The current PE ratio for Skyworks Solutions stock as of Apr 26, 2024 is 18.36. This is calculated based on the current EPS of $5.68 and the stock price of $104.3 per share. The PE ratio has increased by 5% from the past four quarters average of 17.4.
The average historical PE ratio of Skyworks Solutions for the last ten years is 18.97. The current price-to-earnings ratio of 18.36 is 3.2% less than the historical average. In the past ten years, SWKS's PE ratio reached its highest point in the Oct 2020 quarter at 30.34, when the stock price was $146.83 and the EPS was $4.84. The lowest point was recorded in the Dec 2018 quarter, when it reached 10.69 with a price of $67.22 and an EPS of $6.29.
Maximum annual increase: 92.63% in 2020
Maximum annual decrease: -40.44% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.98 | 47.15% |
| 2022 | 10.86 | -39.9% |
| 2021 | 18.07 | -40.44% |
| 2020 | 30.34 | 92.63% |
| 2019 | 15.75 | -12.16% |
| 2018 | 17.93 | -3.55% |
| 2017 | 18.59 | 28.65% |
| 2016 | 14.45 | -27.64% |
| 2015 | 19.97 | -11.79% |
| 2014 | 22.64 | 35.24% |
The current PE ratio of SWKS is above its 3-year historical average, but it is lower than the 5 and 10-year averages.
SWKS's PE ratio is below its peer stocks ADI and MTSI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SWKS Skyworks Solutions Inc | 18.36 | $16.71B |
| ADI Analog Devices Inc | 35.87 | $100.16B |
| MTSI MACOM Technology Solutions Holdings Inc | 96.87 | $7.33B |
| PRKR Parkervision Inc | N/A | $3.88M |
SWKS stock has a price to earnings ratio of 18.36 as of Apr 26, 2024.
As an average over the last 3 years, SWKS stock has a PE ratio of 16.29.
As an average over the last 5 years, SWKS stock has a PE ratio of 19.01.
In the last ten years, the Oct 2020 quarter recorded the highest quarterly PE ratio at 30.34.
The current price to earnings ratio of SWKS is 3.2% lower 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 (Apr 26, 2024), Skyworks Solutions's stock price is $104.3. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.68. Therefore, Skyworks Solutions's price to earnings ratio for today is 18.36. PE RATIO(18.36) = STOCK PRICE($104.3) / TTM EPS($5.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.