Back to AVGO overview

AVGO Broadcom PE ratio, current and historical analysis

As of Mar 27, 2024, the Broadcom stock's PE ratio is 47.42. This results from the current EPS of $27.81 and stock price of $1,318.73. The P/E ratio has an increase of 65% from the past four quarters average of 28.7.

AVGO PE ratio history

How has AVGO's PE ratio performed in the past

The PE ratio of Broadcom has averaged 43.06 over the last ten years. The current PE ratio of 47.42 is 10% above the historical average. Over the past ten years, AVGO's PE ratio was at its highest in the Jul 2017 quarter at 201.91, when the stock price was $250.37 and the EPS was $1.24. The lowest value was in the Nov 2018 quarter, when it reached 7.53 with a price of $220.77 and an EPS of $29.33.

Average
43.06
Median
34.1
Minimum
7.53
Maximum
201.91

Broadcom PE ratio by year

Maximum annual increase: 481.81% in 2019

Maximum annual decrease: -87.55% in 2018

Year PE ratio Change
2023 24.71 43.41%
2022 17.23 -49.11%
2021 33.86 -35.88%
2020 52.81 20.54%
2019 43.81 481.81%
2018 7.53 -87.55%
2017 60.5 N/A
2016 N/A N/A
2015 23.82 -71%
2014 82.14 309.68%

AVGO average PE ratio chart

What is the average PE ratio of AVGO for the past years

Currently, AVGO's PE ratio is above the 3, 5 and 10-year historical averages.

3-year avg
28.26
5-year avg
35.43
10-year avg
43.06
15-year avg
N/A

AVGO PE vs peers

What is AVGO's PE ratio compared to its peers

Compared to its peer stocks IBM and TXN, AVGO's PE ratio stands higher. Broadcom's PE ratio is trading above the peer group average of 20.01.

Stock name PE ratio Market cap
STM ST Microelectronics 9.28 $39.04B
VSH Vishay Intertechnology Inc 9.78 $3.12B
SWKS Skyworks Solutions Inc 19.06 $17.35B
IBM International Business Machines Corp 23.17 $175.06B
TXN Texas Instruments Inc 24.43 $158.38B
ADI Analog Devices Inc 35.13 $98.08B
AVGO Broadcom Inc 47.63 $613.79B

Frequently asked questions

What is Broadcom's PE ratio?

The price to earnings ratio for AVGO stock as of Mar 27, 2024, stands at 47.42.

What is the 3-year average PE ratio for Broadcom (AVGO)?

The 3-year average PE ratio for AVGO stock is 28.26.

What is the 5-year average PE ratio for Broadcom (AVGO)?

The 5-year average PE ratio for AVGO stock is 35.43.

What is the highest PE ratio for AVGO?

In the last ten years, the Jul 2017 quarter recorded the highest quarterly PE ratio at 201.91.

How does the current PE ratio for AVGO compare to its historical average?

AVGO's price to earnings ratio is currently 10% above its 10-year historical average.

How is AVGO's PE ratio calculated (Broadcom PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Mar 27, 2024), Broadcom's stock price is $1,318.73. The earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $27.81. Therefore, Broadcom's P/E ratio for today is 47.42. PE RATIO(47.42) = STOCK PRICE($1,318.73) / TTM EPS($27.81)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.