ONTO Onto Innovation PE ratio, current and historical analysis
As of Nov 21, 2024, the Onto Innovation stock's PE ratio is 45.0. This results from the current EPS of $3.7 and stock price of $166.5. The P/E ratio has a decrease of 28% from the past four quarters average of 62.4.
ONTO PE ratio history
The PE ratio of Onto Innovation has averaged 90.22 over the last ten years. The current PE ratio of 45.0 is 50% below the historical average. Over the past ten years, ONTO's PE ratio was at its highest in the Sep 2015 quarter at 1,233, when the stock price was $12.33 and the EPS was $0.01. The lowest value was in the Jul 2017 quarter, when it reached 13.04 with a price of $25.29 and an EPS of $1.94.
Onto Innovation PE ratio by year
Maximum annual increase: 3,798.85% in 2019
Maximum annual decrease: -89.36% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 61.9 | 311.02% |
| 2022 | 15.06 | -57.01% |
| 2022 | 35.03 | -54.04% |
| 2020 | 76.22 | -87.48% |
| 2019 | 609 | 3,798.85% |
| 2018 | 15.62 | -18.52% |
| 2017 | 19.17 | 36.93% |
| 2016 | 14 | -89.36% |
| 2015 | 131.58 | N/A |
| 2014 | N/A | N/A |
ONTO average PE ratio chart
The current PE ratio of ONTO is greater than its 3-year historical average, but it is below the 5 and 10-year averages.
ONTO PE vs peers
Compared to its peer stocks LRCX and KLAC, ONTO's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LRCX Lam Research Corp | 23.59 | $94.1B |
| KLAC Kla Corp | 28.75 | $84.69B |
| ONTO Onto Innovation Inc | 45 | $8.22B |
| KLIC Kulicke & Soffa Industries Inc | N/A | $2.61B |
Frequently asked questions
What is Onto Innovation's PE ratio?
ONTO stock has a price to earnings ratio of 45 as of Nov 21, 2024.
What is the 3-year average PE ratio for Onto Innovation (ONTO)?
The 3-year average PE ratio for ONTO stock is 37.54.
What is the 5-year average PE ratio for Onto Innovation (ONTO)?
The 5-year average PE ratio for ONTO stock is 74.19.
What is the highest PE ratio for ONTO?
In the last ten years, the Sep 2015 quarter recorded the highest quarterly PE ratio at 1,233.
How does the current PE ratio for ONTO compare to its historical average?
ONTO's price to earnings ratio is currently 50% below its 10-year historical average.
How is ONTO's PE ratio calculated (Onto Innovation PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Onto Innovation's stock price is $166.5. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.7. Therefore, Onto Innovation's P/E ratio for today is 45. PE RATIO(45) = STOCK PRICE($166.5) / TTM EPS($3.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.