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IBM International Business Machines PE ratio, current and historical analysis

The current PE ratio for International Business Machines stock as of Jul 2, 2025 is 48.51. This is calculated based on the TTM EPS of $5.93 and the stock price of $287.65 per share. The PE ratio has grown by 54% from its last 4 quarters average of 31.5.

IBM PE ratio history

How has IBM's PE ratio performed in the past

The average historical PE ratio of International Business Machines for the last ten years is 24.2. The current price-to-earnings ratio of 48.51 is 100% more than the historical average. Analyzing the last ten years, IBM's PE ratio reached its highest point in the Sep 2022 quarter at 83.67, when the price was $118.81 and the EPS was $1.42. The lowest point was recorded in the Sep 2015 quarter, when it reached 10.07 with a price of $144.97 and an EPS of $14.39.

Today
49.24
Average
24.2
Median
19.85
Minimum
10.07
Maximum
83.67

International Business Machines PE ratio by year

Maximum annual increase: 273.33% in 2022

Maximum annual decrease: -74.5% in 2023

Year PE ratio PE change Price EPS
2024 33.61 69.32% $219.83 $6.54
2023 19.85 -74.5% $163.55 $8.24
2022 77.84 273.33% $140.89 $1.81
2021 20.85 4.04% $133.66 $6.41
2020 20.04 58.92% $125.88 $6.28
2019 12.61 6.14% $134.04 $10.63
2018 11.88 -52.23% $113.67 $9.57
2017 24.87 86.29% $153.42 $6.17
2016 13.35 30.75% $165.99 $12.43
2015 10.21 -23.81% $137.62 $13.48
2014 13.4 7.63% $160.44 $11.97
2013 12.45 -5.54% $187.57 $15.06
2012 13.18 -5.04% $191.55 $14.53
2011 13.88 10.6% $183.88 $13.25
2010 12.55 -2.94% $146.76 $11.69

International Business Machines PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Mar 2025 41.93 24.75% $248.66 $5.93
Dec 2024 33.61 6.26% $219.83 $6.54
Sep 2024 31.63 68.6% $221.08 $6.99
Jun 2024 18.76 -11.88% $172.95 $9.22
Mar 2024 21.29 7.25% $190.96 $8.97
Dec 2023 19.85 7.94% $163.55 $8.24
Sep 2023 18.39 -69.49% $140.3 $7.63
Jun 2023 60.27 -7.13% $133.81 $2.22
Mar 2023 64.9 -16.62% $131.09 $2.02
Dec 2022 77.84 -6.97% $140.89 $1.81
Sep 2022 83.67 268.59% $118.81 $1.42
Jun 2022 22.7 7.53% $141.19 $6.22
Mar 2022 21.11 1.25% $130.02 $6.16
Dec 2021 20.85 -20.02% $133.66 $6.41
Sep 2021 26.07 6.19% $138.93 $5.33

IBM Price vs fair value

How does IBM's price compare to its estimated fair value based on its growth

IBM average PE ratio chart

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

Currently, IBM's PE ratio is above its 3, 5 and 10-year averages.

3-year avg
42.92
5-year avg
33.86
10-year avg
24.2
15-year avg
20.59

IBM PE vs peers

What is IBM's PE ratio compared to its peers

IBM's PE ratio is less than its peer stock ORCL, but it is above MSFT's and AAPL's. International Business Machines's current PE ratio of 48.51 is more than the average of its peers, which is 29.1.

Stock name PE ratio Market cap
HPQ Hp Inc 9.96 $24.42B
GOOGL Alphabet Inc 19.82 $2.18T
ACN Accenture plc 24 $207.45B
CSCO Cisco Systems Inc 28.2 $274.71B
AAPL Apple Inc 33.16 $3.19T
MSFT Microsoft Corp 38.4 $3.71T
IBM International Business Machines Corp 49.24 $271.36B
ORCL Oracle Corp 53.21 $666.59B
INTC Intel Corp N/A $98.1B
DBD Diebold Nixdorf Inc N/A $2.2B

Frequently asked questions

What is International Business Machines's PE ratio?

The price to earnings ratio for IBM stock as of Jul 2, 2025, stands at 48.51.

What is the 3-year average PE ratio for International Business Machines (IBM)?

The 3-year average PE ratio for IBM stock is 42.92.

What is the 5-year average PE ratio for International Business Machines (IBM)?

The 5-year average PE ratio for IBM stock is 33.86.

What is the highest PE ratio for IBM?

Over the last ten years, the Sep 2022 quarter recorded the highest quarterly PE ratio at 83.67.

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

The current PE ratio of IBM is 100% higher than the 10-year historical average.

How is IBM's PE ratio calculated (International Business Machines PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 2, 2025), International Business Machines's share price is $287.65. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $5.93. Therefore, International Business Machines's price to earnings ratio for today is 48.51. PE RATIO(48.51) = STOCK PRICE($287.65) / TTM EPS($5.93)

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