ratio compared to its 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 24.16 $163.85B
KLAC Kla Corp 33.76 $90.45B
NVMI Nova Ltd 34.21 $4.7B
CAMT Camtek Ltd 44.2 $3.49B

Frequently asked questions

What is Nova's PE ratio?

NVMI stock has a price to earnings ratio of 34.21 as of Feb 23, 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 29.44.

What is the 5-year average PE ratio for Nova (NVMI)?

The average PE ratio for NVMI stock over the past 5 years is 28.34.

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 39% 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 (Feb 23, 2024), Nova's stock price is $161.82. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.73. Therefore, Nova's P/E ratio for today is 34.21. PE RATIO(34.21) = STOCK PRICE($161.82) / TTM EPS($4.73)

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