NVE Corporation
NVEC

$380.36 M
Marketcap
$78.69
Share price
Country
$0.72
Change (1 day)
$90.24
Year High
$64.14
Year Low
Categories

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

marketcap

P/E ratio for NVE Corporation (NVEC)

P/E ratio as of 2024: 25.11

According to NVE Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.11. At the end of 2023 the company had a P/E ratio of 17.67.

P/E ratio history for NVE Corporation from 1996 to 2024

PE ratio at the end of each year

Year P/E ratio
2024 25.11
2023 17.67
2022 18.15
2021 28.98
2020 17.36
2019 32.95
2018 28.92
2017 30.92
2016 22.31
2015 23.29
2014 24.85
2013 22.46
2012 22.34
2011 19.94
2010 17.72
2009 13.72
2008 15.93
2007 26.36
2006 40.82
2005 48.81
2004 97.20
2003 44.90
2002 -16.29
2001 165.53
2000 1.43
1999 10.52
1998 -2.55
1997 -1.72
1996 11.49