Qualcomm Inc (QCOM) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communica...
Qualcomm Inc (QCOM) currently trades at a P/E ratio of 19.85 (historical range: 9.18–36.69, median: 16.66), placing it at the 65th percentile — above its historical average, P/S ratio of 4.17 (range: 2.80–7.04, 51th percentile — near its historical average), EV/EBITDA of 18.67 (range: 8.43–30.34, 70th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Qualcomm Inc's P/E ratio has expanded by 32% over the observed period (from an average of 15.4 to 20.3).
Qualcomm Inc trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 19.85 | 16.66 | 65th | above its historical average |
| P/S Ratio | 4.17 | 4.15 | 51th | near its historical average |
| EV/EBITDA | 18.67 | 15.27 | 70th | above its historical average |
| FCF Yield | 5.67% | 5.74% | 48th | near its historical average |
Qualcomm Inc (QCOM) Valuation & P/E History
Qualcomm Inc (QCOM) is a US-listed stock operating in the Technology sector, specifically the Semiconductors industry currently trading at $171.55 with a market capitalization of $183.2 billion. This page provides historical valuation analysis for QCOM based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 19.85 is above the historical median of 16.66, placing QCOM at the 65th percentile of its valuation range. The P/S ratio of 4.17 compares to a median of 4.15.
QCOM Valuation Metrics & Historical Range
The valuation table above shows Qualcomm Inc's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether QCOM is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests QCOM is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Qualcomm Inc.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is QCOM Overvalued or Undervalued?
Qualcomm Inc trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 62 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive QCOM is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full QCOM analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.QCOM trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.