Cisco Systems, Inc. (CSCO) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2026
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CSCO Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Cisco Systems, Inc. (CSCO) trades at a price-to-earnings ratio of 37.0x, with a stock price of $94.30 and trailing twelve-month earnings per share of $2.78.
The current P/E is 82% above its 5-year average of 20.3x. Over the past five years, CSCO's P/E has ranged from a low of 15.6x to a high of 27.2x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Technology sector median P/E of 26.7x, CSCO trades at a 38% premium to its sector peers. The sector includes 358 companies with P/E ratios ranging from 0.0x to 197.6x.
Relative to the broader market, CSCO commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our CSCO DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
CSCO P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $214B | 61.9 | 1.52 | +23% | |
| $77B | 640.9 | - | +47%Best | |
| $19B | 28.8 | 1.54 | +24% | |
| $67B | 37.0 | 1.12Best | +8% | |
| $129B | 115.0 | - | -56% | |
| $12B | 12.2Lowest | 1.22 | +29% | |
| $11B | 27.9 | - | -20% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
CSCO Historical P/E Data (1990–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | Sat Jan 24 2026 00:00:00 GM | $74.59 | $2.84 | 26.3x | -28% |
| FY2026 Q1 | Sat Oct 25 2025 00:00:00 GM | $70.63 | $2.66 | 26.6x | -27% |
| FY2025 Q4 | Sat Jul 26 2025 00:00:00 GM | $68.69 | $2.62 | 26.2x | -28% |
| FY2025 Q3 | Sat Apr 26 2025 00:00:00 GM | $56.71 | $2.45 | 23.1x | -36% |
| FY2025 Q2 | Sat Jan 25 2025 00:00:00 GM | $62.23 | $2.29 | 27.2x | -25% |
| FY2025 Q1 | Sat Oct 26 2024 00:00:00 GM | $55.74 | $2.33 | 23.9x | -34% |
| FY2024 Q4 | Wed Jul 31 2024 00:00:00 GM | $48.45 | $2.54 | 19.1x | -48% |
| FY2024 Q3 | Sat Apr 27 2024 00:00:00 GM | $47.86 | $2.97 | 16.1x | -56% |
| FY2024 Q2 | Sat Jan 27 2024 00:00:00 GM | $52.14 | $3.29 | 15.8x | -56% |
| FY2024 Q1 | Sat Oct 28 2023 00:00:00 GM | $51.56 | $3.31 | 15.6x | -57% |
| FY2023 Q4 | Mon Jul 31 2023 00:00:00 GM | $52.04 | $3.07 | 17.0x | -53% |
| FY2023 Q3 | Sat Apr 29 2023 00:00:00 GM | $47.25 | $2.78 | 17.0x | -53% |
Average P/E for displayed period: 36.4x
Full CSCO Stock Analysis
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Start ComparisonCSCO — Frequently Asked Questions
Quick answers to the most common questions about buying CSCO stock.
Is CSCO stock overvalued or undervalued?
CSCO trades at 37.0x P/E, above its 5-year average of 20.3x. The 100th percentile ranking indicates a premium to historical valuation.
How does CSCO's valuation compare to peers?
Cisco Systems, Inc. P/E of 37.0x compares to sector median of 26.7x. The premium reflects expected growth above peers.
What is CSCO's PEG ratio?
CSCO PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2026.