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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 Sep 28, 2023 is 63.77. This is calculated based on the TTM EPS of $2.22 and the stock price of $141.58 per share. The PE ratio has decreased by 11% from its last 4 quarters average of 71.7.

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 21.62. The current price-to-earnings ratio of 63.77 is 195% 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.

Average
21.62
Median
14.22
Minimum
10.07
Maximum
83.67

International Business Machines PE ratio by year

Maximum annual increase: 273.33% in 2022

Maximum annual decrease: -52.23% in 2018

Year PE ratio Change
2022 77.84 273.33%
2021 20.85 4.04%
2020 20.04 58.92%
2019 12.61 6.14%
2018 11.88 -52.23%
2017 24.87 86.29%
2016 13.35 30.75%
2015 10.21 -23.81%
2014 13.4 7.63%
2013 12.45 -5.54%

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
38.15
5-year avg
28.83
10-year avg
21.62
15-year avg
18.72

IBM PE vs peers

What is IBM's PE ratio compared to its peers

IBM's PE ratio is above its peer stocks AAPL and MSFT. International Business Machines's current PE ratio of 63.77 is more than the average of its peers, which is 27.99.

Stock name PE ratio Market cap
HPQ Hp Inc 10.92 $25.48B
CSCO Cisco Systems Inc 17.38 $217B
ACN Accenture plc 27.02 $204.01B
GOOGL Alphabet Inc 27.56 $1.65T
AAPL Apple Inc 28.58 $2.67T
ORCL Oracle Corp 30.49 $289.02B
MSFT Microsoft Corp 32.51 $2.35T
VMW Vmware Inc 49.66 $71.84B
IBM International Business Machines Corp 63.14 $127.7B
INTC Intel Corp N/A $147.9B

Frequently asked questions

What is International Business Machines's PE ratio?

The price to earnings ratio for IBM stock as of Sep 28, 2023, stands at 63.77.

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

The 3-year average PE ratio for IBM stock is 38.15.

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

The 5-year average PE ratio for IBM stock is 28.83.

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 195% 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 (Sep 28, 2023), International Business Machines's share price is $141.58. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $2.22. Therefore, International Business Machines's price to earnings ratio for today is 63.77. PE RATIO(63.77) = STOCK PRICE($141.58) / TTM EPS($2.22)

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