As at Apr 26, 2024, the TXN stock has a PE ratio of 27.43. This is based on the current EPS of $6.47 and the stock price of $177.48 per share. An increase of 18% has been seen in the P/E ratio compared to the average of 23.2 of the last 4 quarters.
The mean historical PE ratio of Texas Instruments over the last ten years is 21.7. The current 27.43 PE ratio is 26% 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.
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 INTC, but it is greater than QCOM's and STM's. Texas Instruments's current PE ratio of 27.43 is below the average of its peers, which is 44.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 10.15 | $37.31B |
| QCOM Qualcomm Inc | 23.8 | $184.88B |
| TXN Texas Instruments Inc | 27.43 | $161.59B |
| INTC Intel Corp | 33.21 | $135.71B |
| ADI Analog Devices Inc | 35.87 | $100.16B |
| NVDA Nvidia Corp | 72.81 | $2.19T |
TXN stock has a price to earnings ratio of 27.43 as of Apr 26, 2024.
The 3-year average PE ratio for TXN stock is 21.44.
The 5-year average PE ratio for TXN stock is 22.5.
The highest quarterly PE ratio in the last ten years has been 28.38 and it was in the Dec 2017 quarter.
TXN's current price to earnings ratio is 26% 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 (Apr 26, 2024), Texas Instruments's stock price is $177.48. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.47. Therefore, Texas Instruments's P/E ratio for today is 27.43. PE RATIO(27.43) = STOCK PRICE($177.48) / TTM EPS($6.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.