Novanta Inc.
NOVT
Rank in Stocks
#3293
Operating globally, Novanta Inc. and its affiliated companies specialize in the... Operating globally, Novanta Inc. and its affiliated companies specialize in the development, production, and distribution of advanced photonics, vision, and precision motion components and sub-assemblies. These highly engineered solutions are supplied to Original Equipment Manufacturers (OEMs) across the medical and industrial sectors. Within its Photonics division, Novanta provides a suite of laser-driven technologies. These encompass systems for laser scanning, beam manipulation, and various laser types such as CO2, solid-state, ultrafast, and optical light engines. Their applications span critical areas like industrial manufacturing, precision measurement (metrology), advanced imaging in healthcare and biological research, DNA sequencing, and specialized medical laser treatments. The Vision segment delivers an array of medical-grade innovations. This portfolio comprises instruments like medical insufflators, pumps, and their associated consumables, alongside comprehensive visualization tools. It also features wireless communication systems, video recording devices, and integration platforms designed for operating theaters. Further offerings include optical data acquisition, machine vision systems, radio frequency identification (RFID) solutions, thermal recording devices, spectrometry equipment, and integrated touchscreen displays. Furthermore, the Precision Motion division specializes in supplying components such as optical and inductive encoders, high-precision motors, servo drives, and complete motion control systems. This segment also delivers integrated stepper motors, sophisticated robotic end-effectors, air bearings, and air bearing spindles. Novanta distributes its extensive product lines through various channels, including its dedicated direct sales team, value-added resellers, distribution partners, and system integrators. These offerings are available under well-known brand names such as Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind. Founded in 1968, the company operated as GSI Group, Inc. until its rebranding to Novanta Inc. in May 2016. Its corporate headquarters are located in Bedford, Massachusetts.
Share Price
$139.98
Last synced: 2026-10-21
Market Cap
$5.29B
Change (1 day)
3.24%
Change (1 year)
20.18%
Country
US
Trade Novanta Inc. (NOVT)
Category
Technology
P/E ratio for Novanta Inc. (NOVT)
P/E ratio as of 2026 TTM: 0
According to Novanta Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for Novanta Inc. from 2001 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2025 | 80.95 | -5.54% |
| 2024 | 85.70 | 3.46% |
| 2023 | 82.83 | 26.62% |
| 2022 | 65.41 | -47.25% |
| 2021 | 124.01 | 32.88% |
| 2020 | 93.32 | 22.82% |
| 2019 | 75.98 | 69.65% |
| 2018 | 44.79 | 54.50% |
| 2017 | 28.99 | -12.45% |
| 2016 | 33.11 | 150.40% |
| 2015 | 13.22 | -163.42% |
| 2014 | -20.85 | -139.79% |
| 2013 | 52.40 | 250.01% |
| 2012 | 14.97 | 26.63% |
| 2011 | 11.82 | -103.24% |
| 2010 | -365.03 | 62,577.39% |
| 2009 | -0.58 | 382.92% |
| 2008 | -0.12 | -100.47% |
| 2007 | 25.83 | 38.34% |
| 2006 | 18.67 | 95.49% |
| 2005 | 9.55 | 463.27% |
| 2004 | 1.70 | -101.88% |
| 2003 | -90.14 | 919.23% |
| 2002 | -8.84 | -61.97% |
| 2001 | -23.25 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 37.71 | - |
US
|
|
| 14.94 | - |
JP
|
|
| 49.65 | - |
TW
|
|
| 63.76 | - |
US
|
|
| 16.11 | - |
TW
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.