ON PEG Ratio Analysis
Updated 317h ago·SEC filings & market data
Key Takeaway
The PEG ratio (price-to-earnings divided by earnings growth rate) of 0.72x means the stock trades at a price that is 0.72 times its expected annual earnings growth, implying it may be undervalued relative to its growth prospects.
Sector Performance
42th percentileON
0.72x
Sector Median
0.97x
Sector Avg
2.92x
Prior Period
1.00x(Jun 2026)
Deep Analysis
The PEG ratio (price-to-earnings divided by earnings growth rate) of 0.72x means the stock trades at a price that is 0.72 times its expected annual earnings growth, implying it may be undervalued relative to its growth prospects.
This is below the sector median of 0.97x, placing ON in the 41st percentile among peers, indicating it is cheaper than most comparable companies on a growth-adjusted basis. Year-over-year change is not available, but the ratio decreased by 28.0% quarter-over-quarter from 1.00x to 0.72x, showing a sharp recent decline. The combination of a below-sector level and a falling trend could signal deteriorating growth expectations or a market repricing of risk, which introduces uncertainty. This metric supports the overall CAUTIOUS verdict because the rapid quarterly drop may reflect underlying headwinds that justify a careful stance, despite the apparent value.
Frequently Asked Questions
What does the PEG Ratio tell investors about ON?
The PEG ratio adjusts P/E for expected growth. A PEG below 1.0 may signal undervaluation; above 2.0 may suggest the growth story is priced in.
How is the PEG Ratio calculated?
PEG Ratio is calculated as: P/E Ratio / EPS Growth Rate.
Who are ON's closest peers by PEG Ratio?
The closest peers by PEG Ratio include: EBAY (8.15x), VTR (8.27x), DOV (8.39x), MTD (8.61x), KR (9.25x).
Learn More About PEG Ratio
The Formula
P/E Ratio / EPS Growth Rate
Why It Matters
The PEG ratio adjusts P/E for expected growth. A PEG below 1.0 may signal undervaluation; above 2.0 may suggest the growth story is priced in.
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0.72x
Sector Median
0.97x
Sector Avg
2.92x
How ON's PEG Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.