Semtech is trading with a PEG ratio of 0.33, based on Oct 22, 2026 data. Dividing the 76.29 PE ratio by the 234.7% earnings growth rate yields this valuation metric.
Historically, Semtech shows a PEG ratio averaging 1.07 across the past ten years. At 0.33, today's PE to growth ratio sits 69% below its historical average. The ten years high occurred in the Oct 2019 quarter at 11.82, reflecting maximum valuation relative to growth. The minimum was hit in the Oct 2016 quarter at 0.03, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | N/A | N/A | 79.6% |
| 2025 | N/A | N/A | 86.7% |
| 2024 | N/A | N/A | -1,874% |
| 2023 | N/A | 34.53 | -50.5% |
| 2022 | 0.32 | 34.96 | 110.9% |
| 2021 | 0.84 | 77.12 | 91.7% |
| 2020 | N/A | 109.42 | -54.7% |
| 2019 | 0.45 | 46.95 | 103.8% |
| 2018 | N/A | 70.1 | -38.1% |
| 2017 | 0.11 | 40.12 | 366.7% |
| 2016 | N/A | 111.67 | -57.1% |
| 2015 | 0.55 | 64.45 | 117.2% |
| 2014 | N/A | N/A | -481.3% |
| 2013 | N/A | 46.63 | -53.3% |
| 2012 | 1.17 | 21.15 | 18.1% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jul 2026 | 0.33 | 76.78 | 234.7% |
| Apr 2026 | N/A | N/A | 78.5% |
| Jan 2026 | N/A | N/A | 79.6% |
| Oct 2025 | 1.16 | 121.05 | 104.3% |
| Jul 2025 | 1.05 | 108.31 | 103.6% |
| Apr 2025 | N/A | N/A | 89.3% |
| Jan 2025 | N/A | N/A | 86.7% |
| Oct 2024 | N/A | N/A | -67% |
| Jul 2024 | N/A | N/A | -97.7% |
| Apr 2024 | N/A | N/A | -18,722.2% |
| Jan 2024 | N/A | N/A | -1,874% |
| Oct 2023 | N/A | N/A | -440.4% |
| Jul 2023 | N/A | N/A | -378.1% |
| Apr 2023 | N/A | N/A | -104.1% |
| Jan 2023 | N/A | 34.53 | -50.5% |
When comparing to historical values, SMTC's PEG ratio is below the 5 and 10-year averages.
Semtech's PEG of 0.33 is below the Technology sector and the industry average. Compared to its Technology sector average of 0.59, Semtech's PEG is 44% lower.
SMTC has a PEG ratio below that of peer stocks TXN and ADI.
Based on Oct 22, 2026 data, SMTC carries a PEG ratio of 0.33.
SMTC has a 5-year average PEG ratio of 0.52.
The Oct 2019 quarter marked the ten years high at 11.82 for SMTC's PEG ratio.
Compared to the 10-year average, SMTC's PEG ratio is 69% lower.
Strong earnings growth relative to valuation produces SMTC's low PEG ratio of 0.33.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Oct 22, 2026, Semtech has a P/E ratio of 76.29. Earnings grew at 234.7% over the TTM period ending Jul 2026. Applying the formula, this produces a price to earnings growth ratio of 0.33. PEG RATIO(0.33) = PE RATIO(76.29) / EPS GROWTH(234.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.