As at Jul 25, 2024, the TXN stock has a PE ratio of 33.93. This is based on the current EPS of $5.81 and the stock price of $197.15 per share. An increase of 30% has been seen in the P/E ratio compared to the average of 26.2 of the last 4 quarters.
The mean historical PE ratio of Texas Instruments over the last ten years is 21.97. The current 33.93 PE ratio is 54% above the historical average. Over the past ten years, TXN's PE ratio was at its highest in the Jun 2024 quarter at 33.48, with a price of $194.53 and an EPS of $5.81. The Sep 2022 quarter recorded the bottom point at 16.04, with a price of $154.78 and an EPS of $9.65.
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% |
Currently, TXN's PE ratio is greater than its 3, 5 and 10-year historical averages.
TXN's PE ratio is lower than its peer stocks NVDA and ADI, but it is greater than QCOM's and INTC's. Texas Instruments's current PE ratio of 33.93 is below the average of its peers, which is 36.05.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 8.35 | $30.69B |
| QCOM Qualcomm Inc | 23.97 | $200.94B |
| INTC Intel Corp | 32.66 | $133.46B |
| TXN Texas Instruments Inc | 34.77 | $184.43B |
| ADI Analog Devices Inc | 52.66 | $112.36B |
| NVDA Nvidia Corp | 65.35 | $2.78T |
TXN stock has a price to earnings ratio of 33.93 as of Jul 25, 2024.
The 3-year average PE ratio for TXN stock is 22.03.
The 5-year average PE ratio for TXN stock is 23.14.
Within the last ten years, the current P/E ratio is at its peak with a value of 33.93.
TXN's current price to earnings ratio is 54% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Texas Instruments's stock price is $197.15. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $5.81. Therefore, Texas Instruments's P/E ratio for today is 33.93. PE RATIO(33.93) = STOCK PRICE($197.15) / TTM EPS($5.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.