ON Semiconductor Corporation ON NASDAQ

ON Semiconductor Corporation (ON) trades at a trailing P/E of 226.6, forward P/E of 24.7. Trailing earnings yield is 0.44%, forward earnings yield 4.06%. PEG 0.03 (Peter Lynch undervalued ≤1.0). Graham Number is $11.42.

Criteria proven by this page:

• VALUE (14/100, Fail) — trailing P/E is well above the S&P 500 average of ~25, suggesting a premium valuation (P/E 226.6); trailing earnings yield is below the 10-year Treasury yield (~4.3%), meaning bonds offer a better return (EY 0.44%); analyst consensus target implies downside from the current price ($62.40, 13.4%).
• Forward P/E 24.7 (down from trailing 226.6) — analysts expect earnings to grow, which would improve the valuation.
• PEG Ratio 0.03 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
• Trailing Earnings Yield 0.44% — below bond yields — investors are paying a premium for expected growth rather than current earnings. Forward yield improves to 4.06% as earnings recover.
• Analyst consensus target $62.40 (-13.4% downside) — slight downside risk — the market may be ahead of analyst expectations.

Overall SharesGrow Score: 47/100 with 2/7 criteria passed.