The PE ratio for On Semiconductor stock stands at 13.35 as of Jul 25, 2024. This results from the current EPS of $5.06 and stock price of $67.54. A decrease of 24% has been seen in the P/E ratio compared to the average of 17.5 of the last 4 quarters.
Over the last ten years, the average PE ratio of On Semiconductor has been 24.4. The current 13.35 PE ratio is 45% 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 ALTR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ON On Semiconductor Corp | 13.87 | $30.19B |
| AVGO Broadcom Inc | 63.18 | $705.82B |
| ALTR Altair Engineering Inc | 730.58 | $7.28B |
| MU Micron Technology Inc | N/A | $121.32B |
| MXL Maxlinear Inc | N/A | $1.07B |
The price to earnings ratio for ON stock as of Jul 25, 2024, stands at 13.35.
As an average over the last 3 years, ON stock has a PE ratio of 18.73.
As an average over the last 5 years, ON stock has a PE ratio of 28.53.
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 45% 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 (Jul 25, 2024), On Semiconductor's stock price is $67.54. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.06. Therefore, On Semiconductor's P/E ratio for today is 13.35. PE RATIO(13.35) = STOCK PRICE($67.54) / TTM EPS($5.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.