The price-to-earnings ratio for ST Microelectronics stock stands at 8.22 as of Jul 25, 2024. This is calculated based on the current EPS of $4.07 and the stock price of $33.47 per share. A decrease of 19% has been recorded in the PE ratio compared to the average of 10.1 of the past four quarters.
Over the last ten years, the average PE ratio of ST Microelectronics has been 32.81. The current 8.22 price-to-earnings ratio is 75% 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 (8.22) than its peer group average of 41.09.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 8.35 | $30.69B |
| NXPI NXP Semiconductors NV | 23.4 | $64.61B |
| INTC Intel Corp | 32.66 | $133.46B |
| TXN Texas Instruments Inc | 34.77 | $184.43B |
| ADI Analog Devices Inc | 52.66 | $112.36B |
| NVDA Nvidia Corp | 65.35 | $2.78T |
| ASYS Amtech Systems Inc | N/A | $81.84M |
STM's price to earnings ratio is 8.22 as of Jul 25, 2024.
The average PE ratio for STM stock over the past 3 years is 12.51.
The average PE ratio for STM stock over the past 5 years is 17.13.
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 75% 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 8.22 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 (Jul 25, 2024), ST Microelectronics's stock price is $33.47. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.07. Therefore, ST Microelectronics's price to earnings ratio for today is 8.22. PE RATIO(8.22) = STOCK PRICE($33.47) / TTM EPS($4.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.