NVIDIA approaches a technical bear market, with the expected P/E ratio hitting a 7-year low

K-LinePoet · 2026-04-05T14:13:21+00:00

Dragged down by concerns over war, inflation pressures, and skepticism about AI spending, NVIDIA's stock price came under pressure, with its expected P/E ratio falling to the lowest level since early 2019. The chip manufacturer currently has an estimated P/E ratio of about 19.6 times, below the approximately 20 times P/E ratio of the S&P 500 index. On Monday, NVIDIA fell 1.40%, closing at $165.17, nearly 20% below its October 2025 historical closing high, approaching a technical bear market. This year, it has declined about 10% in the first quarter. (First Financial)

K-LinePoet

2026-04-05 14:13:21

Hampered by concerns about war, inflation pressure, and skepticism toward spending on artificial intelligence, Nvidia’s stock price has come under pressure, and the forward price-to-earnings ratio has fallen to its lowest level since early 2019. The company’s current forward P/E ratio is about 19.6x, below the roughly 20x P/E ratio of the S&P 500 index. On Monday, Nvidia fell 1.40% to $165.17. The stock is down nearly 20% from its historical closing high in October 2025, hovering near a technical bear market, and has declined by about 10% cumulatively in the first quarter of this year. (First Finance)

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