QUALCOMM
QCOM
#44
Rank
$240.30 B
Marketcap
$215.33
Share price
-1.14%
Change (1 day)
74.50%
Change (1 year)

P/E ratio for QUALCOMM (QCOM)

P/E ratio as of June 2024 (TTM): 33.7

According to QUALCOMM's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.6646. 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
14.7-56.24%๐Ÿ‡บ๐Ÿ‡ธ USA
9.88-70.66%๐Ÿ‡บ๐Ÿ‡ธ USA
25.1-25.51%๐Ÿ‡บ๐Ÿ‡ธ USA
31.2-7.37%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
37.0 10.03%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.14-127.15%๐Ÿ‡ธ๐Ÿ‡ช Sweden
5.01-85.11%๐Ÿ‡ซ๐Ÿ‡ฎ 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.