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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 24, 2024 is 20.52. This is calculated based on the TTM EPS of $8.97 and the stock price of $184.02 per share. The PE ratio has decreased by 31% from its last 4 quarters average of 30.0.

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 22.42. The current price-to-earnings ratio of 20.52 is 8% less 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
22.42
Median
15.6
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 Change
2023 19.85 -74.5%
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%

IBM average PE ratio chart

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

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

3-year avg
39.72
5-year avg
30.07
10-year avg
22.42
15-year avg
19.29

IBM PE vs peers

What is IBM's PE ratio compared to its peers

IBM's PE ratio is less than its peer stocks AAPL and MSFT, but it is above CSCO's and HPQ's. International Business Machines's current PE ratio of 20.52 is less than the average of its peers, which is 28.06.

Stock name PE ratio Market cap
HPQ Hp Inc 12.38 $36.33B
CSCO Cisco Systems Inc 16.07 $193.6B
IBM International Business Machines Corp 21.72 $178.94B
GOOGL Alphabet Inc 24.54 $2.12T
ACN Accenture plc 30.17 $224.09B
INTC Intel Corp 32.74 $133.8B
AAPL Apple Inc 34.07 $3.38T
MSFT Microsoft Corp 36.48 $3.14T
ORCL Oracle Corp 36.91 $388.58B
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 Jul 24, 2024, stands at 20.52.

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

The 3-year average PE ratio for IBM stock is 39.72.

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

The 5-year average PE ratio for IBM stock is 30.07.

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 8% lower 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 24, 2024), International Business Machines's share price is $184.02. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.97. Therefore, International Business Machines's price to earnings ratio for today is 20.52. PE RATIO(20.52) = STOCK PRICE($184.02) / TTM EPS($8.97)

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