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CRUS Cirrus Logic PE ratio, current and historical analysis

The PE ratio for Cirrus Logic stock stands at 24.22 as of Jun 14, 2024. This takes into account the latest EPS of $5.06 and stock price of $122.56. The PE ratio at present is nearly equal to the average from the previous 4 quarters.

CRUS PE ratio history

How has CRUS's PE ratio performed in the past

Over the last ten years, the average PE ratio of Cirrus Logic has been 21.31. The current 24.22 P/E ratio is 14% higher 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.

Average
21.31
Median
20.81
Minimum
11.89
Maximum
37.83

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

What is the average PE ratio of CRUS for the past years

The current PE ratio of CRUS is higher than its 3, 5 and 10-year averages.

3-year avg
20.56
5-year avg
22.1
10-year avg
21.31
15-year avg
26.85

CRUS PE vs peers

What is CRUS's PE ratio compared to its peers

CRUS's PE ratio stands lower than its peer stocks QCOM and TXN, but it is higher than STM's. Cirrus Logic is currently trading at a lower PE ratio (24.22) than its peers average of 29.48.

Stock name PE ratio Market cap
STM ST Microelectronics 10.43 $38.33B
CRUS Cirrus Logic Inc 24.22 $6.57B
NXPI NXP Semiconductors NV 24.55 $68.74B
QCOM Qualcomm Inc 28.67 $240.31B
TXN Texas Instruments Inc 29.97 $176.54B
ADI Analog Devices Inc 53.77 $114.72B

Frequently asked questions

What is Cirrus Logic's PE ratio?

CRUS stock has a price to earnings ratio of 24.22 as of Jun 14, 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 20.56.

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 22.1.

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 14% above 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 (Jun 14, 2024), Cirrus Logic's share price is $122.56. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.06. Therefore, Cirrus Logic's PE ratio for today is 24.22. PE RATIO(24.22) = STOCK PRICE($122.56) / TTM EPS($5.06)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.