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ONTO Onto Innovation PE ratio, current and historical analysis

As of Jul 12, 2024, the Onto Innovation stock's PE ratio is 81.3. This results from the current EPS of $2.82 and stock price of $229.28. The P/E ratio has increased by 64% from the past four quarters average of 49.7.

ONTO PE ratio history

How has ONTO's PE ratio performed in the past

The PE ratio of Onto Innovation has averaged 91.99 over the last nine years. The current PE ratio of 81.3 is 12% 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.

Average
91.99
Median
32.81
Minimum
13.04
Maximum
1,233

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

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

The current PE ratio of ONTO is greater than its 3 and 5-year historical averages, but it is below the 10-year average.

3-year avg
32.69
5-year avg
74.22
10-year avg
91.99
15-year avg
73.83

ONTO PE vs peers

What is ONTO's PE ratio compared to its 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 39.13 $139.87B
KLAC Kla Corp 44.65 $115.48B
ONTO Onto Innovation Inc 81.3 $11.3B
KLIC Kulicke & Soffa Industries Inc N/A $2.91B

Frequently asked questions

What is Onto Innovation's PE ratio?

ONTO stock has a price to earnings ratio of 81.3 as of Jul 12, 2024.

What is the 3-year average PE ratio for Onto Innovation (ONTO)?

The 3-year average PE ratio for ONTO stock is 32.69.

What is the 5-year average PE ratio for Onto Innovation (ONTO)?

The 5-year average PE ratio for ONTO stock is 74.22.

What is the highest PE ratio for ONTO?

In the last nine 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 12% below its 9-year historical average.

Why is Onto Innovation's PE ratio so high?

A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.

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 (Jul 12, 2024), Onto Innovation's stock price is $229.28. 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 81.3. PE RATIO(81.3) = STOCK PRICE($229.28) / TTM EPS($2.82)

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