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.
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.
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% |
Currently, IBM's PE ratio is above its 3, 5 and 10-year averages.
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 |
The price to earnings ratio for IBM stock as of Sep 28, 2023, stands at 63.77.
The 3-year average PE ratio for IBM stock is 38.15.
The 5-year average PE ratio for IBM stock is 28.83.
Over the last ten years, the Sep 2022 quarter recorded the highest quarterly PE ratio at 83.67.
The current PE ratio of IBM is 195% higher than the 10-year historical average.
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.