ONCAUTIOUS

ON P/E Ratio Analysis

59.8x

Updated 57h ago·SEC filings & market data

Key Takeaway

The P/E ratio of 59.8x means investors are paying $59.80 for every $1 of the company's current earnings, a high price relative to profits.

Sector Performance

90th percentile

59.8x

Sector Median

23.1x

Sector Avg

33.7x

Prior Period

67.0x(Aug 2026)

↑ Improving

📊

Deep Analysis

The P/E ratio of 59.8x means investors are paying $59.80 for every $1 of the company's current earnings, a high price relative to profits.

This compares poorly to the sector median of 23.3x, placing ON in the 90th percentile among peers. For the year-over-year change, the data is N/A, but the quarter-over-quarter change shows a -10.8% decline from 67.0x to 59.8x. The combination of a very high P/E level with a modest quarterly decline suggests the stock remains expensive, though some valuation pressure has eased. This implies a continuing downside risk if earnings fail to meet expectations, with no clear opportunity from current valuation. This metric supports the overall CAUTIOUS verdict, as the premium multiple over peers is hard to justify.

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: WELL (102.4x), IAC (104.9x), FORM (108.1x), MCHP (113.5x), MTSI (118.9x).

📚

Learn More About P/E Ratio

DCF Valuation: How to Estimate What a Stock Is Actually Worth

Discounted Cash Flow is the most rigorous way to value a company. It's also the most misunderstood. Here's a plain-English walkthrough with a real example.

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.