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NVT nVent Electric PE ratio, current and historical analysis

As of Jun 18, 2024, the nVent Electric stock's PE ratio is 22.85. This results from the current EPS of $3.49 and stock price of $79.76. The P/E ratio has increased by 20% from the past four quarters average of 19.1.

NVT PE ratio history

How has NVT's PE ratio performed in the past

The PE ratio of nVent Electric has averaged 23.66 over the last six years. The current PE ratio of 22.85 is 3.4% below the historical average. Over the past six years, NVT's PE ratio was at its highest in the Jun 2021 quarter at 130.17, when the stock price was $31.24 and the EPS was $0.24. The lowest value was in the Jun 2018 quarter, when it reached 13.57 with a price of $25.1 and an EPS of $1.85.

Average
23.66
Median
18.11
Minimum
13.57
Maximum
130.17

nVent Electric PE ratio by year

Maximum annual increase: 13.04% in 2019

Maximum annual decrease: -31.23% in 2022

Year PE ratio Change
2023 17.28 7.8%
2022 16.03 -31.23%
2021 23.31 N/A
2020 N/A N/A
2019 19.68 13.04%
2018 17.41 N/A
2017 N/A N/A
2016 N/A N/A
2015 N/A N/A

NVT average PE ratio chart

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

NVT's current P/E ratio is below the 3 and 5-year averages.

3-year avg
28.38
5-year avg
25.3
10-year avg
N/A
15-year avg
N/A

NVT PE vs peers

What is NVT's PE ratio compared to its peers

Compared to its peer stock TEL, NVT's PE ratio stands higher.

Stock name PE ratio Market cap
TEL TE Connectivity Ltd 13.74 $46.3B
NVT nVent Electric plc 22.85 $13.24B
SRI Stoneridge Inc N/A $437.76M

Frequently asked questions

What is nVent Electric's PE ratio?

The price to earnings ratio for NVT stock is 22.85 as of Jun 18, 2024.

What is the 3-year average PE ratio for nVent Electric (NVT)?

As an average over the last 3 years, NVT stock has a PE ratio of 28.38.

What is the 5-year average PE ratio for nVent Electric (NVT)?

As an average over the last 5 years, NVT stock has a PE ratio of 25.3.

What is the highest PE ratio for NVT?

The highest quarterly PE ratio in the last six years has been 130.17 and it was in the Jun 2021 quarter.

How does the current PE ratio for NVT compare to its historical average?

NVT's price to earnings ratio is currently 3.4% below its 6-year historical average.

How is NVT's PE ratio calculated (nVent Electric PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 18, 2024), nVent Electric's stock price is $79.76. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.49. Therefore, nVent Electric's P/E ratio for today is 22.85. PE RATIO(22.85) = STOCK PRICE($79.76) / TTM EPS($3.49)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.