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ON On Semiconductor PE ratio, current and historical analysis

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

How has ON's PE ratio performed in the past

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.

Today
33.47
Average
23.88
Median
20
Minimum
7.91
Maximum
57.42

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

How does ON's price compare to its estimated fair value based on its growth

ON average PE ratio chart

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

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

3-year avg
17.03
5-year avg
24.42
10-year avg
23.88
15-year avg
44.49

ON PE vs peers

What is ON's PE ratio compared to its 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.