P/E Ratio

QUALCOMM’s current P/E Ratio of 13.9x means investors are paying $13.90 for every $1.00 of the company’s earnings over the past year — a measure used to gauge whether a stock is cheap or expensive relative to its profits.

This ratio sits well below the Technology sector median of 37.0x, placing QUALCOMM in the 15th percentile among its peers, indicating it is valued lower than most companies in its industry. Over the last eight quarters, the P/E has been decreasing, with a year-over-year change not available (N/A) and a quarter-over-quarter increase of only 0.6%, showing the recent decline has largely paused. The combination of a low P/E and a decreasing trend suggests that earnings have been growing faster than the stock price, which can point to a value opportunity — but also implies that the market has not rewarded the stock with a higher multiple. This metric supports the overall NEUTRAL verdict, as the deep discount relative to the sector outweighs the risk of a continued downward trend, offering neither a clear buy nor sell signal based on valuation alone.

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