NVIDIA is approaching a technical bear market, with the expected P/E ratio hitting a 7-year low.

Sina Finance news on March 31st, due to concerns about war, inflation pressure, and doubts about spending on artificial intelligence, Nvidia's stock price is under pressure, with the expected price-earnings ratio falling to the lowest level since early 2019. The current expected price-earnings ratio of this chip manufacturer is about 19.6 times, lower than the price-earnings ratio of about 20 times of the S&P 500 index. Nvidia fell 1.40% on Monday, closing at $165.17, down nearly 20% from its historical closing high in October 2025, approaching a technical bear market, with a cumulative decline of about 10% in the first quarter of this year.