Back to ONTO overview

ONTO Onto Innovation PE ratio, current and historical analysis

As of Feb 23, 2024, the Onto Innovation stock's PE ratio is 55.6. This results from the current EPS of $3.21 and stock price of $178.46. The P/E ratio has increased by 103% from the past four quarters average of 27.4.

ONTO PE ratio history

How has ONTO's PE ratio performed in the past

The PE ratio of Onto Innovation has averaged 93.92 over the last nine years. The current PE ratio of 55.6 is 41% 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
93.92
Median
28.51
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
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
2013 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-year historical average, but it is below the 5 and 10-year averages.

3-year avg
29.67
5-year avg
70.22
10-year avg
93.92
15-year avg
74.36

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
KLAC Kla Corp 33.76 $90.45B
LRCX Lam Research Corp 35.73 $121.73B
KLIC Kulicke & Soffa Industries Inc 53.81 $2.76B
ONTO Onto Innovation Inc 55.6 $8.76B

Frequently asked questions

What is Onto Innovation's PE ratio?

ONTO stock has a price to earnings ratio of 55.6 as of Feb 23, 2024.

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

The 3-year average PE ratio for ONTO stock is 29.67.

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

The 5-year average PE ratio for ONTO stock is 70.22.

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 41% below its 9-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 (Feb 23, 2024), Onto Innovation's stock price is $178.46. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $3.21. Therefore, Onto Innovation's P/E ratio for today is 55.6. PE RATIO(55.6) = STOCK PRICE($178.46) / TTM EPS($3.21)

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