CRUS Cirrus Logic PE ratio, current and historical analysis
The PE ratio for Cirrus Logic stock stands at 16.76 as of Nov 21, 2024. This takes into account the latest EPS of $6.12 and stock price of $102.55. A decrease of 22% has been observed in the PE ratio compared to its average of 21.6 of the last four quarters.
CRUS PE ratio history
Over the last ten years, the average PE ratio of Cirrus Logic has been 21.51. The current 16.76 P/E ratio is 22% lower than the historical average. Looking back at the last ten years, CRUS's PE ratio peaked in the Mar 2015 quarter at 37.83, with a price of $33.29 and an EPS of $0.88. The Jun 2022 quarter marked the lowest point at 11.89, with a price of $72.64 and an EPS of $6.11.
Cirrus Logic PE ratio by year
Maximum annual increase: 233.3% in 2015
Maximum annual decrease: -53.5% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 18.29 | -44.91% |
| 2023 | 33.2 | 115.86% |
| 2022 | 15.38 | -30.72% |
| 2021 | 22.2 | -1.77% |
| 2020 | 22.6 | -19.43% |
| 2019 | 28.05 | 76.08% |
| 2018 | 15.93 | 9.26% |
| 2017 | 14.58 | -17.11% |
| 2016 | 17.59 | -53.5% |
| 2015 | 37.83 | 233.3% |
CRUS average PE ratio chart
The current PE ratio of CRUS is lower than its 3, 5 and 10-year averages.
CRUS PE vs peers
CRUS's PE ratio stands lower than its peer stocks TXN and QCOM, but it is higher than STM's. Cirrus Logic is currently trading at a lower PE ratio (16.76) than its peers average of 29.72.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 9.66 | $22.12B |
| CRUS Cirrus Logic Inc | 16.76 | $5.45B |
| QCOM Qualcomm Inc | 17.1 | $172.72B |
| NXPI NXP Semiconductors NV | 21.19 | $57.08B |
| TXN Texas Instruments Inc | 36.57 | $180.8B |
| ADI Analog Devices Inc | 64.06 | $106.23B |
Frequently asked questions
What is Cirrus Logic's PE ratio?
CRUS stock has a price to earnings ratio of 16.76 as of Nov 21, 2024.
What is the 3-year average PE ratio for Cirrus Logic (CRUS)?
Over the last 3 years, the average price to earnings ratio for CRUS stock is 20.59.
What is the 5-year average PE ratio for Cirrus Logic (CRUS)?
Over the last 5 years, the average price to earnings ratio for CRUS stock is 21.59.
What is the highest PE ratio for CRUS?
The highest quarterly PE ratio in the last ten years has been 37.83 and it was in the Mar 2015 quarter.
How does the current PE ratio for CRUS compare to its historical average?
CRUS's price to earnings ratio is currently 22% below its 10-year historical average.
How is CRUS's PE ratio calculated (Cirrus Logic PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Cirrus Logic's share price is $102.55. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.12. Therefore, Cirrus Logic's PE ratio for today is 16.76. PE RATIO(16.76) = STOCK PRICE($102.55) / TTM EPS($6.12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.