Which has the lower trailing P/E, CRDO or ON?

ON has the lower trailing P/E: CRDO trades at 58.80 and ON at 46.37. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CRDO or ON?

Over the past five years, CRDO grew revenue faster — CRDO at a 93.62% CAGR versus ON at 2.67%.

Is CRDO or ON more profitable?

CRDO runs the higher net margin — CRDO at 33.83% versus ON at 10.17%.

Credo Technology Group Holding Ltd (CRDO) vs ON Semiconductor Corporation (ON)

A side-by-side comparison of Credo Technology Group Holding Ltd and ON Semiconductor Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.

CRDO

Credo Technology Group Holding Ltd

$30.61B

$164.17TechnologyDelayed quote: Sep 3, 2026, 4:00 PM EDT

ON Semiconductor Corporation

$28.67B

$73.65TechnologyDelayed quote: Sep 3, 2026, 4:00 PM EDT

Total return — CRDO vs ON

growth of $100 · dividends reinvested · last 5y

CRDO +1318.2% (+70.0%/yr)ON +30.7% (+5.5%/yr)CRDO compounded faster over this window

Log scale — wide-divergence pair

CRDO ON

CRDO vs ON: by the numbers

•CRDO is the larger company ($30.61B vs $28.67B market cap).
•ON trades at the lower trailing earnings multiple (46.37 vs 58.80 P/E), one valuation lens rather than an overall verdict.
•CRDO converts more revenue to profit (33.83% vs 10.17% net margin).
•CRDO grew revenue faster over the past five years (93.62% vs 2.67% CAGR).

Metrics side by side

Valuation

Metric	CRDO	ON
P/E ratio	58.80	46.37
Forward P/E	49.99	22.61
P/S ratio	20.18	4.72
P/B ratio	11.77	4.05
EV / EBITDA	59.25	24.46
FCF yield	1.28%	6.06%

Profitability

Metric	CRDO	ON
Gross margin	67.07%	37.45%
Operating margin	31.74%	11.66%
Net margin	33.83%	10.17%
ROE	19.73%	8.73%
ROIC	17.90%	5.23%

Growth (annualized)

Metric	CRDO	ON
Revenue CAGR (5Y)	93.62%	2.67%
EPS CAGR (5Y)	129.03%	-12.64%
FCF CAGR (5Y)	N/A	17.01%
Total return CAGR (5Y)	N/A	9.77%

Frequently asked

Which has the lower trailing P/E, CRDO or ON?: ON has the lower trailing P/E: CRDO trades at 58.80 and ON at 46.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CRDO or ON?: Over the past five years, CRDO grew revenue faster — CRDO at a 93.62% CAGR versus ON at 2.67%.
Is CRDO or ON more profitable?: CRDO runs the higher net margin — CRDO at 33.83% versus ON at 10.17%.

Go deeper

Full CRDO analysis Full ON analysis Interactive comparison tool

Dig into the metrics

Credo Technology Group P/E ratio ON Semiconductor P/E ratio Credo Technology Group ROE ON Semiconductor ROE Credo Technology Group operating margin ON Semiconductor operating margin Credo Technology Group revenue growth ON Semiconductor revenue growth Credo Technology Group free cash flow ON Semiconductor free cash flow

Credo Technology Group & ON Semiconductor appear in these rankings

Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 3, 2026.