2026-11-12 23:29:18
NVDA's Forward P/E Falls to 12x, 14-Year Low, as Stock Declines 30% From Record High
According to BIT stock platform data, NVDA's forward price-to-earnings ratio fell to approximately 12x on November 13, marking the lowest level since 2012. The stock has declined over 30% from its October 6 record high, with shares falling more than 4% on Thursday and declining around 11% this week.