CRDO
Credo Technology Group Holding
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: CRDO
- PE Ratio
The PE ratio for Credo Technology Group Holding stock stands at 78.11 as of Jul 31, 2026. This takes into account the latest EPS of $2.65 and stock price of $206.99. A decrease of 28% has been observed in the PE ratio compared to its average of 108.7 of the last four quarters.
CRDO PE ratio history
Over the last two years, the average PE ratio of Credo Technology Group Holding has been 681.9. The current 78.11 P/E ratio is 89% lower than the historical average. Looking back at the last two years, CRDO's PE ratio peaked in the Feb 2025 quarter at 3,501, with a price of $70.02 and an EPS of $0.02. The Jan 2026 quarter marked the lowest point at 65.25, with a price of $125.28 and an EPS of $1.92.
Credo Technology Group Holding PE ratio by year
Maximum annual decrease: -55.31% in 2026
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 69.58 | -55.31% | $184.38 | $2.65 |
| 2025 | 155.68 | N/A | $48.26 | $0.31 |
| 2024 | N/A | N/A | $18.56 | -$0.18 |
| 2023 | N/A | N/A | $8.11 | -$0.11 |
| 2022 | N/A | N/A | $11.04 | -$0.25 |
| 2021 | N/A | N/A | N/A | -$0.4 |
| 2020 | N/A | N/A | N/A | $0 |
Credo Technology Group Holding PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| May 2026 | 69.58 | 6.64% | $184.38 | $2.65 |
| Jan 2026 | 65.25 | -57.22% | $125.28 | $1.92 |
| Nov 2025 | 152.54 | 3.53% | $187.62 | $1.23 |
| Aug 2025 | 147.34 | -5.36% | $107.56 | $0.73 |
| May 2025 | 155.68 | -95.55% | $48.26 | $0.31 |
| Feb 2025 | 3,501 | N/A | $70.02 | $0.02 |
| Nov 2024 | N/A | N/A | $40.43 | -$0.15 |
| Aug 2024 | N/A | N/A | $25.33 | -$0.16 |
| Apr 2024 | N/A | N/A | $18.56 | -$0.18 |
| Jan 2024 | N/A | N/A | $20.84 | -$0.23 |
| Oct 2023 | N/A | N/A | $13.91 | -$0.21 |
| Jul 2023 | N/A | N/A | $16.9 | -$0.19 |
| Apr 2023 | N/A | N/A | $8.11 | -$0.11 |
| Jan 2023 | N/A | N/A | $17.31 | -$0.01 |
| Oct 2022 | N/A | N/A | $13.72 | -$0.03 |
CRDO Price vs fair value
CRDO average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, CRDO's PE ratio is lower than its 3-year average.
PE comparison
Credo Technology Group Holding's price to earnings (P/E) of 78.11 is higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 34.94, Credo Technology Group Holding's price to earnings (P/E) is 124% higher.
CRDO PE vs peers
In comparison to its peers LITE and CIEN, CRDO's PE ratio is lower, but it is higher than CSCO's and ANET's. Credo Technology Group Holding's PE ratio is trading above the peer average of 73.67.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FFIV F5 Inc | 32.93 | $22.91B |
| CSCO Cisco Systems Inc | 38.43 | $455.91B |
| ANET Arista Networks Inc | 62.23 | $231.96B |
| CRDO Credo Technology Group Holding Ltd | 82.58 | $40.81B |
| LITE Lumentum Holdings Inc | 124.84 | $60.7B |
| CIEN CIENA Corp | 125.83 | $55.04B |
| EXTR Extreme Networks Inc | 249.04 | $3.91B |
Frequently asked questions
What is Credo Technology Group Holding's PE ratio?
CRDO's price to earnings ratio is 78.11 as of Jul 31, 2026.
What is the 3-year average PE ratio for Credo Technology Group Holding (CRDO)?
The 3-year average price to earnings ratio for CRDO stock is 681.9.
What is the highest PE ratio for CRDO?
Over the last two years, the Feb 2025 quarter recorded the highest quarterly PE ratio at 3,501.
How does the current PE ratio for CRDO compare to its historical average?
CRDO's price to earnings ratio is currently 89% below its 2-year historical average.
Why is Credo Technology Group Holding's PE ratio so high?
CRDO's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 78.11 is considered high.
How is CRDO's PE ratio calculated (Credo Technology Group Holding PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 31, 2026), Credo Technology Group Holding's share price is $206.99. The company's earnings per share for the trailing twelve months (TTM) ending May 2026 is $2.65. Therefore, Credo Technology Group Holding's PE ratio for today is 78.11. PE RATIO(78.11) = STOCK PRICE($206.99) / TTM EPS($2.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.