ON Semiconductor Corporation
ON Semiconductor Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.0 billion, down 15.3% from fiscal 2024. In the quarter to June 2026, revenue grew 9.18%, EPS grew 41.5%, free cash flow grew 284.6% and total debt rose 32.8%, each against the same quarter a year earlier. Member of the S&P 500.
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ON Semiconductor Corporation (ON) P/B ratio
As of 16 October 2026, ON Semiconductor Corporation (ON) trades at a P/B ratio of 3.9×. Over the past ten years it has ranged from 1.0× (March 2020) to 7.3× (December 2021); the current reading is higher than 67% of that period. That is below the Semiconductors industry median of 4.9× and above the Technology sector median of 2.7×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.9× | (5.36%) |
| FY2024 | 3.1× | (32.02%) |
| FY2023 | 4.5× | 4.59% |
| FY2022 | 4.3× | (31.52%) |
| FY2021 | 6.3× | 66.22% |
| FY2020 | 3.8× | 25.36% |
| FY2019 | 3.0× | 37.57% |
| FY2018 | 2.2× | (33.32%) |
| FY2017 | 3.3× | 15.03% |
| FY2016 | 2.9× | 12.90% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 5.1× | 52.93% |
| Mar 2026 | 3.3× | 15.20% |
| Dec 2025 | 2.9× | 14.30% |
| Sep 2025 | 2.5× | (7.25%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| SWKS Skyworks Solutions, Inc. compare | 2.1× |
| GFS GlobalFoundries Inc. compare | 2.2× |
| STM STMicroelectronics N.V. compare | 2.2× |
| ON ON Semiconductor Corporation | 3.9× |
| MCHP Microchip Technology Incorporated compare | 6.2× |
| TSEM Tower Semiconductor Ltd. compare | 7.2× |
| CRDO Credo Technology Group Holding Ltd. compare | 11.6× |
| MTSI MACOM Technology Solutions Holdings, Inc. compare | 13.0× |
| ALAB Astera Labs, Inc. compare | 28.5× |
| Semiconductors industry median | 4.9× |
| Technology sector median | 2.7× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on ON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement