IBM International Business Machines PE ratio, current and historical analysis
The current PE ratio for International Business Machines stock as of Feb 21, 2025 is 37.41. This is calculated based on the TTM EPS of $6.99 and the stock price of $261.48 per share. The PE ratio has grown by 63% from its last 4 quarters average of 22.9.
IBM PE ratio history
The average historical PE ratio of International Business Machines for the last ten years is 22.97. The current price-to-earnings ratio of 37.41 is 63% 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.
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 |
|---|---|---|---|---|
| 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 |
| 2009 | 12.93 | 38.59% | $130.9 | $10.12 |
International Business Machines PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2021 | 24.55 | 10.89% | $146.59 | $5.97 |
| Mar 2021 | 22.14 | 10.48% | $133.26 | $6.02 |
IBM average PE ratio chart
Currently, IBM's PE ratio is above its 5 and 10-year averages, but it is under its 3-year average.
IBM PE vs peers
IBM's PE ratio is less than its peer stocks AAPL and ORCL, but it is above MSFT's and GOOGL's. International Business Machines's current PE ratio of 37.41 is more than the average of its peers, which is 35.05.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 12.24 | $32.48B |
| GOOGL Alphabet Inc | 22.1 | $2.19T |
| CSCO Cisco Systems Inc | 27.82 | $254.53B |
| ACN Accenture plc | 30.2 | $245.94B |
| MSFT Microsoft Corp | 32.74 | $3.03T |
| IBM International Business Machines Corp | 37.41 | $241.78B |
| AAPL Apple Inc | 38.85 | $3.69T |
| ORCL Oracle Corp | 39.86 | $469.36B |
| DBD Diebold Nixdorf Inc | 76.57 | $1.67B |
| INTC Intel Corp | N/A | $107.69B |
Frequently asked questions
What is International Business Machines's PE ratio?
The price to earnings ratio for IBM stock as of Feb 21, 2025, stands at 37.41.
What is the 3-year average PE ratio for International Business Machines (IBM)?
The 3-year average PE ratio for IBM stock is 40.04.
What is the 5-year average PE ratio for International Business Machines (IBM)?
The 5-year average PE ratio for IBM stock is 31.17.
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 63% 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 (Feb 21, 2025), International Business Machines's share price is $261.48. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.99. Therefore, International Business Machines's price to earnings ratio for today is 37.41. PE RATIO(37.41) = STOCK PRICE($261.48) / TTM EPS($6.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.