Broadcom
AVGO
#11
Rank
โ‚ฌ724.65 B
Marketcap
155,15ย โ‚ฌ
Share price
-1.27%
Change (1 day)
70.56%
Change (1 year)

Broadcom is a semiconductor company based in San Josรฉ, 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 November 2024 (TTM): 6.80

According to Broadcom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.79642. 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
20233.2961.24%
20222.04-52.04%
20214.25-35.98%
20206.6442.26%
20194.67441.91%
20180.8614-85.15%
20175.80-231.22%
2016-4.42-257.41%
20152.81-70.69%
20149.58304%
20132.37

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.4 318.43%๐Ÿ‡บ๐Ÿ‡ธ USA
13.5 98.96%๐Ÿ‡บ๐Ÿ‡ธ USA
5.05-25.67%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
25.3 272.55%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2 314.38%๐Ÿ‡บ๐Ÿ‡ธ USA
5.13-24.59%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.