P/E ratio for Skyworks Solutions (SWKS)
P/E ratio as of April 2024 (TTM): 15.8
According to Skyworks Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8217. At the end of 2022 the company had a P/E ratio of 12.4.
P/E ratio history for Skyworks Solutions from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.4 | -32.79% |
| 2021 | 18.4 | -22.65% |
| 2020 | 23.9 | -5.29% |
| 2019 | 25.2 | 136.73% |
| 2018 | 10.6 | -49.92% |
| 2017 | 21.2 | 36.28% |
| 2016 | 15.6 | 2.45% |
| 2015 | 15.2 | -38.06% |
| 2014 | 24.6 | 41.05% |
| 2013 | 17.4 | -3.92% |
| 2012 | 18.1 | 35.21% |
| 2011 | 13.4 | -55.05% |
| 2010 | 29.8 | 26.1% |
| 2009 | 23.7 | 203.1% |
| 2008 | 7.80 | -62.36% |
| 2007 | 20.7 | -246.41% |
| 2006 | -14.2 | -130.6% |
| 2005 | 46.3 | 7.95% |
| 2004 | 42.9 | -267.51% |
| 2003 | -25.6 | 1384.47% |
| 2002 | -1.72 | -86.64% |
| 2001 | -12.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Analog Devices ADI | 25.3 | 59.78% | 🇺🇸 USA |
 Maxim Integrated
MXIM | N/A | N/A | 🇺🇸 USA |
 MACOM MTSI | 21.8 | 37.63% | 🇺🇸 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.