ON Semiconductor
ON
#642
Rank
$31.02 B
Marketcap
$72.11
Share price
1.55%
Change (1 day)
-16.75%
Change (1 year)
ON Semiconductor is an American semiconductor supplier company that runs a network of manufacturing facilities, sales offices and design centers. Its products include power and signal management, logic, discrete, and custom devices for automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power applications.

P/E ratio for ON Semiconductor (ON)

P/E ratio as of May 2024 (TTM): 13.9

According to ON Semiconductor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9041. At the end of 2022 the company had a P/E ratio of 14.2.

P/E ratio history for ON Semiconductor from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.2-50.63%
202128.8-49.3%
202056.821.07%
201946.9320.29%
201811.22.28%
201710.9-62.39%
201629.045%
201520.0-15.1%
201423.65.78%
201322.3-163.18%
2012-35.3-159.36%
201159.4302.71%
201014.7-76.59%
200963.0-2305%
2008-2.86-127.03%
200710.618.7%
20068.91-61.35%
200523.0-394.36%
2004-7.830.26%
2003-7.81390.09%
2002-1.59266.34%
2001-0.4348

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
-24.0-272.63%๐Ÿ‡บ๐Ÿ‡ธ USA
-155-1,216.99%๐Ÿ‡บ๐Ÿ‡ธ USA
-906-6,616.06%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.