QCOMCAUTIOUS

QCOM P/E Ratio Analysis

19.1x

Higher than 18% of TECHNOLOGY sector peers

Updated 437h ago·SEC filings & market data

Key Takeaway

The price-to-earnings (P/E) ratio of 19.9x means investors pay $19.90 for every $1 of QCOM’s annual earnings — a lower number can indicate the stock is inexpensive relative to its profits.

Sector Performance

18th percentile

QCOM

19.1x

Sector Median

39.5x

Sector Avg

41.3x

Prior Period

19.9x(Jul 2026)

↑ Improving

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Deep Analysis

The price-to-earnings (P/E) ratio of 19.9x means investors pay $19.90 for every $1 of QCOM’s annual earnings — a lower number can indicate the stock is inexpensive relative to its profits.

Within the TECHNOLOGY sector, QCOM’s P/E sits well below the sector median of 50.5x, placing it in the 0th percentile among peers, meaning it is cheaper than virtually all comparable companies. The year-over-year change is not available, but quarter-over-quarter the ratio jumped by +43.3% from 13.9x to 19.9x, showing a sharp recent rise. While a low P/E level may suggest undervaluation, the rapid upward trend implies that earnings are not keeping pace with price gains, raising the risk that the stock is becoming less attractive. This combination — a cheap relative level but a fast-rising ratio — does not support the overall CAUTIOUS verdict; instead, the low multiple could be seen as a potential value opportunity, contradicting the cautious stance.

Frequently Asked Questions

What does the P/E Ratio tell investors about QCOM?

Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.

How is the P/E Ratio calculated?

P/E Ratio is calculated as: Price / EPS.

How does QCOM's P/E Ratio compare to its sector?

QCOM's P/E Ratio of 19.1x compares to a TECHNOLOGY sector median of 39.5x, placing it in the 18th percentile.

Who are QCOM's closest peers by P/E Ratio?

The closest TECHNOLOGY peers by P/E Ratio include: CSCO (37.1x), TXN (42.0x), HPE (43.8x), DELL (34.2x), LRCX (52.7x).

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The Formula

Price / EPS

Why It Matters

Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.