IBM International Business Machines PE ratio, current and historical analysis

The current PE ratio for International Business Machines stock as of Apr 1, 2025 is 38.28. This is calculated based on the TTM EPS of $6.54 and the stock price of $250.34 per share. The PE ratio has grown by 45% from its last 4 quarters average of 26.3.

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 23.49. The current price-to-earnings ratio of 38.28 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.

Today
38.28
Average
23.49
Median
18.76
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
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
Jun 2021 24.55 10.89% $146.59 $5.97

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 5 and 10-year averages, but it is under its 3-year average.

3-year avg
41.17
5-year avg
32.37
10-year avg
23.49
15-year avg
20.08

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 38.28 is more than the average of its peers, which is 25.72.

Stock name PE ratio Market cap
HPQ Hp Inc 9.93 $26.2B
GOOGL Alphabet Inc 19.32 $1.91T
ACN Accenture plc 25.6 $212.82B
CSCO Cisco Systems Inc 26.87 $245.86B
MSFT Microsoft Corp 30.65 $2.84T
ORCL Oracle Corp 32.33 $398.03B
AAPL Apple Inc 35.31 $3.35T
IBM International Business Machines Corp 38.28 $232.13B
INTC Intel Corp N/A $95.48B
DBD Diebold Nixdorf Inc N/A $1.66B

Frequently asked questions

What is International Business Machines's PE ratio?

The price to earnings ratio for IBM stock as of Apr 1, 2025, stands at 38.28.

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

The 3-year average PE ratio for IBM stock is 41.17.

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

The 5-year average PE ratio for IBM stock is 32.37.

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 (Apr 1, 2025), International Business Machines's share price is $250.34. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $6.54. Therefore, International Business Machines's price to earnings ratio for today is 38.28. PE RATIO(38.28) = STOCK PRICE($250.34) / TTM EPS($6.54)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.