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SemtechMEX:SMTC 55 Forward PE Ratio is 48.54 as of Jul. 19, 2026. GuruFocus rates MEX:SMTC with a GF Score™ of 55/100 and a GF Value™ of MXN677.94 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 548 Semiconductors companies, Semtech ranks worse than 67.34% on this metric.
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Semtech Forward PE Ratio Related Terms
Semtech Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Semtech's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Semtech Forward PE Ratio Chart
Semtech Annual Data
Trend
2021-01
2025-01
2026-01
Forward PE Ratio
30.86
35.54
35.52
Semtech Quarterly Data
2021-01
2021-04
2021-07
2022-04
2022-07
2024-07
2024-10
2025-01
2025-04
2025-07
2025-10
2026-01
2026-04
Forward PE Ratio
30.86
33.00
27.10
18.38
16.67
62.11
20.06
35.54
22.69
23.64
34.22
35.52
49.02
MEX:SMTC vs RMBS, ALGM, SIMO: Forward PE Ratio Comparison
For the Semiconductors subindustry, Semtech's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Semtech Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Semtech's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Semtech's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Semtech (MEX:SMTC) has a Forward PE Ratio of 48.54 as of Jul. 19, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Semtech and its competitors. According to the industry distribution chart, Semtech ranks #369 out of 548 companies in the Semiconductors industry, placing it in the top 67.3%.
Is Semtech's Forward PE Ratio too high?
Semtech's current Forward PE Ratio is 48.54. The Semiconductors industry median Forward PE Ratio is 31.31. Semtech's value of 48.54 is 55% above this industry median. Based on the distribution chart, Semtech ranks #369 out of 548 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Semtech has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semtech's Forward PE Ratio compare to RMBS and ALGM?
According to the Semiconductors industry distribution chart, Semtech ranks #369 out of 548 companies for Forward PE Ratio. This places Semtech in the lower half of its industry. The industry median Forward PE Ratio is 31.31. Semtech's value of 48.54 is 55% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 31.31, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Semtech's current Forward PE Ratio of 48.54 is 55% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Semtech and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 31.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Semtech's current Forward PE Ratio is 48.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semtech stock overvalued right now?
Based on GuruFocus' analysis, Semtech (MEX:SMTC) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN677.94, compared to a current price of MXN2,230.00 — trading 228.9% above its estimated fair value. The current Forward PE Ratio is 48.54 and 55% above the Semiconductors industry median of 31.31. Semtech's overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Semtech (MEX:SMTC), the current Forward PE Ratio is 48.54 as of Jul. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Semtech (MEX:SMTC) Overvalued in 2026?
Based on GuruFocus' analysis, Semtech stock appears to be overvalued.
The current stock price of MXN2,230.00 is trading 228.9% above its estimated GF Value™ of MXN677.94.
GuruFocus considers Semtech to be Significantly Overvalued.
Key valuation signals for MEX:SMTC:
Forward PE Ratio: 48.54
GF Value™: MXN677.94 vs. price of MXN2,230.00 (228.9% above fair value)
Industry Position: 55% above the Semiconductors median (#369 of 548)
No single metric tells the full story. See the MEX:SMTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Semtech Corp is a provider of high-performance semiconductors powering data center networking, Internet of Things ("IoT") connectivity, and cellular infrastructure solutions. The company designs, develops, manufactures, and markets a diverse portfolio of products for commercial applications, addressing the infrastructure, high-end consumer, and industrial end markets. The company operates in four reportable segments: Signal Integrity, Analog Mixed Signal and Wireless, IoT Systems, and Connected Services. The majority of the company's revenue is earned through the Analog Mixed Signal and Wireless segment. Geographically, the majority of the company's revenue is earned from the Asia Pacific region; the company also operates in North America and Europe.
55GF Score
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