ON PE Ratio & Valuation, Is ON Overvalued

Historical Valuation

ON Semiconductor Corp (ON) is now in the Fair zone, suggesting that its current forward PE ratio of 20.97 is considered Fairly compared with the five-year average of 16.51. The fair price of ON Semiconductor Corp (ON) is between 52.57 to 65.73 according to relative valuation method.

Relative Value

Fair Zone

52.57-65.73

Current Price：59.59

Fair

P/E

EV/EBITDA

EV/EBIT

P/S

P/OCF

P/FCF

Trailing

Forward

Unlock 5-Year Valuation Change

Is ON Semiconductor Corp (ON) at a historical peak or a rare bargain? Access the full 5-year trend to find out.

Unlock Now

ON Semiconductor Corp (ON) has a current Price-to-Book (P/B) ratio of 2.91. Compared to its 3-year average P/B ratio of 3.79, the current P/B ratio is approximately -23.32% higher. Relative to its 5-year average P/B ratio of 4.36, the current P/B ratio is about -33.39% higher. ON Semiconductor Corp (ON) has a Forward Free Cash Flow (FCF) yield of approximately 5.94%. Compared to its 3-year average FCF yield of 3.92%, the current FCF yield is approximately 51.69% lower. Relative to its 5-year average FCF yield of 4.23%, the current FCF yield is about 40.38% lower.

Competitors Valuation Multiple

AI Analysis

The average P/S ratio for ON competitors is 7.53, providing a benchmark for relative valuation. ON Semiconductor Corp Corp (ON.O) exhibits a P/S ratio of 3.66, which is -51.35% above the industry average. Given its robust revenue growth of -11.17%, this premium appears unsustainable.

P/E

P/S

EV/EBITDA

EV/EBIT

Earnings Growth

Market Cap

Performance Decomposition

AI Analysis

Market capitalization of ON increased by 0.00% over the past 1 year(s). The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.

The secondary factor is the Unknown, contributed 0.00% to the performance.

Overall, the performance of ON in the past 1 year(s) is driven by Unknown.

People Also Watch

Frequently Asked Questions

Is ON currently overvalued or undervalued?

What is ON Semiconductor Corp (ON) fair value?

ON's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. The fair price of ON Semiconductor Corp (ON) is between 52.57 to 65.73 according to relative valuation method.

How does ON's valuation metrics compare to the industry average?

The average P/S ratio for ON's competitors is 7.53, providing a benchmark for relative valuation. ON Semiconductor Corp Corp (ON) exhibits a P/S ratio of 3.66, which is -51.35% above the industry average. Given its robust revenue growth of -11.17%, this premium appears unsustainable.

What is the current P/B ratio for ON Semiconductor Corp (ON) as of Mar 11 2026?

As of Mar 11 2026, ON Semiconductor Corp (ON) has a P/B ratio of 2.91. This indicates that the market values ON at 2.91 times its book value.

What is the current FCF Yield for ON Semiconductor Corp (ON) as of Mar 11 2026?

As of Mar 11 2026, ON Semiconductor Corp (ON) has a FCF Yield of 5.94%. This means that for every dollar of ON Semiconductor Corp's market capitalization, the company generates 5.94 cents in free cash flow.

What is the current Forward P/E ratio for ON Semiconductor Corp (ON) as of Mar 11 2026?

As of Mar 11 2026, ON Semiconductor Corp (ON) has a Forward P/E ratio of 20.97. This means the market is willing to pay $20.97 for every dollar of ON Semiconductor Corp's expected earnings over the next 12 months.

What is the current Forward P/S ratio for ON Semiconductor Corp (ON) as of Mar 11 2026?

As of Mar 11 2026, ON Semiconductor Corp (ON) has a Forward P/S ratio of 3.66. This means the market is valuing ON at $3.66 for every dollar of expected revenue over the next 12 months.

ON Valuation