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ON SemiconductorXSWX:ON -1.12%85 Shiller PE Ratio is 35.71 as of Aug. 17, 2026, which is 26% below its 10-year median of 48.08. GuruFocus rates XSWX:ON with a GF Score™ of 85/100 and a GF Value™ of CHF49.72. The stock has 3 warning signs investors should review. Among 539 Semiconductors companies, ON Semiconductor ranks better than 57.51% on this metric.
As of today (2026-08-17), ON Semiconductor's current share price is CHF67.13. ON Semiconductor's E10 for the quarter that ended in Jun. 2026 was CHF1.88. ON Semiconductor's Shiller PE Ratio for today is 35.71.
The historical rank and industry rank for ON Semiconductor's Shiller PE Ratio or its related term are showing as below:
XSWX:ON'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.6 Med: 48.08 Max: 108.25
Current: 34.72
During the past years, ON Semiconductor's highest Shiller PE Ratio was 108.25. The lowest was 15.60. And the median was 48.08.
XSWX:ON's Shiller PE Ratio is ranked better than 57.51% of 539
companies
in the Semiconductors industry
Industry Median: 43.14
vs XSWX:ON: 34.72
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 CHF0.448. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF1.88 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
ON Semiconductor (XSWX:ON) 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.
XSWX:ON vs GFS, CRDO, 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.
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.
* 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:
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.
ON Semiconductor (XSWX:ON) has a Shiller PE Ratio of 35.71 as of Aug. 17, 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 26% below median its historical median of 48.08. 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 #229 out of 539 companies in the Semiconductors industry, placing it in the top 42.5%.
Is ON Semiconductor's Shiller PE Ratio too high?
ON Semiconductor's current Shiller PE Ratio of 35.71 is 26% below median its 10-year median of 48.08. 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 43.14. ON Semiconductor's value of 35.71 is 17.2% below this industry median. Based on the distribution chart, ON Semiconductor ranks #229 out of 539 companies in the Semiconductors industry, which is above the industry midpoint. Overall, ON Semiconductor has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does ON Semiconductor's Shiller PE Ratio compare to GFS and CRDO?
According to the Semiconductors industry distribution chart, ON Semiconductor ranks #229 out of 539 companies for Shiller PE Ratio. This puts ON Semiconductor in the upper half of its industry. The industry median Shiller PE Ratio is 43.14. ON Semiconductor's value of 35.71 is 17.2% 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 48.08 vs. the industry median of 43.14, 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 43.14, based on 539 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 35.71 is 17.2% 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 43.14 — 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 35.71, which is 26% below median its own 10-year median of 48.08. 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?
ON Semiconductor (XSWX:ON) has a current Shiller PE Ratio of 35.71. The stock's GF Value™ is CHF49.72, compared to a current price of CHF67.13 — trading 35% above its estimated fair value. The current Shiller PE Ratio is 35.71, which is 26% below median its 10-year median of 48.08 and 17.2% below the Semiconductors industry median of 43.14. ON Semiconductor's overall GF Score™ is 85/100 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 (XSWX:ON), the current Shiller PE Ratio is 35.71 as of Aug. 17, 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 (XSWX:ON) Overvalued in 2026?
Based on GuruFocus' analysis, ON Semiconductor stock appears to be overvalued.
The current stock price of CHF67.13 is trading 35% above its estimated GF Value™ of CHF49.72.
Key valuation signals for XSWX:ON:
Shiller PE Ratio: 35.71 (26% below median its 10-year median of 48.08)
GF Value™: CHF49.72 vs. price of CHF67.13 (35% above fair value)
Industry Position: 17.2% below the Semiconductors median (#229 of 539)
No single metric tells the full story. See the XSWX:ON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
85GF Score
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