Companies: 10,795·Total market cap: $144.5T
Novanta Inc.

Novanta Inc.

NOVTNASDAQTechnology● Active
$163.36
+$7.07(+4.52%)
Market Cap$5.8B
P/E Ratio
52W High$171.85
52W Low$98.27

Novanta Inc. (NOVT) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

novt · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Novanta Inc. (NOVT) measures how much investors pay for each dollar of the company's trailing earnings. NOVT's current PE ratio of 122.71x is calculated by dividing its stock price of $163.36 by its TTM earnings per share of $1.33. +39.8% elevated vs 5Y avg 87.8x

122.71x
P/E Ratio (TTM)+39.8%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
45.50x
FY2026 est. EPS $3.59
Based on 2 analysts
EPS (TTM)
$1.33
TTM · diluted EPS
PEG Ratio
-4.29
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Novanta Inc. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 87.8x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 16 fiscal years · Front-end computed
Average
53.2x
16-yr mean
Median
48.6x
16-yr midpoint
Minimum
11.8x
Lowest year
Maximum
124.0x
Highest year
122.7x ← Now
11.8x
Min
Q1 · 25%48.6x
Median
Q3 · 75%124.0x
Max
Historically Elevated

At 122.71x, NOVT's current P/E is higher than in 94% of its annual fiscal year readings over the past 16 years — historically elevated.

94th percentileHigher than 15 of 16 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Hardware, Equipment & Parts · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Novanta Inc.
Novanta Inc.You
NOVT
$5.8B122.71x+209.0%$1.33
Belden Inc.
Belden Inc.
BDC
$4.3B19.43x-51.1%$6.00
Badger Meter, Inc.
Badger Meter, Inc.
BMI
$3.8B36.20x-8.8%$4.82
Webull Corporation Class A Ordinary Shares
Webull Corporation Class A Ordinary Shares
BULL
$3.0B124.53x+213.6%$0.06
ESCO Technologies Inc.
ESCO Technologies Inc.
ESE
$7.6B18.28x-54.0%$11.55
Itron, Inc.
Itron, Inc.
ITRI
$3.6B14.03x-64.7%$6.62
OSI Systems, Inc.
OSI Systems, Inc.
OSIS
$3.5B25.81x-35.0%$8.71
Industry Average
6 peers with valid PE
39.72xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
80.88x$1.47-5.6%
2024-12-31
FY2024
85.70x$1.78+3.5%
2023-12-31
FY2023
82.83x$2.03+26.6%
2022-12-31
FY2022
65.41x$2.08-47.2%
2021-12-31
FY2021
124.01x$1.42+32.9%
2020-12-31
FY2020
93.32x$1.27+22.8%
2019-12-31
FY2019
75.98x$1.16+69.6%
2018-12-31
FY2018
44.79x$1.41+54.5%
2017-12-31
FY2017
28.99x$1.72-12.5%
2016-12-31
FY2016
33.11x$0.63+150.4%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Novanta Inc. (NOVT) measures how much investors pay for each dollar of the company's trailing earnings. NOVT's current PE ratio of 122.71x is calculated by dividing its stock price of $163.36 by its TTM earnings per share of $1.33.

PE Ratio = Stock Price ÷ EPS (TTM)
= $163.36 ÷ $1.33 = 122.71x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

NOVT pe ratio · 6 questions

NOVT's current PE ratio is 122.71x as of 2026-06-08, based on a stock price of $163.36 and TTM EPS of $1.33. Data sourced from Financial Modeling Prep via NOVT's SEC 10-K and 10-Q filings.

NOVT PE ratioWhat is NOVT PE ratioCurrent PE ratio of NOVTNOVT PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Novanta Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08