P/E ratio for QUALCOMM (QCOM)
P/E ratio as of May 2024 (TTM): 27.8
According to QUALCOMM's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.8439. 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 |
|---|---|---|
| 2022 | 10.5 | -49.23% |
| 2021 | 20.7 | -19.43% |
| 2020 | 25.6 | 3.19% |
| 2019 | 24.9 | -31.87% |
| 2018 | 36.5 | -261.83% |
| 2017 | -22.5 | -214.09% |
| 2016 | 19.8 | 20.94% |
| 2015 | 16.3 | 5.72% |
| 2014 | 15.5 | -17.17% |
| 2013 | 18.7 | 17.01% |
| 2012 | 15.9 | -21.89% |
| 2011 | 20.4 | -9.27% |
| 2010 | 22.5 | -39.21% |
| 2009 | 37.0 | 73.52% |
| 2008 | 21.3 | 12.19% |
| 2007 | 19.0 | -24.54% |
| 2006 | 25.2 | -19.88% |
| 2005 | 31.4 | -15.08% |
| 2004 | 37.0 | -19.66% |
| 2003 | 46.1 | -24% |
| 2002 | 60.7 | -138.43% |
| 2001 | -158 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cisco CSCO | 15.3 | -45.05% | 🇺🇸 USA |
 NVIDIA NVDA | 217 | 679.91% | 🇺🇸 USA |
 Texas Instruments TXN | 23.3 | -16.18% | 🇺🇸 USA |
 Juniper Networks
JNPR | 30.3 | 8.69% | 🇺🇸 USA |
 Maxim Integrated
MXIM | N/A | N/A | 🇺🇸 USA |
 Motorola Solutions
MSI | 35.2 | 26.48% | 🇺🇸 USA |
 Ericsson ERIC | -8.24 | -129.59% | 🇸🇪 Sweden |
 Nokia NOK | 5.05 | -81.86% | 🇫🇮 Finland |
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.