As of Jul 25, 2024, the Onto Innovation stock's PE ratio is 67.07. This results from the current EPS of $2.82 and stock price of $189.14. The P/E ratio has increased by 35% from the past four quarters average of 49.7.
The PE ratio of Onto Innovation has averaged 91.99 over the last nine years. The current PE ratio of 67.07 is 27% below the historical average. Over the past nine 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.
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 |
The current PE ratio of ONTO is greater than its 3-year historical average, but it is below the 5 and 10-year averages.
Compared to its peer stocks LRCX and KLAC, ONTO's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LRCX Lam Research Corp | 32.73 | $116.97B |
| KLAC Kla Corp | 41 | $106.06B |
| ONTO Onto Innovation Inc | 66.95 | $9.3B |
| KLIC Kulicke & Soffa Industries Inc | N/A | $2.6B |
ONTO stock has a price to earnings ratio of 67.07 as of Jul 25, 2024.
The 3-year average PE ratio for ONTO stock is 32.69.
The 5-year average PE ratio for ONTO stock is 74.22.
In the last nine years, the Sep 2015 quarter recorded the highest quarterly PE ratio at 1,233.
ONTO's price to earnings ratio is currently 27% below its 9-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Onto Innovation's stock price is $189.14. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.82. Therefore, Onto Innovation's P/E ratio for today is 67.07. PE RATIO(67.07) = STOCK PRICE($189.14) / TTM EPS($2.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.