Question 1

What is Intel's P/E ratio?

Accepted Answer

Intel (INTC) P/E ratio is 1243.1× as of January 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 Intel?

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 Intel specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

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

Accepted Answer

Intel's P/E ratio of 1243.1× is above its own 5-year average of 107.9× and above the sector median of 29.4×. That places the current reading at the 100th 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 Intel's historical P/E ratio range?

Accepted Answer

In the available daily series, Intel (INTC) P/E ratio has ranged from a low of 5.4× in 2022 to a high of 1243.1× in 2026. The 5-year average is 107.9× and the 5-year median is 12.2×.

Question 7

What was Intel's P/E ratio in 2023?

Accepted Answer

Intel (INTC) P/E ratio at the end of 2023 was 125.6×. 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 Intel'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	$176B	-$267M	—	—	Dec 27, 2025
2024	$87.7B	-$18.8B	—	—	Dec 28, 2024
2023	$212B	$1.69B	125.6×	+112.0×	Dec 31, 2023
2022	$109B	$8.01B	13.6×	+3.1×	Dec 31, 2022
2021	$210B	$19.9B	10.5×	+0.8×	Dec 31, 2021
2020	$204B	$20.9B	9.8×	-2.5×	Dec 31, 2020
2019	$258B	$21B	12.3×	+2.1×	Dec 31, 2019
2018	$213B	$21.1B	10.1×	-12.4×	Dec 31, 2018
2017	$216B	$9.6B	22.5×	+5.9×	Dec 31, 2017
2016	$172B	$10.3B	16.6×	+2.4×	Dec 31, 2016
2015	$163B	$11.4B	14.2×	-0.5×	Dec 31, 2015
2014	$173B	$11.7B	14.8×	+1.4×	Dec 31, 2014
2013	$129B	$9.62B	13.4×	+4.1×	Dec 31, 2013
2012	$102B	$11B	9.3×	+1.7×	Dec 31, 2012
2011	$123B	$16.1B	7.6×	-2.5×	Dec 31, 2011
2010	$117B	$11.5B	10.2×	-15.5×	Dec 31, 2010
2009	$113B	$4.39B	25.7×	+10.3×	Dec 31, 2009
2008	$81.6B	$5.29B	15.4×	-6.9×	Dec 31, 2008
2007	$156B	$6.98B	22.3×	-0.8×	Dec 31, 2007
2006	$117B	$5.04B	23.1×	+5.8×	Dec 31, 2006
2005	$150B	$8.66B	17.3×	-2.3×	Dec 31, 2005
2004	$147B	$7.52B	19.6×	-17.4×	Dec 31, 2004
2003	$209B	$5.64B	37.0×	+4.0×	Dec 31, 2003
2002	$103B	$3.12B	33.0×	—	Dec 31, 2002


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 Intel (INTC) 2002-2026

P/E Ratio daily chart for Intel (INTC)

Historical P/E Ratio for Intel (INTC) from 2002 to 2025

About P/E Ratio at Intel (INTC)

Intel P/E Ratio by Year

Intel P/E Ratio 2023: 125.6×

Intel P/E Ratio 2022: 13.6×

Intel P/E Ratio 2021: 10.5×

Intel P/E Ratio 2020: 9.8×

Intel P/E Ratio 2019: 12.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Intel (INTC) Key Financials