AVGO Broadcom PE ratio, current and historical analysis
As of Nov 21, 2024, the Broadcom stock's PE ratio is 136.62. This results from the current EPS of $1.2 and stock price of $163.94. The P/E ratio has an increase of 126% from the past four quarters average of 60.5.
AVGO PE ratio history
The PE ratio of Broadcom has averaged 44.76 over the last ten years. The current PE ratio of 136.62 is comparable to the historical average. Over the past ten years, AVGO's PE ratio was at its highest in the Jul 2017 quarter at 208.64, when the stock price was $25.04 and the EPS was $0.12. The lowest value was in the Nov 2018 quarter, when it reached 7.53 with a price of $22.08 and an EPS of $2.93.
Broadcom PE ratio by year
Maximum annual increase: 479.28% in 2019
Maximum annual decrease: -87.49% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 24.73 | 43.28% |
| 2022 | 17.26 | -49.03% |
| 2021 | 33.86 | -36.08% |
| 2020 | 52.97 | 21.44% |
| 2019 | 43.62 | 479.28% |
| 2018 | 7.53 | -87.49% |
| 2017 | 60.21 | N/A |
| 2016 | N/A | N/A |
| 2015 | 23.68 | -69.8% |
| 2014 | 78.41 | 285.69% |
AVGO average PE ratio chart
Currently, AVGO's PE ratio is above the 3, 5 and 10-year historical averages.
AVGO PE vs peers
Compared to its peer stocks IBM and TXN, AVGO's PE ratio stands higher. Broadcom's current PE ratio of 136.62 is comparable to the average of its peer group, which is 31.6.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 9.66 | $22.12B |
| SWKS Skyworks Solutions Inc | 22.86 | $13.6B |
| VSH Vishay Intertechnology Inc | 24.6 | $2.11B |
| IBM International Business Machines Corp | 31.82 | $205.64B |
| TXN Texas Instruments Inc | 36.57 | $180.8B |
| ADI Analog Devices Inc | 64.06 | $106.23B |
| AVGO Broadcom Inc | 136.62 | $765.69B |
Frequently asked questions
What is Broadcom's PE ratio?
The price to earnings ratio for AVGO stock as of Nov 21, 2024, stands at 136.62.
What is the 3-year average PE ratio for Broadcom (AVGO)?
The 3-year average PE ratio for AVGO stock is 36.7.
What is the 5-year average PE ratio for Broadcom (AVGO)?
The 5-year average PE ratio for AVGO stock is 40.19.
What is the highest PE ratio for AVGO?
In the last ten years, the Jul 2017 quarter recorded the highest quarterly PE ratio at 208.64.
How does the current PE ratio for AVGO compare to its historical average?
AVGO's price to earnings ratio is currently 205% above its 10-year historical average.
Why is Broadcom's PE ratio so high?
AVGO's PE ratio of 136.62 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 (Nov 21, 2024), Broadcom's stock price is $163.94. The earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $1.2. Therefore, Broadcom's P/E ratio for today is 136.62. PE RATIO(136.62) = STOCK PRICE($163.94) / TTM EPS($1.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.