Texas Instruments price to book ratio TXN
Market value divided by the book value of the company's net assets, since 2009.
- Today, Oct 23, 2026
- 13.6×
- 10-year median
- 10.7×
- Against its 10-year history
- 77th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 6.6× to 19.6×
- Peer median
- 9.0×
Texas Instruments' price to book ratio is 13.6× as of Oct 23, 2026.
That is above its ten-year median of 10.7×, higher than on 77% of days in the last ten years.
Over that time it ranged from 6.6× in Nov 2016 to 19.6× in Apr 2021.
The median for 10 semiconductor stocks of a similar size is 9.0×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 13.6× | 9.7× | 17.5× |
| 2025 | 9.7× | 7.9× | 12.3× |
| 2024 | 10.1× | 8.6× | 11.6× |
| 2023 | 9.3× | 7.8× | 11.6× |
| 2022 | 10.3× | 9.6× | 14.2× |
| 2021 | 14.3× | 14.2× | 19.6× |
| 2020 | 18.1× | 10.2× | 18.4× |
| 2019 | 13.4× | 8.5× | 14.3× |
| 2018 | 8.6× | 8.3× | 10.7× |
| 2017 | 9.4× | 7.2× | 9.4× |
| 2016 | 7.1× | 4.9× | 7.2× |
| 2015 | 5.6× | 4.6× | 6.0× |
| 2014 | 5.5× | 4.2× | 5.6× |
| 2013 | 4.3× | 3.1× | 4.3× |
| 2012 | 3.0× | 2.8× | 3.5× |
| 2011 | 3.0× | 2.6× | 4.3× |
| 2010 | 3.8× | 2.9× | 3.9× |
| 2009 | 3.5× | 3.1× | 3.6× |
Against its peers
Companies in Semiconductors nearest Texas Instruments' size, closest first, today.
| Company | Price to book ratio |
|---|---|
| TXNTexas Instruments | 13.6× |
| LRCXLam Research | 20.7× |
| AMATApplied Materials | 11.7× |
| MRVLMarvell Technology | 10.8× |
| KLACKLA | 30.0× |
| ADIAnalog Devices | 5.6× |
| QCOMQUALCOMM | 6.7× |
| INTCIntel | 5.0× |
| AMDAdvanced Micro Devices | 12.5× |
| MUMicron Technology | 7.2× |
| TELTE Connectivity | 4.5× |
| Peer median | 9.0× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Texas Instruments
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.