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QCOM Qualcomm PE ratio, current and historical analysis

The P/E ratio for Qualcomm stock stands at 22.57 as of Oct 29, 2024. This is calculated based on the TTM EPS of $7.8 and the stock price of $176.03 per share. An increase of 3.6% has been observed in the PE ratio compared to its average of 21.8 of the past four quarters.

QCOM PE ratio history

How has QCOM's PE ratio performed in the past

Over the last ten years, the average PE ratio of Qualcomm has been 20.11. The current 22.57 price-to-earnings ratio is 12% 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
20.11
Median
18.79
Minimum
10.52
Maximum
37.13

Qualcomm PE ratio by year

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%

QCOM average PE ratio chart

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
16.71
5-year avg
19.34
10-year avg
20.11
15-year avg
20.03

QCOM PE vs peers

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 22.57 is less than the average of its peers, which is 42.63.

Stock name PE ratio Market cap
QCOM Qualcomm Inc 21.72 $188.75B
CSCO Cisco Systems Inc 21.84 $222.28B
GOOGL Alphabet Inc 25.43 $2.2T
TXN Texas Instruments Inc 38.85 $192.08B
MSI Motorola Solutions Inc 51.86 $75.88B
JNPR Juniper Networks Inc 53.38 $12.83B
NVDA Nvidia Corp 64.69 $3.43T

Frequently asked questions

What is Qualcomm's PE ratio?

As of Oct 29, 2024, QCOM stock has a price to earnings ratio of 22.57.

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

Over the last 3 years, the average PE ratio for QCOM stock is 16.71.

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

Over the last 5 years, the average PE ratio for QCOM stock is 19.34.

What is the highest PE ratio for QCOM?

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

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

The current PE ratio of QCOM is 12% higher than the 10-year historical average.

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

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 29, 2024), Qualcomm's share price is $176.03. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $7.8. Therefore, Qualcomm's price to earnings ratio for today is 22.57. PE RATIO(22.57) = STOCK PRICE($176.03) / TTM EPS($7.8)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.