Deswell Industries, Inc. (DSWL) P/E Ratio History
UndervaluedTrading at 5.4x vs 5Y avg 7.5x · 60th percentile · Below historical baseline · Data 1997–2026
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P/E Ratio Analysis
As of June 23, 2026, Deswell Industries, Inc. (DSWL) trades at a price-to-earnings ratio of 5.4x, with a stock price of $3.65 and trailing twelve-month earnings per share of $1.37.
The current P/E is 28% below its 5-year average of 7.5x. Over the past five years, DSWL's P/E has ranged from a low of 2.0x to a high of 36.0x, placing the current valuation at the 60th percentile of its historical range.
Compared to the Technology sector median P/E of 28.3x, DSWL trades at a 81% discount to its sector peers. The sector includes 353 companies with P/E ratios ranging from 0.0x to 189.7x.
The PEG ratio of 0.99 (P/E divided by -4% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, DSWL trades at a notable discount to the S&P 500 median P/E of 24.3x. 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 DSWL 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.
DSWL Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
DSWL P/E vs Peers
Electronics Manufacturing and Circuit Boards peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $2B | 56.2 | 14.91 | -5% | |
| $811M | 33.0 | 1.98 | -5% | |
| $574M | 14.1Lowest | 0.84 | +112% | |
| $803M | 22.4 | - | -25% | |
| $16B | 140.0 | 2.83 | +1764%Best | |
| $23B | 131.8 | - | +211% | |
| $14B | 56.8 | 3.05 | +14% | |
| $8B | 48.5 | 4.91 | +56% | |
| $40B | 63.7 | 0.83Best | -47% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
DSWL Historical P/E Data (1997–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q4 | - | $2.99 | $1.36 | 2.2x | -74% |
| FY2026 Q2 | - | $3.96 | $1.42 | 2.8x | -67% |
| FY2025 Q4 | Mar 31 2025 | $2.36 | $1.17 | 2.0x | -76% |
| FY2025 Q2 | Sep 30 2024 | $2.48 | $1.02 | 2.4x | -71% |
| FY2024 Q4 | Mar 31 2024 | $2.24 | $0.60 | 3.7x | -56% |
| FY2024 Q2 | Oct 01 2023 | $2.37 | $0.59 | 4.0x | -52% |
| FY2023 Q4 | Mar 31 2023 | $2.65 | $0.64 | 4.1x | -51% |
| FY2023 Q2 | Oct 01 2022 | $3.10 | $0.90 | 3.4x | -59% |
| FY2022 Q4 | - | $3.66 | $1.04 | 3.5x | -58% |
| FY2022 Q2 | - | $3.56 | $0.63 | 5.7x | -32% |
| FY2021 Q4 | Mar 31 2021 | $3.53 | $0.43 | 8.1x | -3% |
| FY2021 Q2 | - | $2.66 | $0.11 | 24.6x | +194% |
| FY2020 Q4 | - | $2.22 | $0.18 | 12.0x | +44% |
| FY2020 Q2 | Sep 30 2019 | $2.65 | $0.50 | 5.3x | -37% |
| FY2019 Q4 | Mar 31 2019 | $2.99 | $0.66 | 4.5x | -46% |
| FY2019 Q2 | Sep 30 2018 | $3.50 | $0.61 | 5.7x | -32% |
| FY2018 Q4 | Mar 31 2018 | $3.12 | $0.48 | 6.5x | -23% |
| FY2018 Q2 | Sep 30 2017 | $2.64 | $0.23 | 11.2x | +34% |
| FY2011 Q2 | - | $2.93 | $0.08 | 36.0x | +330% |
| FY2009 Q4 | - | $1.77 | $0.64 | 2.8x | -67% |
| FY2009 Q2 | - | $3.46 | $0.88 | 3.9x | -53% |
| FY2008 Q4 | Mar 31 2008 | $6.25 | $1.38 | 4.5x | -46% |
| FY2008 Q2 | Sep 30 2007 | $9.90 | $1.32 | 7.5x | -10% |
| FY2007 Q4 | Mar 31 2007 | $11.65 | $1.40 | 8.3x | -1% |
| FY2007 Q2 | Sep 30 2006 | $10.68 | $1.49 | 7.2x | -14% |
| FY2006 Q4 | Mar 31 2006 | $9.42 | $1.38 | 6.8x | -18% |
| FY2006 Q2 | Sep 30 2005 | $14.69 | $1.57 | 9.4x | +12% |
| FY2005 Q4 | - | $16.09 | $1.58 | 10.2x | +22% |
| FY2005 Q2 | - | $13.08 | $1.27 | 10.3x | +23% |
| FY2004 Q4 | Mar 31 2004 | $17.89 | $1.24 | 14.4x | +72% |
| FY2004 Q2 | - | $14.10 | $1.21 | 11.6x | +39% |
| FY2003 Q4 | Mar 31 2003 | $10.80 | $1.05 | 10.3x | +23% |
| FY2003 Q2 | Sep 30 2002 | $8.50 | $1.19 | 7.1x | -15% |
| FY2002 Q4 | Mar 31 2002 | $9.78 | $1.06 | 9.2x | +10% |
| FY2002 Q2 | Sep 30 2001 | $6.67 | $1.11 | 6.0x | -28% |
| FY2001 Q4 | Mar 31 2001 | $6.33 | $1.06 | 6.0x | -28% |
| FY2001 Q2 | Sep 30 2000 | $7.44 | $0.95 | 7.9x | -6% |
| FY2000 Q4 | Mar 31 2000 | $6.56 | $0.98 | 6.7x | -20% |
| FY2000 Q2 | - | $5.28 | $0.58 | 9.1x | +9% |
| FY1999 Q4 | Mar 31 1999 | $3.58 | $0.38 | 9.4x | +13% |
| FY1999 Q2 | Sep 30 1998 | $4.28 | $0.55 | 7.8x | -7% |
| FY1998 Q4 | - | $9.22 | $0.48 | 19.1x | +129% |
| FY1998 Q2 | - | $10.89 | $0.71 | 15.3x | +83% |
| FY1997 Q4 | Mar 31 1997 | $8.00 | $0.85 | 9.4x | +13% |
Average P/E for displayed period: 8.4x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
29+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
DSWL — Frequently Asked Questions
Quick answers to the most common questions about buying DSWL stock.
What is DSWL's P/E ratio?
Deswell Industries, Inc. (DSWL) trailing twelve-month P/E ratio is 5.4x, based on TTM diluted EPS of $1.37. The 5-year average P/E is 7.5x and the historical range spans 2.0x to 36.0x.
Is DSWL stock overvalued or undervalued?
DSWL trades at 5.4x P/E, below its 5-year average of 7.5x. At the 60th percentile of its historical range (2.0x–36.0x), the stock is priced at a discount to its own history.
Is DSWL stock expensive?
No, DSWL is not expensive on a historical basis. The current P/E of 5.4x is below the 5-year average of 7.5x and sits at the 60th percentile of its valuation range.
What is DSWL's historical P/E range?
Over the past 5 years, DSWL's P/E ratio has ranged from 2.0x to 36.0x, with a median of 4.5x and an average of 7.5x. The current P/E of 5.4x places the stock at the 60th percentile of this range. Full historical data spans 1997–2026.
How does DSWL's P/E compare to the S&P 500?
DSWL trades at 5.4x P/E versus the S&P 500 median of 24.3x. The 78% discount to the market suggests lower growth expectations or perceived higher risk.
How does DSWL's valuation compare to Technology peers?
Deswell Industries, Inc. P/E of 5.4x compares to the Technology sector median of 28.3x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is DSWL's PEG ratio?
DSWL PEG ratio is 0.99, based on a P/E of 5.4x and EPS growth of -4.3%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is DSWL's earnings yield?
DSWL earnings yield is 18.36%, the inverse of its 5.4x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.