ON Semiconductor (BSP:O2NS34) Shiller PE Ratio: 30.54 (As of Sep. 04, 2026) — 36% Below Median

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BSP:O2NS34 ON Semiconductor Corp BSP:O2NS34
56 GF Score
Price R$47.33
GF Value R$39.57
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is ON Semiconductor Shiller PE Ratio?

ON Semiconductor BSP:O2NS34 +1.24% 56 Shiller PE Ratio is 30.54 as of Sep. 04, 2026, which is 36% below its 10-year median of 48.03. GuruFocus rates BSP:O2NS34 with a GF Score™ of 56/100 and a GF Value™ of R$39.57 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 543 Semiconductors companies, ON Semiconductor ranks better than 60.04% on this metric.

As of today (2026-09-04), ON Semiconductor's current share price is R$47.33. ON Semiconductor's E10 for the quarter that ended in Jun. 2026 was R$1.55. ON Semiconductor's Shiller PE Ratio for today is 30.54.

The historical rank and industry rank for ON Semiconductor's Shiller PE Ratio or its related term are showing as below:

BSP:O2NS34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.6   Med: 48.03   Max: 108.25
Current: 30.94

During the past years, ON Semiconductor's highest Shiller PE Ratio was 108.25. The lowest was 15.60. And the median was 48.03.

BSP:O2NS34's Shiller PE Ratio is ranked better than
60.04% of 543 companies
in the Semiconductors industry
Industry Median: 41.34 vs BSP:O2NS34: 30.94

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

ON Semiconductor's adjusted earnings per share data for the three months ended in Jun. 2026 was R$2.869. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ON Semiconductor  (BSP:O2NS34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


ON Semiconductor Shiller PE Ratio Related Terms


ON Semiconductor Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for ON Semiconductor's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ON Semiconductor Shiller PE Ratio Chart

ON Semiconductor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.00 44.35 44.03 27.92 23.71

ON Semiconductor Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.84 21.80 23.71 26.84 39.71

BSP:O2NS34 vs GFS, MTSI, MCHP: Shiller PE Ratio Comparison

For the Semiconductors subindustry, ON Semiconductor's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ON Semiconductor Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ON Semiconductor's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ON Semiconductor's Shiller PE Ratio falls into.


BSP:O2NS34
56GF Score
ON Semiconductor Corp BSP:O2NS34
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ON Semiconductor Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

ON Semiconductor's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=47.33/1.55
=30.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ON Semiconductor's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, ON Semiconductor's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.869/333.9520*333.9520
=2.869

Current CPI (Jun. 2026) = 333.9520.

ON Semiconductor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.065 241.428 0.090
201612 0.872 241.432 1.206
201703 0.563 243.801 0.771
201706 0.725 244.955 0.988
201709 0.783 246.819 1.059
201712 4.020 246.524 5.446
201803 1.016 249.554 1.360
201806 1.320 251.989 1.749
201809 1.561 252.439 2.065
201812 1.515 251.233 2.014
201903 1.037 254.202 1.362
201906 0.925 256.143 1.206
201909 -0.618 256.759 -0.804
201912 0.575 256.974 0.747
202003 -0.147 258.115 -0.190
202006 -0.018 257.797 -0.023
202009 2.052 260.280 2.633
202012 1.080 260.474 1.385
202103 1.127 264.877 1.421
202106 2.112 271.696 2.596
202109 3.695 274.310 4.498
202112 5.429 278.802 6.503
202203 5.872 287.504 6.821
202206 5.149 296.311 5.803
202209 3.671 296.808 4.130
202212 7.081 296.797 7.967
202303 5.365 301.836 5.936
202306 6.261 305.109 6.853
202309 6.371 307.789 6.913
202312 6.272 306.746 6.828
202403 5.179 312.332 5.537
202406 4.201 314.175 4.465
202409 5.150 315.301 5.455
202412 5.369 315.605 5.681
202503 -6.622 319.799 -6.915
202506 2.274 322.561 2.354
202509 3.379 324.800 3.474
202512 2.455 324.054 2.530
202603 -0.418 330.213 -0.423
202606 2.869 333.952 2.869

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 30.54 mean?
ON Semiconductor (BSP:O2NS34) has a Shiller PE Ratio of 30.54 as of Sep. 04, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ON Semiconductor and its competitors. This is 36% below median its historical median of 48.03. Over the past decade, ON Semiconductor's Shiller PE Ratio has ranged from 15.60 to 108.25. According to the industry distribution chart, ON Semiconductor ranks #217 out of 543 companies in the Semiconductors industry, placing it in the top 40%.
Is ON Semiconductor's Shiller PE Ratio too high?
ON Semiconductor's current Shiller PE Ratio of 30.54 is 36% below median its 10-year median of 48.03. Over the past 10 years, this metric has ranged from a low of 15.60 to a high of 108.25. The Semiconductors industry median Shiller PE Ratio is 41.34. ON Semiconductor's value of 30.54 is 26.1% below this industry median. Based on the distribution chart, ON Semiconductor ranks #217 out of 543 companies in the Semiconductors industry, which is above the industry midpoint. Overall, ON Semiconductor has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ON Semiconductor's Shiller PE Ratio compare to GFS and MTSI?
According to the Semiconductors industry distribution chart, ON Semiconductor ranks #217 out of 543 companies for Shiller PE Ratio. This puts ON Semiconductor in the upper half of its industry. The industry median Shiller PE Ratio is 41.34. ON Semiconductor's value of 30.54 is 26.1% below this benchmark. Historically, ON Semiconductor's own Shiller PE Ratio has ranged from 15.60 to 108.25 over the past decade. While the company's 10-year median is 48.03 vs. the industry median of 41.34, ON Semiconductor has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Semiconductors company?
The median Shiller PE Ratio among Semiconductors companies is 41.34, based on 543 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ON Semiconductor's current Shiller PE Ratio of 30.54 is 26.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ON Semiconductor and its competitors. For the Semiconductors industry, the median Shiller PE Ratio is 41.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ON Semiconductor's current Shiller PE Ratio is 30.54, which is 36% below median its own 10-year median of 48.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ON Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, ON Semiconductor (BSP:O2NS34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$39.57, compared to a current price of R$47.33 — trading 19.6% above its estimated fair value. The current Shiller PE Ratio is 30.54, which is 36% below median its 10-year median of 48.03 and 26.1% below the Semiconductors industry median of 41.34. ON Semiconductor's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For ON Semiconductor (BSP:O2NS34), the current Shiller PE Ratio is 30.54 as of Sep. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ON Semiconductor (BSP:O2NS34) Overvalued in 2026?

Based on GuruFocus' analysis, ON Semiconductor stock appears to be overvalued. The current stock price of R$47.33 is trading 19.6% above its estimated GF Value™ of R$39.57. GuruFocus considers ON Semiconductor to be Modestly Overvalued.

Key valuation signals for BSP:O2NS34:

  • Shiller PE Ratio: 30.54 (36% below median its 10-year median of 48.03)
  • GF Value™: R$39.57 vs. price of R$47.33 (19.6% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 26.1% below the Semiconductors median (#217 of 543)

No single metric tells the full story. See the BSP:O2NS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ON Semiconductor Business Description

Address 5701 North Pima Road, Scottsdale, AZ, USA, 85250
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 image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
56GF Score

Get the complete analysis for BSP:O2NS34

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$47.33
Price
R$39.57
GF Value