NVIDIA Key Financial Ratios: P/E, PEG, ROE, P/B & Debt-to-Equity

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Mavefund

Published December 10, 2024 · Updated July 31, 2026

NVIDIA Key Financial Ratios: P/E, PEG, ROE, P/B & Debt-to-Equity featured image

Updated July 31, 2026 · Validated stored data and evergreen methodology

What are NVIDIA's key financial ratios?

NVIDIA investors commonly review revenue growth, gross and operating margins, liquidity, debt-to-equity, return on equity, diluted EPS growth, P/E, PEG, P/B, and free-cash-flow yield. Each ratio answers a different question, and no single value establishes whether a stock is attractive.

Filing-based ratios change when NVIDIA reports results, while market-price ratios can change every trading day. Use the formulas below with one consistent reporting period, then compare the result with NVIDIA's own history and relevant semiconductor peers.

Point-in-time research snapshot

Latest validated NVIDIA ratios

Fundamentals through Jan 31, 2026 · Price through Aug 14, 2026

Return on equity (ROE) 101.5% Jan 31, 2026 · Stored provider ratio; review leverage and buybacks.
Debt-to-equity 0.06x Jan 31, 2026 · Short- and long-term debt divided by shareholders' equity.
Current ratio 3.91x Jan 31, 2026 · Current assets divided by current liabilities.
Gross margin 71.1% Jan 31, 2026 · Reported gross profit as a percentage of revenue.
Operating margin 60.4% Jan 31, 2026 · Reported operating income as a percentage of revenue.
Net margin 55.6% Jan 31, 2026 · Reported net income as a percentage of revenue.
One-year revenue growth 65.5% Jan 31, 2026 · Year-over-year change for the latest stored annual period.
One-year diluted EPS growth 66.7% Jan 31, 2026 · Year-over-year diluted EPS change for the latest stored annual period.

Price-sensitive valuation checks

Trailing P/E 46.11x Price on Aug 14, 2026 divided by diluted EPS for Jan 31, 2026.
Price-to-book (P/B) 34.92x Price on Aug 14, 2026 divided by book value per share for Jan 31, 2026.
Free-cash-flow yield 1.8% Free cash flow per share for Jan 31, 2026 divided by price on Aug 14, 2026.

Values appear only when Mavefund's stored annual totals pass reconciliation checks. Market-derived ratios combine the shown price date with the shown reporting period. PEG is not calculated here because it depends on forward EPS-growth assumptions.

10 NVIDIA ratio checks and how to interpret them

Ratio Formula What to review
1. Revenue growth (Current-period revenue ÷ prior-period revenue) − 1 Compare year-over-year annual and quarterly growth. Check whether a weak or unusually strong comparison period distorts the rate.
2. Gross margin (Revenue − cost of revenue) ÷ revenue Review product mix, pricing, manufacturing costs, inventory charges, and whether margin changes appear durable.
3. Operating margin Operating income ÷ revenue Shows profitability after operating expenses such as research and development. Compare GAAP figures on a consistent basis.
4. Net profit margin Net income ÷ revenue Check tax, interest, investment gains or losses, and other items that can separate net margin from operating performance.
5. Current ratio Current assets ÷ current liabilities Provides short-term liquidity context. Inspect the composition of receivables, inventory, cash, and upcoming obligations.
6. Debt-to-equity Interest-bearing debt ÷ shareholders' equity Confirm the definition: some sources use total liabilities instead of debt. Buybacks and accumulated earnings can also change equity materially.
7. Return on equity (ROE) Net income ÷ average shareholders' equity Measures profit relative to equity, but leverage and share repurchases can lift ROE without improving the underlying business.
8. Diluted EPS growth (Current diluted EPS ÷ prior diluted EPS) − 1 Use diluted shares and check stock-based compensation, repurchases, one-time items, and whether net income growth matches per-share growth.
9. P/E and PEG P/E = share price ÷ diluted EPS; PEG = P/E ÷ expected annual EPS growth stated as a whole percentage Separate trailing from forward inputs. PEG depends on uncertain growth estimates and becomes unreliable when earnings or expected growth are near zero.
10. P/B and free-cash-flow yield P/B = market value ÷ book equity; FCF yield = free cash flow ÷ market value P/B can be less informative for asset-light businesses. For FCF, review capital expenditure needs, working capital, and stock-based compensation.

How to compare NVIDIA ratios

  1. Choose annual, quarterly, trailing, or forward inputs and keep the period consistent.
  2. Compare several years to distinguish a trend from one unusually strong or weak period.
  3. Compare with semiconductor peers that have a reasonably similar business mix.
  4. Read filing notes for accounting changes, customer concentration, commitments, and contingencies.
  5. Recalculate market-price ratios with the same price date before comparing providers.

NVIDIA-specific risk checks

  • Demand concentration across data-center customers and large cloud buyers.
  • Semiconductor supply, packaging capacity, inventory, and product-transition timing.
  • Export controls, geographic exposure, competition, and customer-built accelerators.
  • Whether revenue growth, margins, and cash conversion move together over time.
  • How much valuation already assumes continued AI infrastructure growth.

NVIDIA financial ratio questions

What is NVIDIA's latest return on equity?

The validated snapshot above shows the latest stored annual ROE when reconciled data is available. ROE is net income divided by average shareholders' equity; review it alongside leverage, repurchases, margins, and cash generation.

How is NVIDIA's debt-to-equity ratio calculated?

This guide divides short- and long-term interest-bearing debt by shareholders' equity. Some providers use total liabilities instead, so confirm the definition before comparing results.

What is a good P/E ratio for NVIDIA?

There is no universal threshold. A useful review compares trailing and forward P/E with NVIDIA's own history, expected growth, cash generation, business risk, and peers using the same date and earnings definition.

Is a high NVIDIA ROE always positive?

No. Strong profitability can raise ROE, but a smaller equity base, leverage, or share repurchases can also increase it. Review ROE alongside margins, cash flow, and the balance sheet.

Why do NVIDIA ratios differ between websites?

Providers may use different fiscal periods, price timestamps, debt definitions, share counts, analyst estimates, and adjusted figures. Compare the underlying inputs before comparing the resulting ratios.

Source and methodology

Use NVIDIA's SEC filings for reported financial inputs and a clearly dated market price for valuation ratios. Mavefund's NVIDIA research page organizes company statements, ratio history, model context, and risk checks for further review. This guide explains methodology and does not provide personalized financial advice.

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