Based on the most recent data from Jul 31, 2026, TXN's PEG ratio comes in at 2.09. This metric factors in a PE of 41.72 with an earnings growth rate of 20.0%. Relative to the 7.79 average from the past 4 quarters, the PEG ratio has shrunk by 73%.
Looking at the last ten years, TXN's PEG ratio has settled around 2.75 on average. At 2.09, today's PEG ratio sits 24% lower than its historical average. Within the last ten years, the Sep 2025 quarter recorded the highest PEG value at 18.49. At 0.3, the Dec 2018 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 7.21 | 31.72 | 4.4% |
| 2024 | N/A | 35.78 | -26.5% |
| 2023 | N/A | 23.91 | -25% |
| 2022 | 1.29 | 17.37 | 13.5% |
| 2021 | 0.58 | 22.49 | 38.5% |
| 2020 | 2.01 | 27.13 | 13.5% |
| 2019 | N/A | 24.07 | -6.7% |
| 2018 | 0.3 | 16.55 | 55.2% |
| 2017 | 7.1 | 28.38 | 4% |
| 2016 | 0.87 | 20.61 | 23.8% |
| 2015 | 2 | 19.16 | 9.6% |
| 2014 | 0.59 | 20.48 | 34.5% |
| 2013 | 0.84 | 22.63 | 26.8% |
| 2012 | N/A | 20.19 | -19.9% |
| 2011 | N/A | 15.24 | -28.2% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 2.25 | 45.09 | 20% |
| Mar 2026 | 3.21 | 33.07 | 10.3% |
| Dec 2025 | 7.21 | 31.72 | 4.4% |
| Sep 2025 | 18.49 | 33.28 | 1.8% |
| Jun 2025 | N/A | 37.68 | -5.2% |
| Mar 2025 | N/A | 33.78 | -17.8% |
| Dec 2024 | N/A | 35.78 | -26.5% |
| Sep 2024 | N/A | 38.11 | -30.4% |
| Jun 2024 | N/A | 33.48 | -31% |
| Mar 2024 | N/A | 26.93 | -28.2% |
| Dec 2023 | N/A | 23.91 | -25% |
| Sep 2023 | N/A | 20.41 | -19.3% |
| Jun 2023 | N/A | 21.38 | -9% |
| Mar 2023 | 11.47 | 20.64 | 1.8% |
| Dec 2022 | 1.29 | 17.37 | 13.5% |
TXN's PEG ratio today comes in under the 5 and 10-year averages.
With a PEG of 2.09, TXN stands above the Technology sector and the industry average. In comparison with its Technology sector average of 0.74, Texas Instruments's PEG is 182% higher.
TXN has a PEG ratio above that of peer stocks NVDA and ADI.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| NVDA NVIDIA Corp | 0.29 | $5.01T |
| ADI Analog Devices Inc | 0.65 | $176.53B |
| TXN Texas Instruments Inc | 2.04 | $245.99B |
| STM ST Microelectronics | N/A | $47.46B |
| INTC Intel Corp | N/A | $456.23B |
| QCOM Qualcomm Inc | N/A | $156.91B |
According to Jul 31, 2026 data, TXN's PEG ratio sits at 2.09.
Historical data over a 5-year period places TXN's average PEG ratio at 4.27.
TXN's PEG ratio peaked at 18.49 during the Sep 2025 quarter - the highest in ten years.
TXN currently has a PEG ratio 24% below its 10-year average.
When a company's earnings growth trails its valuation, the PEG ratio tends to be elevated - as seen with TXN's 2.09 value.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jul 31, 2026, Texas Instruments carries a P/E ratio of 41.72. Earnings grew at 20.0% over the TTM period ending Jun 2026. Applying the formula, this yields a price to earnings growth ratio of 2.09. PEG RATIO(2.09) = PE RATIO(41.72) / EPS GROWTH(20.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.