TXN Texas Instruments PE ratio, current and historical analysis
As at Nov 22, 2024, the TXN stock has a PE ratio of 36.53. This is based on the current EPS of $5.42 and the stock price of $198 per share. An increase of 19% has been seen in the P/E ratio compared to the average of 30.6 of the last 4 quarters.
TXN PE ratio history
The mean historical PE ratio of Texas Instruments over the last ten years is 22.4. The current 36.53 PE ratio is 63% above the historical average. Over the past ten years, TXN's PE ratio was at its highest in the Sep 2024 quarter at 38.11, with a price of $206.57 and an EPS of $5.42. The Sep 2022 quarter recorded the bottom point at 16.04, with a price of $154.78 and an EPS of $9.65.
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
Currently, TXN's PE ratio is greater than its 3, 5 and 10-year historical averages.
TXN PE vs peers
TXN's PE ratio is lower than its peer stocks NVDA and ADI, but it is greater than QCOM's and STM's. Texas Instruments's current PE ratio of 36.53 is comparable to the average of its peer group, which is 36.59.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 10.12 | $23.17B |
| QCOM Qualcomm Inc | 17.4 | $175.72B |
| TXN Texas Instruments Inc | 37.28 | $184.32B |
| NVDA Nvidia Corp | 53.24 | $3.35T |
| ADI Analog Devices Inc | 66.25 | $109.85B |
| INTC Intel Corp | N/A | $107.98B |
Frequently asked questions
What is Texas Instruments's PE ratio?
TXN stock has a price to earnings ratio of 36.53 as of Nov 22, 2024.
What is the 3-year average PE ratio for Texas Instruments (TXN)?
The 3-year average PE ratio for TXN stock is 23.18.
What is the 5-year average PE ratio for Texas Instruments (TXN)?
The 5-year average PE ratio for TXN stock is 23.87.
What is the highest PE ratio for TXN?
The highest quarterly PE ratio in the last ten years has been 38.11 and it was in the Sep 2024 quarter.
How does the current PE ratio for TXN compare to its historical average?
TXN's current price to earnings ratio is 63% 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 (Nov 22, 2024), Texas Instruments's stock price is $198. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.42. Therefore, Texas Instruments's P/E ratio for today is 36.53. PE RATIO(36.53) = STOCK PRICE($198) / TTM EPS($5.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.