ON Semiconductor forward PE ON
Share price divided by analysts' consensus earnings for the next twelve months, since 2005.
- Today, Oct 23, 2026
- 18.7×
- 10-year median
- 16.4×
- Against its 10-year history
- 62nd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 8.8× to 35.7×
- Peer median
- 28.6×
ON Semiconductor's forward PE is 18.7× as of Oct 23, 2026.
That is above its ten-year median of 16.4×, close to the middle of its last ten years.
Over that time it ranged from 8.8× in Oct 2018 to 35.7× in Jan 2020.
The median for 10 semiconductor stocks of a similar size is 28.6×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 18.7× | 18.0× | 34.6× |
| 2025 | 19.4× | 15.0× | 25.7× |
| 2024 | 25.4× | 15.6× | 27.4× |
| 2023 | 20.2× | 12.8× | 22.7× |
| 2022 | 12.7× | 9.5× | 15.3× |
| 2021 | 14.9× | 10.4× | 20.3× |
| 2020 | 17.8× | 14.5× | 35.7× |
| 2019 | 34.9× | 10.5× | 34.9× |
| 2018 | 10.3× | 8.8× | 15.8× |
| 2017 | 12.9× | 10.2× | 14.2× |
| 2016 | 11.6× | 9.2× | 12.8× |
| 2015 | 13.4× | 12.8× | 17.2× |
| 2014 | 13.4× | 9.5× | 13.6× |
| 2013 | 11.8× | 9.9× | 19.4× |
| 2012 | 16.3× | 13.6× | 20.9× |
| 2011 | 17.2× | 11.8× | 18.1× |
| 2010 | 10.9× | 6.7× | 12.0× |
| 2009 | 11.9× | 9.9× | 44.7× |
| 2008 | 29.3× | 7.6× | 45.1× |
| 2007 | 12.9× | 11.2× | 18.2× |
Against its peers
Companies in Semiconductors nearest ON Semiconductor's size, closest first, today.
| Company | Forward PE |
|---|---|
| ONON Semiconductor | 18.7× |
| CRDOCredo Technology | 20.2× |
| QQnity Electronics | 22.5× |
| ENTGEntegris | 30.0× |
| MCHPMicrochip Technology | 18.8× |
| MTSIMACOM Technology Solutions | 28.6× |
| ALABAstera Labs | 45.4× |
| TERTeradyne | 31.3× |
| MPWRMonolithic Power Systems | 35.1× |
| LSCCLattice Semiconductor | n/m |
| NXPINXP Semiconductors | 14.1× |
| Peer median | 28.6× |
Where ON Semiconductor 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 ON Semiconductor
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.