The PE ratio for On Semiconductor stock stands at 17.31 as of Nov 1, 2024. This results from the current EPS of $4.1 and stock price of $70.99. An increase of 8% has been seen in the P/E ratio compared to the average of 16.1 of the last 4 quarters.
Over the last ten years, the average PE ratio of On Semiconductor has been 24.15. The current 17.31 PE ratio is 28% below 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.
Maximum annual increase: 320.07% in 2019
Maximum annual decrease: -62.38% in 2017
Year | PE ratio | Change |
---|---|---|
2023 | 16.48 | 15.97% |
2022 | 14.21 | -50.42% |
2021 | 28.66 | -50.09% |
2020 | 57.42 | 22.48% |
2019 | 46.88 | 320.07% |
2018 | 11.16 | 2.29% |
2017 | 10.91 | -62.38% |
2016 | 29 | 45% |
2015 | 20 | -15.11% |
2014 | 23.56 | -2.81% |
ON's current P/E ratio is below the 3, 5 and 10-year averages.
ON's PE ratio is lower than its peer stocks AVGO and MU.
Stock name | PE ratio | Market cap |
---|---|---|
ON On Semiconductor Corp | 17.31 | $30.23B |
AVGO Broadcom Inc | 140.77 | $788.95B |
MU Micron Technology Inc | 142.47 | $110.57B |
ALTR Altair Engineering Inc | 253.66 | $8.85B |
MXL Maxlinear Inc | N/A | $1.14B |
The price to earnings ratio for ON stock as of Nov 1, 2024, stands at 17.31.
As an average over the last 3 years, ON stock has a PE ratio of 17.56.
As an average over the last 5 years, ON stock has a PE ratio of 27.52.
The highest quarterly PE ratio in the last ten years has been 57.42 and it was in the Dec 2020 quarter.
ON's price to earnings ratio is currently 28% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 1, 2024), On Semiconductor's stock price is $70.99. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.1. Therefore, On Semiconductor's P/E ratio for today is 17.31. PE RATIO(17.31) = STOCK PRICE($70.99) / TTM EPS($4.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.