QUALCOMM
QCOM
#82
Rank
S$230.37 B
Marketcap
$207.35
Share price
-6.34%
Change (1 day)
19.70%
Change (1 year)

P/E ratio for QUALCOMM (QCOM)

P/E ratio as of November 2024 (TTM): 23.8

According to QUALCOMM's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.8439. At the end of 2022 the company had a P/E ratio of 10.5.

P/E ratio history for QUALCOMM from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.5-49.23%
202120.7-19.43%
202025.63.19%
201924.9-31.87%
201836.5-261.83%
2017-22.5-214.09%
201619.820.94%
201516.35.72%
201415.5-17.17%
201318.717.01%
201215.9-21.89%
201120.4-9.27%
201022.5-39.21%
200937.073.52%
200821.312.19%
200719.0-24.54%
200625.2-19.88%
200531.4-15.08%
200437.0-19.66%
200346.1-24%
200260.7-138.43%
2001-158

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.3 6.19%๐Ÿ‡บ๐Ÿ‡ธ USA
76.4 220.51%๐Ÿ‡บ๐Ÿ‡ธ USA
48.4 103.14%๐Ÿ‡บ๐Ÿ‡ธ USA
18.6-21.96%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.4-152.09%๐Ÿ‡ธ๐Ÿ‡ช Sweden
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
5.74-75.92%๐Ÿ‡ซ๐Ÿ‡ฎ Finland
31.3 31.19%๐Ÿ‡บ๐Ÿ‡ธ 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.