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.
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.
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% |
Currently, AVGO's PE ratio is above the 3, 5 and 10-year historical averages.
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 |
The price to earnings ratio for AVGO stock as of Mar 27, 2024, stands at 47.42.
The 3-year average PE ratio for AVGO stock is 28.26.
The 5-year average PE ratio for AVGO stock is 35.43.
In the last ten years, the Jul 2017 quarter recorded the highest quarterly PE ratio at 201.91.
AVGO's price to earnings ratio is currently 10% above its 10-year historical average.
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.