As of Jul 26, 2024, the Broadcom stock's PE ratio is 63.18. This results from the current EPS of $2.4 and stock price of $151.63. The P/E ratio has an increase of 70% from the past four quarters average of 37.2.
The PE ratio of Broadcom has averaged 44.0 over the last ten years. The current PE ratio of 63.18 is 44% above 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.
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% |
Currently, AVGO's PE ratio is above the 3, 5 and 10-year historical averages.
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 25.43.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 8.35 | $30.69B |
| VSH Vishay Intertechnology Inc | 13.71 | $3.29B |
| IBM International Business Machines Corp | 21.38 | $176.14B |
| SWKS Skyworks Solutions Inc | 21.68 | $18.64B |
| TXN Texas Instruments Inc | 34.77 | $184.43B |
| ADI Analog Devices Inc | 52.66 | $112.36B |
| AVGO Broadcom Inc | 63.18 | $705.82B |
The price to earnings ratio for AVGO stock as of Jul 26, 2024, stands at 63.18.
The 3-year average PE ratio for AVGO stock is 29.34.
The 5-year average PE ratio for AVGO stock is 36.23.
In the last ten years, the Jul 2017 quarter recorded the highest quarterly PE ratio at 208.64.
AVGO's price to earnings ratio is currently 44% 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 (Jul 26, 2024), Broadcom's stock price is $151.63. The earnings per share for the trailing twelve months (TTM) ending May 2024 is $2.4. Therefore, Broadcom's P/E ratio for today is 63.18. PE RATIO(63.18) = STOCK PRICE($151.63) / TTM EPS($2.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.