ON On Semiconductor PE ratio, current and historical analysis
The PE ratio for On Semiconductor stock stands at 14.69 as of Feb 21, 2025. This results from the current EPS of $3.68 and stock price of $54.05. A decrease of 10% has been seen in the P/E ratio compared to the average of 16.3 of the last 4 quarters.
ON PE ratio history
Over the last ten years, the average PE ratio of On Semiconductor has been 23.99. The current 14.69 PE ratio is 39% 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.
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 |
|---|---|---|---|---|
| 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 |
| Jul 2021 | 30.48 | -41.01% | $38.4 | $1.26 |
ON average PE ratio chart
ON's current P/E ratio is below the 3, 5 and 10-year averages.
ON PE vs peers
ON's PE ratio is lower than its peer stocks AVGO and MU.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ON On Semiconductor Corp | 14.69 | $22.78B |
| MU Micron Technology Inc | 28.24 | $110.12B |
| AVGO Broadcom Inc | 172.17 | $1.02T |
| ALTR Altair Engineering Inc | 272.63 | $9.51B |
| MXL Maxlinear Inc | N/A | $1.4B |
Frequently asked questions
What is On Semiconductor's PE ratio?
The price to earnings ratio for ON stock as of Feb 21, 2025, stands at 14.69.
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 16.6.
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 25.95.
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 39% below 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 (Feb 21, 2025), On Semiconductor's stock price is $54.05. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.68. Therefore, On Semiconductor's P/E ratio for today is 14.69. PE RATIO(14.69) = STOCK PRICE($54.05) / TTM EPS($3.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.