CSCO
Cisco Systems
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: CSCO
- PE Ratio
As at Jun 22, 2026, the CSCO stock has a PE ratio of 40.38. This is based on the current EPS of $3.01 and the stock price of $121.53 per share. An increase of 46% has been seen in the P/E ratio compared to the average of 27.6 of the last 4 quarters.
CSCO PE ratio history
The mean historical PE ratio of Cisco Systems over the last ten years is 77.7. The current 40.38 PE ratio is 48% below the historical average. Over the past ten years, CSCO's PE ratio was at its highest in the Jul 2018 quarter at 2,128.5, with a price of $42.57 and an EPS of $0.02. The Jul 2016 quarter recorded the bottom point at 14.33, with a price of $30.53 and an EPS of $2.13.
Cisco Systems PE ratio by year
Maximum annual increase: 12,862.85% in 2018
Maximum annual decrease: -98.99% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 26.83 | 42.86% | $68.69 | $2.56 |
| 2024 | 18.78 | 11.06% | $47.88 | $2.55 |
| 2023 | 16.91 | 5.49% | $52.09 | $3.08 |
| 2022 | 16.03 | -27.33% | $45.37 | $2.83 |
| 2021 | 22.06 | 25.99% | $55.37 | $2.51 |
| 2020 | 17.51 | -18.52% | $46.4 | $2.65 |
| 2019 | 21.49 | -98.99% | $56.53 | $2.63 |
| 2018 | 2,128.5 | 12,862.85% | $42.57 | $0.02 |
| 2017 | 16.42 | 14.58% | $31.52 | $1.92 |
| 2016 | 14.33 | -11.21% | $30.53 | $2.13 |
| 2015 | 16.14 | -6.76% | $28.4 | $1.76 |
| 2014 | 17.31 | 27% | $25.97 | $1.5 |
| 2013 | 13.63 | 30.31% | $25.5 | $1.87 |
| 2012 | 10.46 | -23.37% | $15.69 | $1.5 |
| 2011 | 13.65 | -19.52% | $15.97 | $1.17 |
Cisco Systems PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2026 | 29.57 | 10.62% | $89.01 | $3.01 |
| Jan 2026 | 26.73 | -1.62% | $74.59 | $2.79 |
| Oct 2025 | 27.17 | 1.27% | $70.63 | $2.6 |
| Jul 2025 | 26.83 | 16.4% | $68.69 | $2.56 |
| Apr 2025 | 23.05 | -14.82% | $56.71 | $2.46 |
| Jan 2025 | 27.06 | 13.6% | $62.23 | $2.3 |
| Oct 2024 | 23.82 | 26.84% | $55.74 | $2.34 |
| Jul 2024 | 18.78 | 17.3% | $47.88 | $2.55 |
| Apr 2024 | 16.01 | 1.65% | $47.86 | $2.99 |
| Jan 2024 | 15.75 | 2.01% | $52.14 | $3.31 |
| Oct 2023 | 15.44 | -8.69% | $51.56 | $3.34 |
| Jul 2023 | 16.91 | 0.18% | $52.09 | $3.08 |
| Apr 2023 | 16.88 | -4.63% | $47.25 | $2.8 |
| Jan 2023 | 17.7 | 7.4% | $48.51 | $2.74 |
| Oct 2022 | 16.48 | 2.81% | $45.64 | $2.77 |
CSCO Price vs fair value
CSCO 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.
The current PE ratio of CSCO is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
PE comparison
Cisco Systems's P/E of 40.38 is above the Technology sector and its peers average but below the industry average. Compared to its Technology sector average of 36.79, Cisco Systems's P/E is 10% higher.
CSCO PE vs peers
Compared to its peer stocks MSFT and IBM, CSCO's PE ratio stands higher. Cisco Systems's PE ratio is trading above the peer group average of 23.04.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 8.76 | $21.87B |
| MSFT Microsoft Corp | 22.11 | $2.77T |
| IBM International Business Machines Corp | 23.06 | $249.85B |
| MSI Motorola Solutions Inc | 31.34 | $65.39B |
| FFIV F5 Networks Inc | 31.77 | $22.1B |
| CSCO Cisco Systems Inc | 40.58 | $481.45B |
| NTGR Netgear Inc | N/A | $635.84M |
Frequently asked questions
What is Cisco Systems's PE ratio?
The price to earnings ratio for CSCO stock is 40.38 as of Jun 22, 2026.
What is the 3-year average PE ratio for Cisco Systems (CSCO)?
The average PE ratio for CSCO stock over the past 3 years is 22.26.
What is the 5-year average PE ratio for Cisco Systems (CSCO)?
The average PE ratio for CSCO stock over the past 5 years is 20.69.
What is the highest PE ratio for CSCO?
The highest quarterly PE ratio in the last ten years has been 2,128.5 and it was in the Jul 2018 quarter.
How does the current PE ratio for CSCO compare to its historical average?
CSCO's current price to earnings ratio is 48% below its 10-year historical average.
How is CSCO's PE ratio calculated (Cisco Systems PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jun 22, 2026), Cisco Systems's stock price is $121.53. The earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $3.01. Therefore, Cisco Systems's P/E ratio for today is 40.38. PE RATIO(40.38) = STOCK PRICE($121.53) / TTM EPS($3.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.