On Semiconductor (ON) Price to Book (2009 - 2026)
On Semiconductor's Price to Book came in at 4.91 for Q2 2026, up 67.8% from 2.92 a year earlier and up 47.4% from the prior quarter.
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Analysis
On Semiconductor (ON) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, On Semiconductor's Price to Book was 2.79, down 7.7% from FY2024.
- Going back by year, Price to Book was 3.03 in FY2024 (-33.7%), 4.57 in FY2023 (+5.2%), 4.34 in FY2022 (-32.0%) and 6.38 in FY2021 (+68.4%).
- The Q2 2026 figure represents the highest quarterly Price to Book since Q3 2023.
- Year-over-year, Price to Book increased in two of the last eight quarters, with an average decline of 2.2%.
- The fastest year-over-year change in Price to Book over five years came in Q1 2026 (growth of 90.3%), and the weakest in Q1 2025 (a decline of 54.9%).
- Business Quant data shows ON's Price to Book at 3.33 (Q1 2026), 2.79 (Q4 2025) and 2.52 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 4.91 |
| Apr 3, 2026 | 3.33 |
| Dec 31, 2025 | 2.79 |
| Oct 3, 2025 | 2.52 |
| Jul 4, 2025 | 2.92 |
| Apr 4, 2025 | 1.75 |
| Dec 31, 2024 | 3.03 |
| Sep 27, 2024 | 3.68 |
| Jun 28, 2024 | 3.51 |
| Mar 29, 2024 | 3.88 |
| Dec 31, 2023 | 4.57 |
| Sep 29, 2023 | 5.33 |
| Jun 30, 2023 | 5.83 |
| Mar 31, 2023 | 5.50 |
| Dec 31, 2022 | 4.34 |
| Sep 30, 2022 | 4.75 |
| Jul 1, 2022 | 3.75 |
| Apr 1, 2022 | 5.16 |
| Dec 31, 2021 | 6.38 |
| Oct 1, 2021 | 4.74 |
API Access
On Semiconductor Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=ON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "ON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();