P/E Ratio
Updated 102h ago
Sector Performance
90th percentileON
67.0x
Sector Median
24.8x
Sector Avg
36.1x
Deep Analysis
ON’s current price-to-earnings (P/E) ratio of 67.0x means investors are paying $67.00 for every $1.00 of the company’s trailing earnings, indicating a high valuation relative to profits.
This far exceeds the sector median of 24.5x, placing ON in the 90th percentile among its peers — only 10% of sector stocks carry a higher P/E. The year-over-year change is not available, but the ratio has dropped 28.1% quarter-over-quarter from 93.3x to 67.0x, showing a sharp compression in valuation. A high P/E combined with a declining trend may signal that earnings are catching up with the share price or that the market is reassessing growth expectations. This creates both an opportunity if earnings continue to grow and a risk if the compression accelerates. The elevated P/E level supports the CAUTIOUS verdict, as the stock remains expensive compared to its sector, even after the recent decline.
Frequently Asked Questions
What does the P/E Ratio tell investors about ON?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
Who are ON's closest peers by P/E Ratio?
The closest peers by P/E Ratio include: VICI (9.1x), OMF (9.0x), JACK (8.5x), GIS (8.4x), FIS (8.4x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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67.0x
Sector Median
24.8x
Sector Avg
36.1x
How ON's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.