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SMCI logoSuper Micro Computer, Inc. (SMCI) P/E Ratio History

Historical price-to-earnings valuation from 2007 to 2026

Current P/E
20.0
Fair Value
5Y Avg P/E
22.0
-9% vs avg
PE Percentile
50%
Average
PEG Ratio
0.33
Attractive
TTM EPS$2.64
Price$33.62
5Y PE Range6.7 - 54.9
Earnings Yield5.00%

Loading P/E history...

SMCI Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
20.0vs22.0
-9%
In Line with History
vs. Technology
20.0vs27.7
-28%
Below Sector
vs. S&P 500
20.0vs25.1
-20%
Below Market
PEG Analysis
0.33
P/E ÷ EPS Growth
PEG < 1 = Attractive
Based on 0% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 8, 2026, Super Micro Computer, Inc. (SMCI) trades at a price-to-earnings ratio of 20.0x, with a stock price of $33.62 and trailing twelve-month earnings per share of $2.64.

The current P/E is roughly in line with its 5-year average of 22.0x. Over the past five years, SMCI's P/E has ranged from a low of 6.7x to a high of 54.9x, placing the current valuation at the 50th percentile of its historical range.

Compared to the Technology sector median P/E of 27.7x, SMCI trades at a 28% discount to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 184.2x.

The PEG ratio of 0.33 (P/E divided by 0% 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, SMCI trades at a notable discount to 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 SMCI 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.

SMCI P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
NTAP logoNTAPNetApp, Inc.
$22B19.9Lowest1.99+22%
PSTG logoPSTGPure Storage, Inc.
$22B142.5-+52%
WDFC logoWDFCWD-40 Company
$4B31.43.59+31%
ZBRA logoZBRAZebra Technologies Corporation
$11B27.9--20%
SANM logoSANMSanmina Corporation
$13B53.22.99+14%
JBL logoJBLJabil Inc.
$38B59.10.78-47%
CLS logoCLSCelestica Inc.
$44B52.80.72+102%Best
NVDA logoNVDANVIDIA Corporation
$5.1T43.20.45Best+67%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

SMCI Historical P/E Data (2007–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2026 Q3$22.77$1.9012.0x-37%
FY2026 Q2Wed Dec 31 2025 00:00:00 GM$29.27$1.3421.8x+15%
FY2026 Q1$47.94$1.2438.7x+103%
FY2025 Q4Mon Jun 30 2025 00:00:00 GM$49.01$1.1542.6x+124%
FY2025 Q3Mon Mar 31 2025 00:00:00 GM$34.24$1.3525.4x+33%
FY2025 Q2$30.48$1.8516.5x-13%
FY2025 Q1Mon Sep 30 2024 00:00:00 GM$41.64$1.9021.9x+15%
FY2024 Q4Sun Jun 30 2024 00:00:00 GM$81.94$2.0140.8x+114%
FY2024 Q3Sun Mar 31 2024 00:00:00 GM$101.00$1.8454.9x+188%
FY2024 Q2Sun Dec 31 2023 00:00:00 GM$28.43$1.3221.5x+13%
FY2024 Q1Sat Sep 30 2023 00:00:00 GM$27.42$1.0825.4x+33%
FY2023 Q4Fri Jun 30 2023 00:00:00 GM$24.93$1.1421.9x+15%

Average P/E for displayed period: 19.0x

Full SMCI Stock Analysis

Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.

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See SMCI's True Return

Price is only half the story. See total return with reinvested dividends.

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Is SMCI Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare SMCI vs NVDA

Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.

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SMCI — Frequently Asked Questions

Quick answers to the most common questions about buying SMCI stock.

Is SMCI stock overvalued or undervalued?

SMCI trades at 20.0x P/E, near its 5-year average of 22.0x. The 50th percentile ranking places valuation within normal historical bounds.

How does SMCI's valuation compare to peers?

Super Micro Computer, Inc. P/E of 20.0x compares to sector median of 27.7x. The discount suggests lower growth expectations or higher risk.

What is SMCI's PEG ratio?

SMCI PEG ratio is 0.33. Below 1.0 indicates valuation is supported by earnings growth rate. Historical P/E data spans 2007-2026.

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SMCI P/E Ratio History (2007–2026)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.