NVIDIA forward PE NVDA

Share price divided by analysts' consensus earnings for the next twelve months, since 1999.

Today, Oct 23, 2026: 17.5×
10-year median: 33.6×
Against its 10-year history: 0th; percentile: 0 is its lowest day, 100 its highest
10-year range: 17.5× to 88.5×
Peer median: 18.6×

NVIDIA's forward PE is 17.5× as of Oct 23, 2026.

That is below its ten-year median of 33.6×, lower than on 100% of days in the last ten years.

Over that time it ranged from 17.5× in Oct 2026 to 88.5× in Nov 2021.

The median for 3 semiconductor stocks of a similar size is 18.6×.

Forward PE over time

median 33.6×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	17.5×	17.5×	24.9×
2025	24.3×	20.8×	37.5×
2024	35.5×	20.3×	44.3×
2023	20.5×	19.4×	29.8×
2022	20.3×	20.3×	83.6×
2021	78.9×	29.9×	88.5×
2020	35.8×	22.8×	45.7×
2019	30.1×	22.4×	41.5×
2018	34.6×	31.7×	65.8×
2017	28.5×	28.2×	46.1×
2016	43.1×	16.1×	44.2×
2015	22.1×	13.1×	22.6×
2014	14.2×	11.6×	19.7×
2013	17.9×	17.1×	23.9×
2012	18.9×	17.8×	27.1×
2011	23.4×	14.7×	31.3×
2010	18.8×	12.8×	29.9×
2009	28.7×	19.6×	28.7×
2008	66.2×	17.3×	66.2×
2007	24.2×	16.6×	27.5×

Against its peers

Companies in Semiconductors nearest NVIDIA's size, closest first, today.

Company	Forward PE
NVDANVIDIA	17.5×
AVGOBroadcom	18.6×
MUMicron Technology	5.0×
AMDAdvanced Micro Devices	45.7×
Peer median	18.6×

Where NVIDIA ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on NVIDIA

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.