P/E ratio for QUALCOMM (QCOM)
P/E ratio as of March 2023 (TTM): 11.2
According to QUALCOMM's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2459. At the end of 2021 the company had a P/E ratio of 20.7.
P/E ratio history for QUALCOMM from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 20.7 | -19.43% |
| 2020 | 25.6 | 3.19% |
| 2019 | 24.9 | -30.13% |
| 2018 | 35.6 | -256.68% |
| 2017 | -22.7 | -214.9% |
| 2016 | 19.8 | 20.94% |
| 2015 | 16.3 | |
| 2012 | 15.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cisco CSCO | 18.5 | 64.59% | 🇺🇸 USA |
 NVIDIA NVDA | 109 | 867.97% | 🇺🇸 USA |
 Texas Instruments TXN | 18.4 | 63.83% | 🇺🇸 USA |
 Juniper Networks
JNPR | 24.5 | 117.45% | 🇺🇸 USA |
 Maxim Integrated
MXIM | N/A | N/A | 🇺🇸 USA |
 Motorola Solutions
MSI | 38.8 | 244.93% | 🇺🇸 USA |
 Ericsson ERIC | 9.95 | -11.57% | 🇸🇪 Sweden |
 Nokia NOK | 13.6 | 20.76% | 🇫🇮 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.