P/E ratio for QUALCOMM (QCOM)

P/E ratio history for QUALCOMM from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Texas Instruments TXN	25.8	4.10%	🇺🇸 USA
NVIDIA NVDA	73.6	196.67%	🇺🇸 USA
Motorola Solutions MSI	48.2	94.35%	🇺🇸 USA
Cisco CSCO	18.6	-25.12%	🇺🇸 USA
Ericsson ERIC	-12.4	-150.03%	🇸🇪 Sweden
Maxim Integrated MXIM	N/A	N/A	🇺🇸 USA
Nokia NOK	6.03	-75.68%	🇫🇮 Finland
Juniper Networks JNPR	33.2	33.76%	🇺🇸 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.