P/E ratio for QUALCOMM (QCOM)

P/E ratio history for QUALCOMM from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Texas Instruments TXN	28.1	6.54%	🇺🇸 USA
NVIDIA NVDA	11.3	-57.40%	🇺🇸 USA
Motorola Solutions MSI	49.6	87.83%	🇺🇸 USA
Cisco CSCO	18.8	-28.87%	🇺🇸 USA
Ericsson ERIC	-12.8	-148.43%	🇸🇪 Sweden
Maxim Integrated MXIM	N/A	N/A	🇺🇸 USA
Nokia NOK	6.15	-76.73%	🇫🇮 Finland
Juniper Networks JNPR	34.1	29.21%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.