Company overview
NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information, both in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products include standard sensors designed to detect the presence of magnetic or metallic materials, which help determine position, rotation, or speed in the factory automation market. In addition, the company offers custom and medical sensors for medical devices, intended to replace electromechanical magnetic switches. Further, the company provides spintronic couplers for power conversion and industrial Internet of Things (IIoT) markets, as well as DC-to-DC converters for use in power conversion systems and industrial networks for the IIoT and MRAM products. Additionally, it undertakes contracts for research and development and licenses spintronic magnetoresistive random access memory technology. The company sells its products through distributors. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
Daily valuation snapshot
These values come from the daily market snapshot dated 2026-10-08. TTM means trailing twelve months. Use the market date when comparing NVEC with another company.
| Daily close (USD) | $111.45 |
| Market capitalization (USD) | $539,102,150.7 |
| Price / earnings (TTM) | 29.92 |
| Price / book | 9.02 |
No matching rows. Clear the filter to see all records.
Read NVEC's valuation metrics
Company size
NVE Corp's recorded market capitalization is $539,102,150.7. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
NVEC's recorded P/E is 29.92: about $29.92 of share price for each $1 of trailing annual earnings per share. Compare that multiple with earnings growth and companies in the same business.
Price relative to book equity
NVEC's recorded price-to-book ratio is 9.02. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
Research NVE Corp with Aurora
Use the snapshot above to ask a specific question about NVEC. Ask for the report period and the figures behind the explanation, then compare the answer with the company's business description.
Continue the research
Follow NVEC's ownership disclosures to see who filed a transaction or position and when it became public. To turn a research idea into a strategy, define an entry rule and test its dated observations.