Texas Instruments forward PE TXN

Share price divided by analysts' consensus earnings for the next twelve months, since 1995.

Today, Oct 23, 2026: 27.0×
10-year median: 24.0×
Against its 10-year history: 63rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 18.0× to 43.0×
Peer median: 23.3×

Texas Instruments' forward PE is 27.0× as of Oct 23, 2026.

That is above its ten-year median of 24.0×, close to the middle of its last ten years.

Over that time it ranged from 18.0× in Jul 2022 to 43.0× in Nov 2024.

The median for 10 semiconductor stocks of a similar size is 23.3×.

Forward PE over time

median 24×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	27.0×	23.3×	36.0×
2025	25.2×	22.7×	40.3×
2024	37.3×	32.5×	43.0×
2023	33.6×	23.6×	33.6×
2022	22.5×	18.0×	24.5×
2021	21.8×	21.6×	26.4×
2020	24.1×	21.1×	31.4×
2019	30.6×	18.7×	30.7×
2018	18.9×	18.2×	23.7×
2017	21.2×	18.1×	22.5×
2016	21.9×	17.6×	22.6×
2015	20.7×	18.6×	24.1×
2014	21.9×	16.7×	22.2×
2013	21.0×	19.3×	22.1×
2012	20.0×	18.6×	24.9×
2011	20.4×	14.1×	22.2×
2010	13.8×	9.2×	13.9×
2009	11.6×	10.4×	23.7×
2008	21.2×	16.4×	33.6×
2007	18.6×	17.2×	21.9×

Against its peers

Companies in Semiconductors nearest Texas Instruments' size, closest first, today.

Company	Forward PE
TXNTexas Instruments	27.0×
LRCXLam Research	22.6×
AMATApplied Materials	21.3×
MRVLMarvell Technology	40.3×
KLACKLA	26.2×
ADIAnalog Devices	24.1×
QCOMQUALCOMM	19.0×
INTCIntel	50.0×
AMDAdvanced Micro Devices	45.7×
MUMicron Technology	5.0×
TELTE Connectivity	16.5×
Peer median	23.3×

Where Texas Instruments ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Texas Instruments

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.