Novanta Inc.
NOVT

$6.28 B
Marketcap
$175.00
Share price
Country
$3.16
Change (1 day)
$187.12
Year High
$111.20
Year Low

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company's Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. It's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. In addition, its Precision Motion segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.

marketcap

P/E ratio for Novanta Inc. (NOVT)

P/E ratio as of 2023: 82.83

According to Novanta Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 82.83. At the end of 2022 the company had a P/E ratio of 65.41.

P/E ratio history for Novanta Inc. from 1998 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 82.83
2022 65.41
2021 124.01
2020 93.32
2019 75.98
2018 44.79
2017 28.99
2016 33.11
2015 13.22
2014 -20.85
2013 52.40
2012 14.97
2011 11.82
2010 -365.03
2009 -0.67
2008 -0.12
2007 20.55
2006 18.67
2005 9.55
2004 1.70
2003 -90.14
2002 -8.84
2001 -23.25
2000 6.73
1999 -7.65
1998 -11.34