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TXN Texas Instruments PE ratio, current and historical analysis

As at Feb 23, 2024, the TXN stock has a PE ratio of 22.96. This is based on the current EPS of $7.13 and the stock price of $163.69 per share. An increase of 6% has been seen in the P/E ratio compared to the average of 21.6 of the last 4 quarters.

TXN PE ratio history

How has TXN's PE ratio performed in the past

The mean historical PE ratio of Texas Instruments over the last ten years is 21.6. The current 22.96 PE ratio is 6% above the historical average. Over the past ten years, TXN's PE ratio was at its highest in the Dec 2017 quarter at 28.38, with a price of $104.44 and an EPS of $3.68. The Sep 2022 quarter recorded the bottom point at 16.04, with a price of $154.78 and an EPS of $9.65.

Average
21.6
Median
20.69
Minimum
16.04
Maximum
28.38

Texas Instruments PE ratio by year

Maximum annual increase: 45.44% in 2019

Maximum annual decrease: -41.68% in 2018

Year PE ratio Change
2023 23.91 37.65%
2022 17.37 -22.77%
2021 22.49 -17.1%
2020 27.13 12.71%
2019 24.07 45.44%
2018 16.55 -41.68%
2017 28.38 37.7%
2016 20.61 7.57%
2015 19.16 -6.45%
2014 20.48 -9.5%

TXN average PE ratio chart

What is the average PE ratio of TXN for the past years

Currently, TXN's PE ratio is greater than its 3, 5 and 10-year historical averages.

3-year avg
21.55
5-year avg
22.09
10-year avg
21.6
15-year avg
20.56

TXN PE vs peers

What is TXN's PE ratio compared to its peers

TXN's PE ratio is lower than its peer stocks NVDA and INTC, but it is greater than QCOM's and STM's. Texas Instruments's current PE ratio of 22.96 is below the average of its peers, which is 47.7.

Stock name PE ratio Market cap
STM ST Microelectronics 9.6 $40.4B
QCOM Qualcomm Inc 22.26 $172.88B
TXN Texas Instruments Inc 22.96 $148.84B
ADI Analog Devices Inc 33.77 $94.28B
NVDA Nvidia Corp 65.41 $1.97T
INTC Intel Corp 107.48 $181.76B

Frequently asked questions

What is Texas Instruments's PE ratio?

TXN stock has a price to earnings ratio of 22.96 as of Feb 23, 2024.

What is the 3-year average PE ratio for Texas Instruments (TXN)?

The 3-year average PE ratio for TXN stock is 21.55.

What is the 5-year average PE ratio for Texas Instruments (TXN)?

The 5-year average PE ratio for TXN stock is 22.09.

What is the highest PE ratio for TXN?

The highest quarterly PE ratio in the last ten years has been 28.38 and it was in the Dec 2017 quarter.

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

TXN's current price to earnings ratio is 6% above its 10-year historical average.

How is TXN's PE ratio calculated (Texas Instruments PE ratio formula)?

The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Feb 23, 2024), Texas Instruments's stock price is $163.69. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.13. Therefore, Texas Instruments's P/E ratio for today is 22.96. PE RATIO(22.96) = STOCK PRICE($163.69) / TTM EPS($7.13)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.