{
  "id": 19739381,
  "title": "Nvidia’s Forward P/E Hits 14-Year Low as Huang’s Exit Sends Shares Tumbling",
  "url": "https://urgent.news/2026/11/13/nvidias-forward-p-e-hits-14-year-low-as-huangs-exit-sends-shares",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-13T01:50:51.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=281207"
  },
  "original_language": "en",
  "account": "Nvidia's forward price-to-earnings (P/E) ratio has plummeted to 12 times, marking its lowest level in 14 years. This decline coincides with a sharp drop in the company's share price following CEO Jensen Huang's sudden resignation. The P/E ratio is determined using projected earnings per share (EPS), as opposed to historical earnings. On November 12, Nvidia shares closed down 4.34% at $166.19 on the New York Stock Exchange, experiencing a 14.3% plunge from the previous close, which reduced its market capitalization by $602 billion—its lowest since June 2025. The stock also hit a seven-month low on a closing-price basis, since March 30, marking a 30.5% decline from its record high of $239.24 on October 6. Nvidia's market capitalization has fallen by approximately $1.76 trillion, while investor sentiment has deteriorated significantly after Huang's departure amid scandalous allegations. The board appointed CFO Colette Kress as interim CEO, initiating a search for a permanent successor. For a brief moment, Nvidia lost its position as the world's second-largest company by market capitalization to Microsoft. However, late-session buying helped it regain its No. 2 ranking, though this was a decline of around $182 billion from the previous day. Retail investor activity was intense, with five buy orders for every sell order, totaling approximately $90 billion in trading value—about one-third of the total trading value across the S&P 500. Although Wall Street analysts have taken a cautious approach, with Evercore ISI downgrading Nvidia's rating to In Line and slashing its price target by 60%, the market remains focused on the upcoming earnings announcement on November 17, where revenue is expected to rise 92% year over year, and net income is anticipated to exceed $60 billion, up around 89% from the previous year.",
  "summary": "Nvidia’s forward price-to-earnings (P/E) ratio has fallen to around 12 times, its lowest level in 14 years. The decline follows a sharp drop in the company’s share price as CEO Jensen Huang’s abrupt resignation coincided with growing concerns over a slowdown in artificial intelligence (AI) investmen",
  "key_points": [
    "Nvidia's forward P/E ratio at 12 times, lowest in 14 years",
    "CEO Jensen Huang's resignation triggers share price drop",
    "Market capitalization declines $1.76 trillion following scandal allegations"
  ],
  "editors_take": "The sudden departure of Jensen Huang shifts Nvidia from a period of peak valuation into a volatile era where leadership uncertainty and scandalous allegations force a massive revaluation by investors.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}