NovantaNOVT.OValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, Novanta (NOVT.O) trades at a P/E of 79.00x, P/B of 3.02x, P/S of 4.73x, and a dividend yield of 0.00%.
Longitudinal percentile comparison: P/E sits at the 58th percentile over the trailing 10Y window (vs. 38th percentile over 3Y); P/B sits at the 2nd percentile over the trailing 10Y window (vs. 1st percentile over 3Y); P/S sits at the 37th percentile over the trailing 10Y window (vs. 26th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 90th percentile within its industry and the 91st percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 0.81%, ranking at the 98th percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 55.4 points — relying on either metric alone could be misleading. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Shareholder returns here lean heavily on buybacks rather than cash dividends. Novanta operates in the Manufacturing sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NASDAQ: NOVT · NOVT
Want the full picture on whether Novanta (NOVT.O) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 79.00 | ||||||
| P/B (MRQ) | 3.02 | ||||||
| P/S (TTM) | 4.73 | ||||||
| Dividend Yield | 0.00% | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback + Div Yield | 0.81% |