Question 1

What is Seagate Technology's P/E ratio?

Accepted Answer

Seagate Technology (STX) P/E ratio is 87.4× 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 Seagate Technology?

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

Question 5

Is Seagate Technology's P/E ratio high or low?

Accepted Answer

Seagate Technology's P/E ratio of 87.4× is above its own 5-year average of 22.1× and above the sector median of 29.4×. That places the current reading at the 98th 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 Seagate Technology's historical P/E ratio range?

Accepted Answer

In the available daily series, Seagate Technology (STX) P/E ratio has ranged from a low of 3.4× in 2012 to a high of 105.4× in 2026. The 5-year average is 22.1× and the 5-year median is 15.7×.

Question 7

What was Seagate Technology's P/E ratio in 2025?

Accepted Answer

Seagate Technology (STX) P/E ratio at the end of 2025 was 20.4×. 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 Seagate Technology'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	$30B	$1.47B	20.4×	-44.3×	Jun 27, 2025
2024	$21.7B	$335M	64.7×	—	Jun 28, 2024
2023	$12.8B	-$529M	—	—	Jun 30, 2023
2022	$15.2B	$1.65B	9.2×	-6.0×	Jun 30, 2022
2021	$20B	$1.31B	15.3×	+2.9×	Jun 30, 2021
2020	$12.4B	$1B	12.4×	+5.9×	Jun 30, 2020
2019	$13.1B	$2.01B	6.5×	-7.2×	Jun 30, 2019
2018	$16.2B	$1.18B	13.7×	-1.0×	Jun 30, 2018
2017	$11.4B	$772M	14.8×	-14.6×	Jun 30, 2017
2016	$7.28B	$248M	29.4×	+20.6×	Jun 30, 2016
2015	$15.3B	$1.74B	8.8×	-3.0×	Jun 30, 2015
2014	$18.5B	$1.57B	11.8×	+2.9×	Jun 30, 2014
2013	$16.3B	$1.84B	8.9×	+5.3×	Jun 30, 2013
2012	$10.2B	$2.86B	3.6×	-10.5×	Jun 30, 2012
2011	$7.18B	$511M	14.0×	+10.1×	Jun 30, 2011
2010	$6.4B	$1.61B	4.0×	—	Jun 30, 2010
2009	$5.14B	-$3.12B	—	—	Jun 30, 2009
2008	$9.22B	$1.26B	7.3×	-5.6×	Jun 30, 2008
2007	$11.8B	$913M	12.9×	-2.3×	Jun 30, 2007
2006	$12.7B	$840M	15.2×	+2.5×	Jun 30, 2006
2005	$8.95B	$707M	12.7×	+0.3×	Jun 30, 2005
2004	$6.52B	$528M	12.4×	-1.0×	Jun 30, 2004
2003	$8.58B	$642M	13.4×	-16.9×	Jun 30, 2003
2002	$4.62B	$153M	30.2×	—	Jun 30, 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 Seagate Technology (STX) 2002-2026

P/E Ratio daily chart for Seagate Technology (STX)

Historical P/E Ratio for Seagate Technology (STX) from 2002 to 2025

About P/E Ratio at Seagate Technology (STX)

Seagate Technology P/E Ratio by Year

Seagate Technology P/E Ratio 2025: 20.4×

Seagate Technology P/E Ratio 2024: 64.7×

Seagate Technology P/E Ratio 2022: 9.2×

Seagate Technology P/E Ratio 2021: 15.3×

Seagate Technology P/E Ratio 2020: 12.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Seagate Technology (STX) Key Financials