Novanta Inc (NOVT) valuation
Novanta P/E ratio history
Novanta trades at 92.8 times its earnings over the last twelve months and 36.1 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 33.3 (year to Dec 2016) to 125.1 (year to Dec 2021), with a median of 81.0.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $118.99 | $1.47 | 81.0 | 33.5 |
| Dec 31, 2024 | $152.77 | $1.77 | 86.3 | 42.5 |
| Dec 31, 2023 | $168.41 | $2.02 | 83.4 | — |
| Dec 31, 2022 | $135.87 | $2.06 | 66.0 | 39.7 |
| Dec 31, 2021 | $176.33 | $1.41 | 125.1 | 62.5 |
| Dec 31, 2020 | $118.22 | $1.25 | 94.6 | — |
| Dec 31, 2019 | $88.44 | $1.15 | 76.9 | — |
| Dec 31, 2018 | $63.00 | $1.43 | 44.1 | — |
| Dec 31, 2017 | $50.00 | — | n/m | — |
| Dec 31, 2016 | $21.00 | $0.63 | 33.3 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Novanta valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| NovantaNOVT | $5.19B | 92.8 | 36.1 | 5.0 |
| Applied DigitalAPLD | $5.19B | — | — | 6.1 |
| Insight EnterprisesNSIT | $5.22B | 25.7 | 13.4 | 0.6 |
| BrazeBRZE | $5.15B | — | 56.4 | 6.2 |
| CamtekCAMT | $5.37B | 179.5 | 26.8 | 10.6 |
| ImpinjPI | $5.49B | — | 65.8 | 14.2 |
| Applied OptoelectronicsAAOI | $5.54B | — | 26.2 | 9.3 |
| PlexusPLXS | $5.56B | 30.7 | 20.1 | 1.2 |
| TenableTENB | $5.60B | — | 21.3 | 5.4 |
| Peer median | 30.7 | 26.2 | 6.1 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: NOVT financials · NOVT returns
No forecast, no recommendation. This page describes Novanta Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.