Back to QCOM overview
#
QCOM Qualcomm
PE ratio, current and historical analysis

## QCOM PE ratio history

### Qualcomm PE ratio by year

## QCOM average PE ratio chart

## QCOM PE vs peers

## Frequently asked questions

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What is Qualcomm's PE ratio?

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What is the 3-year average PE ratio for Qualcomm (QCOM)?

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What is the 5-year average PE ratio for Qualcomm (QCOM)?

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What is the highest PE ratio for QCOM?

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How does the current PE ratio for QCOM compare to its historical average?

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How is QCOM's PE ratio calculated (Qualcomm PE ratio formula)?

The P/E ratio for Qualcomm stock stands at 22.39 as of Feb 28, 2024. This is calculated based on the TTM EPS of $6.96 and the stock price of $155.85 per share. An increase of 37% has been observed in the PE ratio compared to its average of 16.3 of the past four quarters.

How has QCOM's PE ratio performed in the past

Over the last ten years, the average PE ratio of Qualcomm has been 19.64. The current 22.39 price-to-earnings ratio is 14% more than the historical average. Analyzing the last ten years, QCOM's PE ratio reached its highest point in the Dec 2018 quarter at 37.13, with a price of $56.81 and an EPS of $1.53. The Sep 2022 quarter saw the lowest point at 10.52, with a price of $121.19 and an EPS of $11.52.

Average

19.64

Median

17.56

Minimum

10.52

Maximum

37.13

Maximum annual increase: 92.04% in 2017

Maximum annual decrease: -37.23% in 2022

Year | PE ratio | Change |
---|---|---|

2023 | 16.64 | 58.17% |

2022 | 10.52 | -37.23% |

2021 | 16.76 | -32.96% |

2020 | 25 | 18.43% |

2019 | 21.11 | N/A |

2018 | N/A | N/A |

2017 | 31.38 | 92.04% |

2016 | 16.34 | 0.06% |

2015 | 16.33 | 2.9% |

2014 | 15.87 | -6.04% |

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

Currently, QCOM's PE ratio is above its 3, 5 and 10-year averages.

3-year avg

15.54

5-year avg

19.82

10-year avg

19.64

15-year avg

21.1

What is QCOM's PE ratio compared to its peers

QCOM's PE ratio is less than its peer stocks NVDA and GOOGL, but it is above CSCO's. Qualcomm's current PE ratio of 22.39 is less than the average of its peers, which is 32.63.

Stock name | PE ratio | Market cap |
---|---|---|

CSCO Cisco Systems Inc | 14.6 | $195.7B |

QCOM Qualcomm Inc | 22.67 | $176.05B |

TXN Texas Instruments Inc | 23.46 | $152.1B |

GOOGL Alphabet Inc | 23.68 | $1.72T |

MSI Motorola Solutions Inc | 32.3 | $54.89B |

JNPR Juniper Networks Inc | 38.18 | $11.92B |

NVDA Nvidia Corp | 65.64 | $1.98T |

As of Feb 28, 2024, QCOM stock has a price to earnings ratio of 22.39.

Over the last 3 years, the average PE ratio for QCOM stock is 15.54.

Over the last 5 years, the average PE ratio for QCOM stock is 19.82.

Over the last ten years, the quarterly PE ratio reached its highest level at 37.13 in the Dec 2018 quarter.

The current PE ratio of QCOM is 14% higher than the 10-year historical average.

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 28, 2024), Qualcomm's share price is $155.85. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $6.96. Therefore, Qualcomm's price to earnings ratio for today is 22.39. `PE RATIO(22.39) = STOCK PRICE($155.85) / TTM EPS($6.96)`

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