ON Semiconductor Corp (ON) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of imag...

ON Semiconductor Corp (ON) currently trades at a P/E ratio of 50.72 (historical range: 8.76–93.19, median: 46.22), placing it at the 53th percentile — near its historical average, P/S ratio of 4.80 (range: 2.02–8.71, 82th percentile — expensive relative to its history), EV/EBITDA of 309.30 (range: 8.91–358.30, 87th percentile).

Over the historical period (2024-08-30 to 2026-08-28), ON Semiconductor Corp's P/E ratio has expanded by 184% over the observed period (from an average of 23.9 to 67.9).

ON Semiconductor Corp appears slightly overvalued relative to its historical range, with most valuation metrics above their median levels.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio50.728.7646.2293.1953thnear its historical average
P/S Ratio4.802.023.848.7182thexpensive relative to its history
EV/EBITDA309.308.9122.29358.3087thexpensive relative to its history
FCF Yield0.010.000.030.0818thexpensive relative to its history
Current Price: $72.60
Market Cap: $28.3B
Sector: Technology