As at Jul 25, 2024, the NVMI stock has a PE ratio of 41.16. This is based on the current EPS of $4.79 and the stock price of $197.18 per share. An increase of 43% has been seen in the P/E ratio compared to the average of 28.7 of the last 4 quarters.
The mean historical PE ratio of Nova over the last ten years is 25.15. The current 41.16 PE ratio is 64% 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.
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's current P/E ratio is above the 3, 5 and 10-year historical averages.
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 | 23.54 | $170.95B |
| KLAC Kla Corp | 40.99 | $106.01B |
| NVMI Nova Ltd | 41.46 | $5.77B |
| CAMT Camtek Ltd | 52.86 | $4.56B |
NVMI stock has a price to earnings ratio of 41.16 as of Jul 25, 2024.
The average PE ratio for NVMI stock over the past 3 years is 27.27.
The average PE ratio for NVMI stock over the past 5 years is 30.12.
In the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 49.25.
NVMI's current price to earnings ratio is 64% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Nova's stock price is $197.18. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.79. Therefore, Nova's P/E ratio for today is 41.16. PE RATIO(41.16) = STOCK PRICE($197.18) / TTM EPS($4.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.