Which has the lower trailing P/E, GME or ONON?

GME has the lower trailing P/E: GME trades at 16.04 and ONON at 20.73. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, GME or ONON?

Over the past five years, ONON grew revenue faster — GME at a -8.66% CAGR versus ONON at 45.59%.

Is GME or ONON more profitable?

GME runs the higher net margin — GME at 25.16% versus ONON at 12.30%.

How have GME and ONON total returns compared?

Over the past 5 years, GME delivered -11.43% and ONON delivered -0.20% annualized total return. Past performance doesn't predict future results.

GameStop Corp. (GME) vs On Holding AG (ONON)

A side-by-side comparison of GameStop Corp. and On Holding AG across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

GME

GameStop Corp.

$11.08B

$24.70Consumer CyclicalDelayed quote: Oct 2, 2026, 4:00 PM EDT

ONON

On Holding AG

$10.28B

$30.85Consumer CyclicalDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — GME vs ONON

growth of $100 · dividends reinvested · last 5y

GME -49.3% (-12.7%/yr)ONON -13.7% (-2.9%/yr)ONON compounded faster over this window

GME ONON

GME vs ONON: by the numbers

•GME is the larger company ($11.08B vs $10.28B market cap).
•GME trades at the lower trailing earnings multiple (16.04 vs 20.73 P/E), one valuation lens rather than an overall verdict.
•GME converts more revenue to profit (25.16% vs 12.30% net margin).
•ONON grew revenue faster over the past five years (45.59% vs -8.66% CAGR).

Metrics side by side

Valuation

Metric	GME	ONON
P/E ratio	16.04	20.73
Forward P/E	13.72	N/A
P/S ratio	3.12	2.54
P/B ratio	1.80	4.35
EV / EBITDA	20.79	13.49
FCF yield	6.21%	5.15%

Profitability

Metric	GME	ONON
Gross margin	37.89%	64.82%
Operating margin	13.79%	13.78%
Net margin	25.16%	12.30%
ROE	14.55%	21.08%
ROIC	3.84%	17.09%

Growth (annualized)

Metric	GME	ONON
Revenue CAGR (5Y)	-8.66%	45.59%
Total return CAGR (5Y)	-11.43%	-0.20%

Frequently asked

Which has the lower trailing P/E, GME or ONON?: GME has the lower trailing P/E: GME trades at 16.04 and ONON at 20.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, GME or ONON?: Over the past five years, ONON grew revenue faster — GME at a -8.66% CAGR versus ONON at 45.59%.
Is GME or ONON more profitable?: GME runs the higher net margin — GME at 25.16% versus ONON at 12.30%.
How have GME and ONON total returns compared?: Over the past 5 years, GME delivered -11.43% and ONON delivered -0.20% annualized total return. Past performance doesn't predict future results.

Go deeper

Full GME analysis Full ONON analysis Interactive comparison tool

Dig into the metrics

GameStop P/E ratio On Holding AG P/E ratio GameStop ROE On Holding AG ROE GameStop operating margin On Holding AG operating margin GameStop revenue growth On Holding AG revenue growth GameStop free cash flow On Holding AG free cash flow

GameStop & On Holding AG appear in these rankings

Fastest Revenue Growth 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 October 2, 2026.