SMTC
Semtech
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: SMTC
- PE Ratio
The P/E ratio for Semtech stock stands at 101.98 as of Sep 11, 2026. This is calculated based on the TTM EPS of $1.64 and the stock price of $167.24 per share.
SMTC PE ratio history
Over the last ten years, the average PE ratio of Semtech has been 60.96. The current 101.98 price-to-earnings ratio is 67% more than the historical average. Analyzing the last ten years, SMTC's PE ratio reached its highest point in the Oct 2025 quarter at 121.05, with a price of $67.79 and an EPS of $0.56. The Oct 2022 quarter saw the lowest point at 12.15, with a price of $27.94 and an EPS of $2.3.
Semtech PE ratio by year
Maximum annual increase: 133.06% in 2020
Maximum annual decrease: -64.07% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | N/A | N/A | $80.52 | -$0.46 |
| 2025 | N/A | N/A | $73.02 | -$2.26 |
| 2024 | N/A | N/A | $20.59 | -$17.03 |
| 2023 | 34.53 | -1.23% | $33.15 | $0.96 |
| 2022 | 34.96 | -54.67% | $67.83 | $1.94 |
| 2021 | 77.12 | -29.52% | $70.95 | $0.92 |
| 2020 | 109.42 | 133.06% | $52.52 | $0.48 |
| 2019 | 46.95 | -33.02% | $49.77 | $1.06 |
| 2018 | 70.1 | 74.73% | $36.45 | $0.52 |
| 2017 | 40.12 | -64.07% | $33.7 | $0.84 |
| 2016 | 111.67 | 73.27% | $20.1 | $0.18 |
| 2015 | 64.45 | N/A | $27.07 | $0.42 |
| 2014 | N/A | N/A | $23.22 | -$2.44 |
| 2013 | 46.63 | 120.47% | $29.84 | $0.64 |
| 2012 | 21.15 | 12.86% | $28.97 | $1.37 |
Semtech PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jul 2026 | 76.78 | N/A | $125.92 | $1.64 |
| Apr 2026 | N/A | N/A | $109.79 | -$0.39 |
| Jan 2026 | N/A | N/A | $80.52 | -$0.46 |
| Oct 2025 | 121.05 | 11.76% | $67.79 | $0.56 |
| Jul 2025 | 108.31 | N/A | $53.07 | $0.49 |
| Apr 2025 | N/A | N/A | $30.03 | -$1.81 |
| Jan 2025 | N/A | N/A | $73.02 | -$2.26 |
| Oct 2024 | N/A | N/A | $45.47 | -$13.08 |
| Jul 2024 | N/A | N/A | $30.99 | -$13.58 |
| Apr 2024 | N/A | N/A | $35.77 | -$16.94 |
| Jan 2024 | N/A | N/A | $20.59 | -$17.03 |
| Oct 2023 | N/A | N/A | $14.5 | -$7.83 |
| Jul 2023 | N/A | N/A | $28.49 | -$6.87 |
| Apr 2023 | N/A | N/A | $19.49 | -$0.09 |
| Jan 2023 | 34.53 | 184.2% | $33.15 | $0.96 |
SMTC Price vs fair value
SMTC 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 SMTC is above its 5 and 10-year averages.
PE comparison
Semtech's price to earnings (P/E) of 101.98 is higher than the Technology sector, the industry and its peers average. Looking at the Technology sector average of 33.11, Semtech's price to earnings (P/E) is 208% higher.
SMTC PE vs peers
Frequently asked questions
What is Semtech's PE ratio?
The price to earnings ratio for SMTC stock is 101.98 as of Sep 11, 2026.
What is the 5-year average PE ratio for Semtech (SMTC)?
The 5-year average PE ratio for SMTC stock is 54.7.
What is the highest PE ratio for SMTC?
The highest quarterly PE ratio in the last ten years has been 121.05 and it was in the Oct 2025 quarter.
How does the current PE ratio for SMTC compare to its historical average?
The current PE ratio of SMTC is 67% higher than the 10-year historical average.
Why is Semtech's PE ratio so high?
SMTC's PE ratio of 101.98 is considered high because the company's stock price is trading at a higher multiple of earnings.
How is SMTC's PE ratio calculated (Semtech PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Sep 11, 2026), Semtech's share price is $167.24. The company's earnings per share for the trailing twelve months (TTM) ending Jul 2026 is $1.64. Therefore, Semtech's price to earnings ratio for today is 101.98. PE RATIO(101.98) = STOCK PRICE($167.24) / TTM EPS($1.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.