Broadcom is a semiconductor company based in San José, California. The company was the semiconductor product division of Hewlett-Packard and later Agilent prior to its spin-off.
P/E ratio for Broadcom (AVGO)
P/E ratio as of March 2025 (TTM): 7.46
According to Broadcom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.46336. At the end of 2023 the company had a P/E ratio of 3.29.
P/E ratio history for Broadcom from 2009 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 3.29 | 61.24% |
| 2022 | 2.04 | -52.04% |
| 2021 | 4.25 | -35.98% |
| 2020 | 6.64 | 42.26% |
| 2019 | 4.67 | 441.91% |
| 2018 | 0.8614 | -85.15% |
| 2017 | 5.80 | -231.22% |
| 2016 | -4.42 | -257.41% |
| 2015 | 2.81 | -70.69% |
| 2014 | 9.58 | 304% |
| 2013 | 2.37 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 28.4 | 280.17% | 🇺🇸 USA |
 | 11.0 | 46.80% | 🇺🇸 USA |
 | 4.76 | -36.24% | 🇨🇭 Switzerland |
 | 23.6 | 215.81% | 🇺🇸 USA |
 | 32.9 | 340.19% | 🇺🇸 USA |
 | 5.68 | -23.95% | 🇺🇸 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.