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On Holding AG - Ordinary Shares Class A

On Holding AG P/E Ratio

On Holding AG (ONON) has a P/E ratio of 19.45, below the Consumer Discretionary sector average of 51.44.

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P/E Ratio

19.45

P/E Ratio

19.45

The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.

P/E Ratio (Comparison Companies)

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P/E Ratio History

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P/E Ratio Comparison

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On Holding AG (ONON) FAQ

On Holding AG (ONON) currently reports a P/E ratio of 19.45. That is below the Consumer Discretionary sector average of 51.44. Use the charts on this page to explore On Holding AG's P/E ratio history and peer comparisons.

On Holding AG's P/E ratio of 19.45 is lower than the Consumer Discretionary sector average of 51.44. That is roughly 62.2% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

The P/E ratio is a valuation multiple that relates On Holding AG's market price to a fundamental measure such as earnings, sales, or book value. At 19.45, ONON can look expensive or cheap only in context — versus its own history, growth rate, and Consumer Discretionary peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.

Start with the current P/E ratio of 19.45, then check the historical chart for trend and the peer comparison chart for relative positioning. The Consumer Discretionary average is 51.44. From there, open related valuation or income-statement pages for On Holding AG, and consider following ONON for alerts when major investors trade the stock.

On Holding AG is classified in the Consumer Discretionary sector. On P/E ratio, it currently shows 19.45 versus a sector average near 51.44. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Consumer Discretionary are usually more informative than comparing ONON with unrelated industries.