Texas Instruments Incorporated (TXN) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2026
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TXN Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 7, 2026, Texas Instruments Incorporated (TXN) trades at a price-to-earnings ratio of 53.1x, with a stock price of $289.44 and trailing twelve-month earnings per share of $5.87.
The current P/E is 97% above its 5-year average of 27.0x. Over the past five years, TXN's P/E has ranged from a low of 16.2x to a high of 38.4x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Technology sector median P/E of 27.5x, TXN trades at a 93% premium to its sector peers. The sector includes 357 companies with P/E ratios ranging from 0.0x to 175.4x.
Relative to the broader market, TXN commands a significant premium over the S&P 500 median P/E of 25.2x. 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 TXN 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.
TXN P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $203B | 91.2 | 13.38 | +39% | |
| $52B | 321.9 | - | -89% | |
| $77B | 38.2 | 0.34Best | -18% | |
| $41B | 364.7 | - | -92% | |
| $10B | 21.1Lowest | - | -17% | |
| $8B | 24.6 | - | +524%Best | |
| $81B | 129.6 | 4.39 | -65% | |
| $5B | 81.2 | - | +51% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
TXN 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 Q1 | $194.14 | $5.85 | 33.2x | -6% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $173.49 | $5.44 | 31.9x | -10% |
| FY2025 Q3 | $183.73 | $5.47 | 33.6x | -5% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $207.62 | $5.46 | 38.0x | +8% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $179.70 | $5.27 | 34.1x | -3% |
| FY2024 Q4 | $187.51 | $5.19 | 36.1x | +2% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $206.57 | $5.38 | 38.4x | +9% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $194.53 | $5.76 | 33.8x | -4% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $174.21 | $6.41 | 27.2x | -23% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $170.46 | $7.06 | 24.1x | -32% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $159.01 | $7.70 | 20.7x | -42% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $180.02 | $8.32 | 21.6x | -39% |
Average P/E for displayed period: 35.3x
Full TXN Stock Analysis
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Launch CalculatorIs TXN Undervalued?
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View ValuationCompare TXN vs NVDA
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Start ComparisonTXN — Frequently Asked Questions
Quick answers to the most common questions about buying TXN stock.
Is TXN stock overvalued or undervalued?
TXN trades at 53.1x P/E, above its 5-year average of 27.0x. The 100th percentile ranking indicates a premium to historical valuation.
How does TXN's valuation compare to peers?
Texas Instruments Incorporated P/E of 53.1x compares to sector median of 27.5x. The premium reflects expected growth above peers.
What is TXN's PEG ratio?
TXN PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2026.