Price to Earnings (P/E)
since 2005
Calculation
Texas Instruments Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2, 2024 | 22.24 | = | 159.20 | ÷ | 7.16 | 7.16 | = | 6,510 | ÷ | 909,287,673 | |
| Feb 3, 2023 | 18.88 | = | 182.29 | ÷ | 9.65 | 9.65 | = | 8,749 | ÷ | 906,205,795 | |
| Feb 4, 2022 | 20.38 | = | 171.42 | ÷ | 8.41 | 8.41 | = | 7,769 | ÷ | 923,547,062 | |
| Feb 5, 2021 | 27.95 | = | 169.93 | ÷ | 6.08 | 6.08 | = | 5,595 | ÷ | 920,239,191 | |
| Feb 20, 2020 | 24.47 | = | 131.47 | ÷ | 5.37 | 5.37 | = | 5,017 | ÷ | 933,975,619 | |
| Feb 22, 2019 | 18.05 | = | 107.31 | ÷ | 5.95 | 5.95 | = | 5,580 | ÷ | 938,484,603 | |
| Feb 22, 2018 | 27.77 | = | 103.93 | ÷ | 3.74 | 3.74 | = | 3,682 | ÷ | 983,787,502 | |
| Feb 23, 2017 | 21.45 | = | 77.14 | ÷ | 3.60 | 3.60 | = | 3,595 | ÷ | 999,639,733 | |
| Feb 24, 2016 | 17.66 | = | 52.46 | ÷ | 2.97 | 2.97 | = | 2,986 | ÷ | 1,005,257,723 | |
| Feb 24, 2015 | 21.89 | = | 58.96 | ÷ | 2.69 | 2.69 | = | 2,821 | ÷ | 1,047,142,301 | |
| Feb 24, 2014 | 22.29 | = | 44.45 | ÷ | 1.99 | 1.99 | = | 2,162 | ÷ | 1,084,213,991 | |
| Feb 22, 2013 | 21.47 | = | 34.18 | ÷ | 1.59 | 1.59 | = | 1,759 | ÷ | 1,104,787,389 | |
| Feb 24, 2012 | 17.06 | = | 33.32 | ÷ | 1.95 | 1.95 | = | 2,236 | ÷ | 1,144,971,512 | |
| Feb 25, 2011 | 12.93 | = | 35.62 | ÷ | 2.75 | 2.75 | = | 3,228 | ÷ | 1,172,051,474 | |
| Feb 23, 2010 | 20.53 | = | 24.30 | ÷ | 1.18 | 1.18 | = | 1,470 | ÷ | 1,241,888,536 | |
| Feb 24, 2009 | 10.17 | = | 15.29 | ÷ | 1.50 | 1.50 | = | 1,920 | ÷ | 1,276,555,254 | |
| Feb 26, 2008 | 15.55 | = | 31.15 | ÷ | 2.00 | 2.00 | = | 2,657 | ÷ | 1,326,319,251 | |
| Feb 28, 2007 | 10.29 | = | 30.96 | ÷ | 3.01 | 3.01 | = | 4,341 | ÷ | 1,443,427,201 | |
| Feb 28, 2006 | 20.56 | = | 29.85 | ÷ | 1.45 | 1.45 | = | 2,324 | ÷ | 1,600,342,965 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Texas Instruments Inc. Annual Report.
Comparison to Competitors
Texas Instruments Inc., P/E, long-term trends, comparison to competitors
| Texas Instruments Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | First Solar Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2, 2024 | 22.24 | 317.27 | 27.14 | 19.63 | 36.78 | 18.65 | 109.27 | 20.04 | 19.26 | — | 131.70 | 17.07 |
| Feb 3, 2023 | 18.88 | 96.16 | 31.21 | 13.55 | 20.70 | — | 14.54 | 16.89 | 13.77 | 6.62 | 68.08 | 9.75 |
| Feb 4, 2022 | 20.38 | 45.54 | 68.31 | 22.05 | 40.73 | 17.16 | 10.59 | 25.97 | 21.03 | 13.38 | 78.54 | 17.15 |
| Feb 5, 2021 | 27.95 | 41.66 | 41.43 | 22.31 | 66.38 | 21.56 | 11.02 | 25.92 | 24.23 | 21.80 | 67.59 | 28.06 |
| Feb 20, 2020 | 24.47 | 169.62 | 31.04 | 20.25 | 47.09 | — | 13.91 | 18.44 | 13.64 | 7.98 | 22.77 | 22.03 |
| Feb 22, 2019 | 18.05 | 68.76 | 22.17 | 9.75 | 8.14 | 39.05 | 10.41 | 23.02 | 11.70 | 3.40 | 48.05 | — |
| Feb 22, 2018 | 27.77 | 282.39 | 44.94 | 16.16 | 63.27 | — | 22.15 | 15.04 | 15.33 | 9.20 | 36.34 | 31.96 |
| Feb 23, 2017 | 21.45 | — | 26.07 | 20.68 | — | — | 16.72 | 17.19 | 15.81 | — | 28.95 | 17.37 |
| Feb 24, 2016 | 17.66 | — | 27.06 | 15.88 | 28.48 | 12.93 | 11.85 | 22.52 | 17.37 | 6.25 | 19.88 | 17.18 |
| Feb 24, 2015 | 21.89 | — | 27.51 | 27.87 | 98.35 | 14.79 | 13.90 | 20.53 | 18.20 | 11.39 | 22.17 | 16.11 |
| Feb 24, 2014 | 22.29 | — | 23.06 | 78.13 | 23.31 | 14.87 | 12.80 | 17.83 | 66.48 | 14.78 | 14.02 | 17.19 |
| Feb 22, 2013 | 21.47 | — | 18.56 | 118.67 | 13.97 | — | 9.48 | 11.46 | 37.82 | — | 15.69 | 16.21 |
| Feb 24, 2012 | 17.06 | 10.61 | 11.45 | 7.52 | 12.75 | — | 10.29 | 7.61 | 6.16 | 32.47 | 41.12 | 20.59 |
| Feb 25, 2011 | 12.93 | 13.36 | 15.08 | 18.91 | 15.37 | 19.06 | 10.60 | 25.53 | 13.40 | 4.16 | — | 22.76 |
| Feb 23, 2010 | 20.53 | 17.53 | 35.03 | — | — | 15.06 | 26.39 | — | — | — | — | 46.01 |
| Feb 24, 2009 | 10.17 | — | 6.28 | 14.45 | — | 25.23 | 12.70 | 18.23 | 10.91 | — | 13.91 | 17.31 |
| Feb 26, 2008 | 15.55 | — | 18.79 | 14.37 | — | 105.09 | 16.91 | 21.96 | 6.95 | — | 22.62 | 19.70 |
| Feb 28, 2007 | 10.29 | — | 20.98 | 16.71 | — | 938.14 | 23.84 | 25.83 | 17.41 | 25.89 | 27.68 | 24.33 |
| Feb 28, 2006 | 20.56 | 118.04 | 33.33 | 25.22 | — | — | 13.93 | 20.82 | 13.36 | 45.76 | 42.67 | 30.98 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Texas Instruments Inc., P/E, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Texas Instruments Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Feb 2, 2024 | 22.24 | 47.88 |
| Feb 3, 2023 | 18.88 | 23.13 |
| Feb 4, 2022 | 20.38 | 24.47 |
| Feb 5, 2021 | 27.95 | 25.21 |
| Feb 20, 2020 | 24.47 | 19.42 |
| Feb 22, 2019 | 18.05 | 13.93 |
| Feb 22, 2018 | 27.77 | 24.46 |
| Feb 23, 2017 | 21.45 | 25.89 |
| Feb 24, 2016 | 17.66 | 15.14 |
| Feb 24, 2015 | 21.89 | 17.22 |
| Feb 24, 2014 | 22.29 | 17.03 |
| Feb 22, 2013 | 21.47 | 15.88 |
| Feb 24, 2012 | 17.06 | 12.90 |
| Feb 25, 2011 | 12.93 | 13.57 |
| Feb 23, 2010 | 20.53 | 50.99 |
| Feb 24, 2009 | 10.17 | 20.90 |
| Feb 26, 2008 | 15.55 | 23.61 |
| Feb 28, 2007 | 10.29 | 20.31 |
| Feb 28, 2006 | 20.56 | 20.37 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Texas Instruments Inc., P/E, long-term trends, comparison to industry (information technology)
| Texas Instruments Inc. | Information Technology | |
|---|---|---|
| Feb 2, 2024 | 22.24 | 35.72 |
| Feb 3, 2023 | 18.88 | 27.05 |
| Feb 4, 2022 | 20.38 | 29.31 |
| Feb 5, 2021 | 27.95 | 31.09 |
| Feb 20, 2020 | 24.47 | 22.67 |
| Feb 22, 2019 | 18.05 | 23.23 |
| Feb 22, 2018 | 27.77 | 23.57 |
| Feb 23, 2017 | 21.45 | 19.57 |
| Feb 24, 2016 | 17.66 | 16.46 |
| Feb 24, 2015 | 21.89 | 17.02 |
| Feb 24, 2014 | 22.29 | 14.09 |
| Feb 22, 2013 | 21.47 | 14.45 |
| Feb 24, 2012 | 17.06 | 13.82 |
| Feb 25, 2011 | 12.93 | 15.09 |
| Feb 23, 2010 | 20.53 | 21.36 |
| Feb 24, 2009 | 10.17 | 15.77 |
| Feb 26, 2008 | 15.55 | 36.48 |
| Feb 28, 2007 | 10.29 | 31.99 |
| Feb 28, 2006 | 20.56 | 33.65 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).