The price-to-earnings ratio for Rambus stock stands at 16.74 as of May 3, 2024. This results from the current EPS of $3.35 and stock price of $56.08. A decrease of 32% has been recorded in the P/E ratio compared to the average of 24.6 of the last 4 quarters.
Over the last ten years, the average PE ratio of Rambus has been 80.17. The current 16.74 PE ratio is 79% below the historical average. In the past ten years, RMBS's PE ratio was at its highest in the Dec 2016 quarter at 229.5, with a price of $13.77 and an EPS of $0.06. The Dec 2015 quarter recorded the bottom point at 6.3, with a price of $11.59 and an EPS of $1.84.
Maximum annual increase: 3,542.86% in 2016
Maximum annual decrease: -86.93% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 22.09 | N/A |
| 2022 | N/A | N/A |
| 2021 | 172.88 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | 229.5 | 3,542.86% |
| 2015 | 6.3 | -86.93% |
| 2014 | 48.22 | N/A |
The current PE ratio of RMBS is lower than the 3, 5 and 10-year averages.
RMBS's PE ratio is lower than its peer stocks NVDA and AMD.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RMBS Rambus Inc | 16.74 | $6.04B |
| NXPI NXP Semiconductors NV | 23.55 | $65.93B |
| TXN Texas Instruments Inc | 27.65 | $162.89B |
| NVDA Nvidia Corp | 73.68 | $2.22T |
| AMD Advanced Micro Devices Inc | 218.26 | $243.42B |
| MU Micron Technology Inc | N/A | $127.02B |
RMBS's price to earnings ratio is 16.74 as of May 3, 2024.
As an average over the last 3 years, RMBS stock has a PE ratio of 62.32.
As an average over the last 5 years, RMBS stock has a PE ratio of 62.32.
In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 229.5.
RMBS's price to earnings ratio is currently 79% below its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 3, 2024), Rambus's stock price is $56.08. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.35. Therefore, Rambus's P/E ratio for today is 16.74. PE RATIO(16.74) = STOCK PRICE($56.08) / TTM EPS($3.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.