The price-to-earnings ratio for ST Microelectronics stock stands at 9.64 as of Nov 22, 2024. This is calculated based on the current EPS of $2.54 and the stock price of $24.48 per share. A decrease of 14% has been recorded in the PE ratio compared to the average of 11.3 of the past four quarters.
Over the last ten years, the average PE ratio of ST Microelectronics has been 29.4. The current 9.64 price-to-earnings ratio is 67% less than the historical average. In the past ten years, STM's PE ratio reached its highest point in the Oct 2016 quarter at 135.83, with a price of $8.15 and an EPS of $0.06. The Oct 2022 quarter saw the lowest point at 8.1, with a price of $30.94 and an EPS of $3.82.
Maximum annual increase: 140.99% in 2019
Maximum annual decrease: -63.2% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 10.76 | 32.19% |
2022 | 8.14 | -63.2% |
2021 | 22.12 | -26.12% |
2020 | 29.94 | 27.95% |
2019 | 23.4 | 140.99% |
2018 | 9.71 | -59.54% |
2017 | 24 | -59.83% |
2016 | 59.74 | 7.64% |
2015 | 55.5 | 4.01% |
2014 | 53.36 | N/A |
Currently, STM's PE ratio is lower than the 3, 5 and 10-year averages.
STM's PE ratio is below its peer stocks NVDA and TXN. ST Microelectronics is presently trading at a lower PE ratio (9.64) than its peer group average of 44.34.
Stock name | PE ratio | Market cap |
---|---|---|
STM ST Microelectronics | 10.12 | $23.17B |
NXPI NXP Semiconductors NV | 21.99 | $59.25B |
TXN Texas Instruments Inc | 37.28 | $184.32B |
NVDA Nvidia Corp | 53.24 | $3.35T |
ADI Analog Devices Inc | 66.25 | $109.85B |
INTC Intel Corp | N/A | $107.98B |
ASYS Amtech Systems Inc | N/A | $82.04M |
STM's price to earnings ratio is 9.64 as of Nov 22, 2024.
The average PE ratio for STM stock over the past 3 years is 11.66.
The average PE ratio for STM stock over the past 5 years is 16.64.
Over the last ten years, the quarterly PE ratio reached a historic high of 135.83 in the Oct 2016 quarter.
The current price to earnings ratio of STM is 67% lower than the 10-year historical average.
STM's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 9.64 is considered low.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 22, 2024), ST Microelectronics's stock price is $24.48. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.54. Therefore, ST Microelectronics's price to earnings ratio for today is 9.64. PE RATIO(9.64) = STOCK PRICE($24.48) / TTM EPS($2.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.