Nvidia P/E Ratio Hits 7-Year Low of 27x
NVDA NVIDIA Corp
$216.47 -0.29%
View chart & analysis → - 1Nvidia (NVDA) trailing 12-month P/E ratio is slightly above 27x, the lowest since June 2019.
- 2Fiscal year 2027 second quarter revenue rose 106% year-over-year to $92.6 billion, while profit rose 126%.
- 3This is a result of earnings growing faster than the stock price, and the forward P/E ratio is the lowest among the Magnificent 7.
So what's the key point?
Because earnings grew faster than the stock price, the stock has become relatively cheap compared to its profits. This is why the P/E ratio has reached its lowest level in 7 years.
Source The Motley Fool +1 · View original ↗
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