Nvidia's (NASDAQ: NVDA) fiscal 2025, which ended Jan. 26, featured impressive financial performance, with revenue soaring 114% year over year to $130.5 billion and diluted earnings per share rising 147% to $2.

The chip maker is currently trading at 23.3 times earnings expected over the next 12 months, which is below its five-year historic average of 40 times.

However, in addition to its prospects above, Nvidia stock is also surprisingly cheap after the recent pullback. It now trades at a forward price-to-earnings (P/E) ratio of just 24, which is comparable to the S&P 500 's forward P/E of 20.7.