Question 1

What is Super Micro Computer's P/E ratio?

Accepted Answer

Super Micro Computer (SMCI) P/E ratio is 16.5× 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 Super Micro Computer?

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 Super Micro Computer specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

Is Super Micro Computer's P/E ratio high or low?

Accepted Answer

Super Micro Computer's P/E ratio of 16.5× is below its own 5-year average of 20.2× and below the sector median of 29.4×. That places the current reading at the 28th 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 Super Micro Computer's historical P/E ratio range?

Accepted Answer

In the available daily series, Super Micro Computer (SMCI) P/E ratio has ranged from a low of 7.5× in 2022 to a high of 104.0× in 2024. The 5-year average is 20.2× and the 5-year median is 17.4×.

Question 7

What was Super Micro Computer's P/E ratio in 2025?

Accepted Answer

Super Micro Computer (SMCI) P/E ratio at the end of 2025 was 27.9×. 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 Super Micro Computer'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	$29.3B	$1.05B	27.9×	-13.0×	Jun 30, 2025
2024	$48.1B	$1.18B	40.9×	+20.4×	Jun 30, 2024
2023	$13.1B	$640M	20.5×	+13.1×	Jun 30, 2023
2022	$2.11B	$285M	7.4×	-8.4×	Jun 30, 2022
2021	$1.77B	$112M	15.8×	-1.8×	Jun 30, 2021
2020	$1.48B	$84.3M	17.6×	+4.2×	Jun 30, 2020
2019	$967M	$71.9M	13.4×	-12.0×	Jun 30, 2019
2018	$1.17B	$46.2M	25.4×	+7.8×	Jun 30, 2018
2017	$1.21B	$68.3M	17.7×	+1.3×	Jun 30, 2017
2016	$1.21B	$73.6M	16.4×	+2.6×	Jun 30, 2016
2015	$1.4B	$102M	13.8×	-7.3×	Jun 30, 2015
2014	$1.14B	$54.2M	21.0×	-0.4×	Jun 30, 2014
2013	$456M	$21.3M	21.5×	-0.7×	Jun 30, 2013
2012	$660M	$29.9M	22.1×	+6.8×	Jun 30, 2012
2011	$615M	$40.2M	15.3×	-2.8×	Jun 30, 2011
2010	$487M	$26.9M	18.1×	+1.6×	Jun 30, 2010
2009	$265M	$16.1M	16.4×	+7.1×	Jun 30, 2009
2008	$238M	$25.4M	9.3×	-4.7×	Jun 30, 2008
2007	$272M	$19.3M	14.1×	+2.7×	Jun 30, 2007
2006	$194M	$16.9M	11.4×	-15.7×	Jun 30, 2006
2005	$192M	$7.09M	27.1×	—	Jun 30, 2005


Ondas Holdings (ONDS)	16.4×
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×
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 Super Micro Computer (SMCI) 2005-2026

P/E Ratio daily chart for Super Micro Computer (SMCI)

Historical P/E Ratio for Super Micro Computer (SMCI) from 2005 to 2025

About P/E Ratio at Super Micro Computer (SMCI)

Super Micro Computer P/E Ratio by Year

Super Micro Computer P/E Ratio 2025: 27.9×

Super Micro Computer P/E Ratio 2024: 40.9×

Super Micro Computer P/E Ratio 2023: 20.5×

Super Micro Computer P/E Ratio 2022: 7.4×

Super Micro Computer P/E Ratio 2021: 15.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Super Micro Computer (SMCI) Key Financials