ON On Semiconductor PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: ON
- PE Ratio
The PE ratio for On Semiconductor stock stands at 34.2 as of Jun 4, 2025. This results from the current EPS of $1.47 and stock price of $50.28. An increase of 86% has been seen in the P/E ratio compared to the average of 18.4 of the last 4 quarters.
ON PE ratio history
Over the last ten years, the average PE ratio of On Semiconductor has been 23.88. The current 34.2 PE ratio is 43% above the historical average. Over the past ten years, ON's PE ratio was at its highest in the Dec 2020 quarter at 57.42, with a price of $32.73 and an EPS of $0.57. The Sep 2018 quarter recorded the bottom point at 7.91, with a price of $18.43 and an EPS of $2.33.
On Semiconductor PE ratio by year
Maximum annual increase: 1,644.61% in 2011
Maximum annual decrease: -76.59% in 2010
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 17.13 | 3.94% | $63.05 | $3.68 |
| 2023 | 16.48 | 15.97% | $83.53 | $5.07 |
| 2022 | 14.21 | -50.42% | $62.37 | $4.39 |
| 2021 | 28.66 | -50.09% | $67.92 | $2.37 |
| 2020 | 57.42 | 22.48% | $32.73 | $0.57 |
| 2019 | 46.88 | 320.07% | $24.38 | $0.52 |
| 2018 | 11.16 | 2.29% | $16.51 | $1.48 |
| 2017 | 10.91 | -62.38% | $20.94 | $1.92 |
| 2016 | 29 | 45% | $12.76 | $0.44 |
| 2015 | 20 | -15.11% | $9.8 | $0.49 |
| 2014 | 23.56 | -2.81% | $10.13 | $0.43 |
| 2013 | 24.24 | N/A | $8.24 | $0.34 |
| 2012 | N/A | N/A | $7.05 | -$0.21 |
| 2011 | 257.33 | 1,644.61% | $7.72 | $0.03 |
| 2010 | 14.75 | -76.59% | $9.88 | $0.67 |
On Semiconductor PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2025 | 22.93 | 33.86% | $33.7 | $1.47 |
| Dec 2024 | 17.13 | -5.57% | $63.05 | $3.68 |
| Sep 2024 | 18.14 | 19.34% | $74.39 | $4.1 |
| Jun 2024 | 15.2 | 4.54% | $68.55 | $4.51 |
| Mar 2024 | 14.54 | -11.77% | $73.55 | $5.06 |
| Dec 2023 | 16.48 | -8.5% | $83.53 | $5.07 |
| Sep 2023 | 18.01 | -13.75% | $92.95 | $5.16 |
| Jun 2023 | 20.88 | 7.52% | $94.58 | $4.53 |
| Mar 2023 | 19.42 | 36.66% | $82.32 | $4.24 |
| Dec 2022 | 14.21 | -9.26% | $62.37 | $4.39 |
| Sep 2022 | 15.66 | 33.05% | $62.33 | $3.98 |
| Jul 2022 | 11.77 | -33.69% | $46.84 | $3.98 |
| Apr 2022 | 17.75 | -38.07% | $59.63 | $3.36 |
| Dec 2021 | 28.66 | -0.1% | $67.92 | $2.37 |
| Oct 2021 | 28.69 | -5.87% | $45.61 | $1.59 |
ON Price vs fair value
ON average PE ratio chart
ON's current P/E ratio is above the 3, 5 and 10-year historical averages.
ON PE vs peers
ON's PE ratio is lower than its peer stock AVGO, but it is greater than MU's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MU Micron Technology Inc | 25.24 | $118.46B |
| ON On Semiconductor Corp | 33.47 | $20.56B |
| AVGO Broadcom Inc | 120.34 | $1.22T |
| MXL Maxlinear Inc | N/A | $1.05B |
Frequently asked questions
What is On Semiconductor's PE ratio?
The price to earnings ratio for ON stock as of Jun 4, 2025, stands at 34.2.
What is the 3-year average PE ratio for On Semiconductor (ON)?
As an average over the last 3 years, ON stock has a PE ratio of 17.03.
What is the 5-year average PE ratio for On Semiconductor (ON)?
As an average over the last 5 years, ON stock has a PE ratio of 24.42.
What is the highest PE ratio for ON?
The highest quarterly PE ratio in the last ten years has been 57.42 and it was in the Dec 2020 quarter.
How does the current PE ratio for ON compare to its historical average?
ON's price to earnings ratio is currently 43% above its 10-year historical average.
How is ON's PE ratio calculated (On Semiconductor PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 4, 2025), On Semiconductor's stock price is $50.28. The earnings per share for the trailing twelve months (TTM) ending Apr 2025 is $1.47. Therefore, On Semiconductor's P/E ratio for today is 34.2. PE RATIO(34.2) = STOCK PRICE($50.28) / TTM EPS($1.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.