NVT nVent Electric PE ratio, current and historical analysis
As of Nov 21, 2024, the nVent Electric stock's PE ratio is 22.47. This results from the current EPS of $3.47 and stock price of $77.96. The P/E ratio has increased by 11% from the past four quarters average of 20.3.
NVT PE ratio history
The PE ratio of nVent Electric has averaged 23.44 over the last seven years. The current PE ratio of 22.47 is 4.1% below the historical average. Over the past seven 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.
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
NVT's current P/E ratio is above the 3-year historical average, but it is below the 5-year average.
NVT PE vs peers
Compared to its peer stock TEL, NVT's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TEL TE Connectivity Ltd | 14.47 | $45.03B |
| NVT nVent Electric plc | 22.47 | $12.85B |
| SRI Stoneridge Inc | N/A | $177.48M |
Frequently asked questions
What is nVent Electric's PE ratio?
The price to earnings ratio for NVT stock is 22.47 as of Nov 21, 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 19.25.
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 25.84.
What is the highest PE ratio for NVT?
The highest quarterly PE ratio in the last seven 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 4.1% below its 7-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 (Nov 21, 2024), nVent Electric's stock price is $77.96. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.47. Therefore, nVent Electric's P/E ratio for today is 22.47. PE RATIO(22.47) = STOCK PRICE($77.96) / TTM EPS($3.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.