Educational article

NVIDIA valuation guide: read price, P/E, P/B, ROE and more

Learn to read NVIDIA's valuation indicators on FundamentalRadar's US-stock page: price, P/B, ROE, dividend yield, market cap, statements and freshness.

NVIDIA valuation guide: read price, P/E, P/B, ROE and more

FundamentalRadar's English US-stock page for NVIDIA (NVDA) collects public market and fundamental data in one snapshot. This article explains what each indicator represents, where it comes from on the page, and what freshness and validation caveats to inspect before treating a figure as current.

TL;DR

  • Treat every number on the NVDA page as a dated snapshot: price, ratios, and statement columns all refer to specific periods that the source provider labelled.
  • P/E, P/B, ROE and dividend yield are displayed from public feeds; the page also shows when the data was retrieved and whether cross-source validation found divergence.
  • Financial statements appear when the backend delivers them; column headers are the provider's own period labels, not adjusted by FundamentalRadar.

What the NVDA page shows

The US-stock page for NVDA presents a metric grid with the current reference price, P/E, P/B, ROE, 12-month dividend yield, net margin, debt-to-equity, market cap, volume in shares, and sector. It also surfaces recent dividend and distribution records, available financial statements, and a transparency card with source and retrieval timestamps. The page does not calculate these ratios itself; it publishes what the upstream data feed reported, formatted for readability.

The product route is en/us-stocks/NVDA.

Price and market cap

The reference price is shown in USD. Market cap is displayed in compact USD notation and reflects that price multiplied by shares outstanding. Because both change during market hours, each page load represents a specific instant. The page also shows trading volume as a share count, distinct from a currency-denominated liquidity figure.

For deeper context on how market capitalization is derived, see the market cap breakdown.

Valuation ratios: P/E and P/B

Price-to-earnings (P/E) compares the current share price with earnings per share (EPS). See the P/E ratio guide for the full definition. The page shows a trailing P/E from the market-data feed. Using NVIDIA's own filings as a cross-check, fiscal 2026 ended January 25, 2026, with diluted EPS of $4.90 and revenue of $215.938 billion [https://www.sec.gov/Archives/edgar/data/1045810/000104581026000021/nvda-20260125.htm]. At a reference price near $217.55, the FY2026-only P/E is about 44×, while the market-data trailing P/E is lower because it incorporates more recent trailing quarters. Trailing P/E values can vary between providers because each uses a different trailing period and share-count basis [https://stockanalysis.com/stocks/nvda/statistics/].

Price-to-book (P/B) compares market price with book value per share. See the P/B ratio guide for the full definition. Book value per share is total shareholders' equity divided by shares outstanding. NVIDIA's fiscal 2026 balance sheet reported shareholders' equity of $157.293 billion and common shares outstanding of about 24.3 billion, producing roughly $6.47 per share [https://www.sec.gov/Archives/edgar/data/1045810/000104581026000021/nvda-20260125.htm]. Against the same reference price, P/B is approximately 33.6×. These are approximate cross-checks; the page displays the feed's own P/E and P/B values.

Return on equity (ROE)

ROE measures net income relative to average shareholders' equity. See the ROE guide for the full definition and DuPont breakdown. NVIDIA's fiscal 2026 GAAP net income was $120.067 billion. Against the average of fiscal 2026 and fiscal 2025 year-end equity, that produces an ROE near 101.5% [https://www.sec.gov/Archives/edgar/data/1045810/000104581026000021/nvda-20260125.htm]. Such a figure is heavily influenced by profitability and by share repurchases, which reduce the equity base. ROE is best compared with peers in the same sector rather than interpreted in isolation.

Dividend yield and distributions

NVIDIA's quarterly dividend was $0.01 per share on a post-split basis from June 2024 through early 2026 [https://investor.nvidia.com/news/press-release-details/2024/NVIDIA-Announces-Financial-Results-for-Second-Quarter-Fiscal-2025/default.aspx]. In May 2026 the board raised it to $0.25 quarterly, or $1.00 annualized [https://investor.nvidia.com/news/press-release-details/2026/NVIDIA-Announces-Financial-Results-for-First-Quarter-Fiscal-2027/default.aspx]. Against a $217.55 reference price, the resulting dividend yield is approximately 0.46%. For the general meaning and calculation, see the dividend yield guide.

The NVDA page shows a 12-month dividend yield from the data feed and may include a bar chart of recent distributions plus a mini-table of the latest records. When the source returns no recent distributions, the page shows a no-data message instead.

Financial statements

The page includes income statement, balance sheet and cash flow rows when the API delivers them. Columns are labelled with the provider's own fiscal-period headers—such as "FY2026" or "2025"—and FundamentalRadar does not relabel them. The page shows up to four recent periods. If statements are unavailable for the asset, a "not available" state appears. The fiscal period each column covers is keyed in the page's data model, but the reader should still verify the exact start and end dates from the original filing if precision matters.

NVIDIA's fiscal 2026 financial statements were filed in its Form 10-K on February 25, 2026, for the year ended January 25, 2026 [https://www.sec.gov/Archives/edgar/data/1045810/000104581026000021/nvda-20260125.htm]. Revenue was $215.938 billion; the most recent reported quarter, Q1 fiscal 2027, showed revenue of $81.615 billion [https://investor.nvidia.com/news/press-release-details/2026/NVIDIA-Announces-Financial-Results-for-First-Quarter-Fiscal-2027/default.aspx].

Growth and cyclicality without forecasts

NVIDIA's reported revenue grew from $130.497 billion in fiscal 2025 to $215.938 billion in fiscal 2026 [https://investor.nvidia.com/news/press-release-details/2026/NVIDIA-Announces-Financial-Results-for-Fourth-Quarter-and-Fiscal-2026/]. Q1 fiscal 2027, ended April 26, 2026, reported revenue of $81.615 billion, up 85% year over year, with Data Center revenue at $75.2 billion [https://investor.nvidia.com/news/press-release-details/2026/NVIDIA-Announces-Financial-Results-for-First-Quarter-Fiscal-2027/default.aspx]. These are reported figures, not projections. Semiconductor cycles, customer concentration, export restrictions, and infrastructure spending patterns have affected results in prior periods and may affect future periods. Past growth does not ensure future growth.

Data freshness and validation

The transparency card lists the source provider and the retrieval timestamp. A separate snapshot status can be "verified", "divergent", "stale" or "unavailable" [https://www.sec.gov/Archives/edgar/data/1045810/000104581026000021/nvda-20260125.htm]. "Stale" means the backend considers the cached data old; "divergent" means two sources disagreed beyond a configured tolerance, and a warning banner may appear on the page. Reference date and data-as-of fields are also available in the page's payload. Readers who need a specific reporting date should check these timestamps rather than assuming the page is real-time.

How to read the page systematically

  1. Check the price and market cap first, then note the retrieval timestamp.
  2. Read P/E and P/B alongside each other; a high P/B with a moderate P/E can indicate asset-light operations.
  3. Inspect ROE with leverage in mind; buybacks can elevate ROE without proportional earnings growth.
  4. Look at dividend yield as an income signal, not a return promise. NVIDIA's yield is low because price and earnings have risen faster than the dividend.
  5. Verify financial-statement columns against the provider's period labels. "FY2026" on NVIDIA means the year ended January 25, 2026.
  6. Review the snapshot status and source attribution before citing a figure.

Common errors and fixes

ErrorCauseFixSource
Treating P/E as a standalone buy or sell signalRatios change with price and earnings, and they vary by sectorCompare P/E with sector peers and with the company's own historyInvestopedia
Using book value as market valueBook value is an accounting residual, not a liquidation estimateTreat P/B as a rough comparability tool, not a valuation floorInvestopedia
Ignoring share-count changesRepurchases reduce shares outstanding, which can inflate per-share metricsCheck shares outstanding and buyback activity alongside EPS and ROESEC 10-K
Confusing trailing and forward P/EMarket feeds mix TTM and estimated forward earningsConfirm whether the displayed P/E is trailing or forward before comparing periodsStock Analysis
Assuming dividend yield predicts total returnYield is a snapshot of income relative to price, not a return guaranteeUse dividend yield alongside payout sustainability and earnings coverageInvestor Relations

FAQ: NVIDIA valuation and indicators

What is NVDA's trailing P/E on FundamentalRadar? The page displays the trailing P/E reported by its public data feed. Cross-checks with NVIDIA's filings show a FY2026 diluted EPS of $4.90 and reference prices in the $217 range, which implies a fiscal-year P/E around 44×; the feed's trailing figure may differ because it incorporates more recent quarters [https://www.sec.gov/Archives/edgar/data/1045810/000104581026000021/nvda-20260125.htm][https://stockanalysis.com/stocks/nvda/statistics/].

What does P/B mean for NVIDIA? P/B compares the share price with book value per share. Using NVIDIA's fiscal 2026 balance sheet—shareholders' equity of $157.293 billion and roughly 24.3 billion shares outstanding—book value per share was approximately $6.47 [https://www.sec.gov/Archives/edgar/data/1045810/000104581026000021/nvda-20260125.htm]. The page displays the feed's own P/B ratio, which may differ slightly from this manual calculation.

How is ROE calculated? ROE is net income divided by average shareholders' equity. NVIDIA's fiscal 2026 GAAP net income was $120.067 billion [https://www.sec.gov/Archives/edgar/data/1045810/000104581026000021/nvda-20260125.htm]. Using the average of fiscal 2026 and fiscal 2025 year-end equity, ROE is near 101.5%. A high ROE can reflect profitability, leverage, or share repurchases, so it should not be read in isolation [https://investopedia.readthedocs.io/en/latest/invest/Ch5/Chapter569.html?utm_source=openai].

Why is NVIDIA's dividend yield so low? NVIDIA raised its quarterly dividend from $0.01 to $0.25 in May 2026, annualizing to $1.00 per share [https://investor.nvidia.com/news/press-release-details/2026/NVIDIA-Announces-Financial-Results-for-First-Quarter-Fiscal-2027/default.aspx]. Against a reference price near $217.55, the yield is roughly 0.46%. The company's investment case has centred on earnings growth and AI infrastructure demand rather than income.

Are the financial statements audited? The page publishes statements as delivered by its data providers. NVIDIA's fiscal 2026 financial statements in its 10-K are audited, but the page itself does not verify audit opinions [https://www.sec.gov/Archives/edgar/data/1045810/000104581026000021/nvda-20260125.htm]. Check the source and period labels if you need the original filing.

How often is the NVDA page updated? The English US-stock page revalidates on a server-side schedule. Between revalidations, price, ratios, and statements are snapshots. The transparency card shows the retrieval timestamp, and a snapshot status flag indicates whether the backend considers the data current, divergent, or stale.

What should I do if the snapshot status says "divergent"? "Divergent" means the backend's cross-source check found disagreement beyond its tolerance. In that case, review the individual figures carefully and, if precision matters, consult the original provider or filing rather than relying on the page alone.

Does FundamentalRadar recommend buying or selling NVDA? No. FundamentalRadar publishes public indicators for research and education. The page presents data, not investment advice. Any decision to buy, sell, or hold remains the reader's own.

Sources

FundamentalRadar · educational information, not investment advice.