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AVGO Broadcom PE ratio, current and historical analysis

As of Jun 14, 2024, the Broadcom stock's PE ratio is 72.35. This results from the current EPS of $23.98 and stock price of $1,735.04. The P/E ratio has an increase of 94% from the past four quarters average of 37.2.

AVGO PE ratio history

How has AVGO's PE ratio performed in the past

The PE ratio of Broadcom has averaged 43.81 over the last ten years. The current PE ratio of 72.35 is 65% 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
43.81
Median
35.71
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
29.33
5-year avg
36.23
10-year avg
43.81
15-year avg
N/A

AVGO PE vs peers

What is AVGO's PE ratio compared to its peers

Compared to its peer stocks TXN and IBM, AVGO's PE ratio stands higher. Broadcom's PE ratio is trading above the peer group average of 24.21.

Stock name PE ratio Market cap
STM ST Microelectronics 10.43 $38.33B
VSH Vishay Intertechnology Inc 12.74 $3.06B
IBM International Business Machines Corp 18.86 $155.44B
SWKS Skyworks Solutions Inc 19.47 $16.75B
TXN Texas Instruments Inc 29.97 $176.54B
ADI Analog Devices Inc 53.77 $114.72B
AVGO Broadcom Inc 72.35 $807.64B

Frequently asked questions

What is Broadcom's PE ratio?

The price to earnings ratio for AVGO stock as of Jun 14, 2024, stands at 72.35.

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

The 3-year average PE ratio for AVGO stock is 29.33.

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

The 5-year average PE ratio for AVGO stock is 36.23.

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 65% above its 10-year historical average.

Why is Broadcom's PE ratio so high?

AVGO's PE ratio of 72.35 is considered high because the company's stock price is trading at a higher multiple of earnings.

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 (Jun 14, 2024), Broadcom's stock price is $1,735.04. The earnings per share for the trailing twelve months (TTM) ending May 2024 is $23.98. Therefore, Broadcom's P/E ratio for today is 72.35. PE RATIO(72.35) = STOCK PRICE($1,735.04) / TTM EPS($23.98)

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