$NVIDIA Corp(NVDA)$On the valuation side, Nvidia still has a "best-in-class" premium over its smaller competitors. In terms of expected P/E ratio, NVIDIA still has a value of 30x, compared to its rival $AMD(AMD)$with an expected P/E ratio of 22x, while other competitors also have relatively low expected P/E ratios, with $Texas Instruments(TXN)$at 19x, $Intel(INTC)$at 12x.
Currently, the 1-year valuation of NVIDIA stock is significantly below the mean level and is in the region of the lowest 1-year level. Some analysts believe this suggests that if the latest results and earnings guidance can equal or even exceed market expectations, then this would be an excellent time for long-term investors to buy the company's stock at a reasonable valuation.
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