Question 1

What is Broadcom's P/E ratio?

Accepted Answer

Broadcom (AVGO) P/E ratio is 66.0× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Broadcom?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Broadcom specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

Is Broadcom's P/E ratio high or low?

Accepted Answer

Broadcom's P/E ratio of 66.0× is above its own 5-year average of 53.8× and above the sector median of 29.4×. That places the current reading at the 62th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Broadcom's historical P/E ratio range?

Accepted Answer

In the available daily series, Broadcom (AVGO) P/E ratio has ranged from a low of 7.4× in 2018 to a high of 228.8× in 2024. The 5-year average is 53.8× and the 5-year median is 40.6×.

Question 7

What was Broadcom's P/E ratio in 2025?

Accepted Answer

Broadcom (AVGO) P/E ratio at the end of 2025 was 74.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Broadcom's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$1.72T	$23.1B	74.2×	-59.6×	Nov 2, 2025
2024	$789B	$5.9B	133.8×	+109.1×	Nov 3, 2024
2023	$347B	$14.1B	24.7×	+7.9×	Oct 29, 2023
2022	$193B	$11.5B	16.8×	-15.6×	Oct 30, 2022
2021	$218B	$6.74B	32.4×	-15.8×	Oct 31, 2021
2020	$143B	$2.96B	48.2×	+3.7×	Nov 1, 2020
2019	$121B	$2.72B	44.5×	+37.1×	Nov 3, 2019
2018	$90.7B	$12.3B	7.4×	-56.2×	Nov 4, 2018
2017	$108B	$1.69B	63.6×	—	Oct 31, 2017
2016	$67.8B	-$1.74B	—	—	Oct 31, 2016
2015	$34B	$1.36B	24.9×	-58.4×	Oct 31, 2015
2014	$21.9B	$263M	83.3×	+62.9×	Oct 31, 2014
2013	$11.3B	$552M	20.4×	+6.0×	Oct 31, 2013
2012	$8.12B	$563M	14.4×	-0.6×	Oct 31, 2012
2011	$8.28B	$552M	15.0×	+1.1×	Oct 31, 2011
2010	$5.76B	$415M	13.9×	—	Oct 31, 2010
2009	$3.54B	-$44M	—	—	Oct 31, 2009


Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
Gartner (IT)	14.9×
CDW (CDW)	14.5×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
IBM (IBM)	0.0×

P/E Ratio for Broadcom (AVGO) 2010-2026

P/E Ratio daily chart for Broadcom (AVGO)

Historical P/E Ratio for Broadcom (AVGO) from 2009 to 2025

About P/E Ratio at Broadcom (AVGO)

Broadcom P/E Ratio by Year

Broadcom P/E Ratio 2025: 74.2×

Broadcom P/E Ratio 2024: 133.8×

Broadcom P/E Ratio 2023: 24.7×

Broadcom P/E Ratio 2022: 16.8×

Broadcom P/E Ratio 2021: 32.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Broadcom (AVGO) Key Financials