Qualcomm (LIM:QCOM) PB Ratio: 9.01 (As of Jun. 25, 2026) — 18% Above Median


LIM:QCOM Qualcomm Inc LIM:QCOM
80 GF Score
Price $232.06
GF Value $206.12
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Qualcomm PB Ratio?

Qualcomm LIM:QCOM 80 PB Ratio is 9.01 as of Jun. 25, 2026, which is 18% above its 10-year median of 7.65. GuruFocus rates LIM:QCOM with a GF Score™ of 80/100 and a GF Value™ of $206.12 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,000 Semiconductors companies, Qualcomm ranks worse than 75.9% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), Qualcomm's share price is $232.06. Qualcomm's Book Value per Share for the quarter that ended in Mar. 2026 was $25.76. Hence, Qualcomm's PB Ratio of today is 9.01.

The historical rank and industry rank for Qualcomm's PB Ratio or its related term are showing as below:

LIM:QCOM' s PB Ratio Range Over the Past 10 Years
Min: 2.34   Med: 7.65   Max: 107.57
Current: 7.66

During the past 13 years, Qualcomm's highest PB Ratio was 107.57. The lowest was 2.34. And the median was 7.65.

LIM:QCOM's PB Ratio is ranked worse than
75.9% of 1000 companies
in the Semiconductors industry
Industry Median: 3.82 vs LIM:QCOM: 7.66

During the past 12 months, Qualcomm's average Book Value Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 31.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Qualcomm was 330.00% per year. The lowest was -68.20% per year. And the median was 17.90% per year.

Back to Basics: PB Ratio


Qualcomm  (LIM:QCOM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Qualcomm PB Ratio Related Terms


Qualcomm PB Ratio Historical Data

* Premium members only.

The historical data trend for Qualcomm's PB 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.

Qualcomm PB Ratio Chart

Qualcomm Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.59 7.79 5.53 7.19 8.59

Qualcomm Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.11 5.72 8.59 8.09 4.98

LIM:QCOM vs TXN, ADI, MRVL: PB Ratio Comparison

For the Semiconductors subindustry, Qualcomm's PB Ratio, along with its competitors' market caps and PB 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.


Qualcomm PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Qualcomm's PB Ratio distribution charts can be found below:

* The bar in red indicates where Qualcomm's PB Ratio falls into.


LIM:QCOM
80GF Score
Qualcomm Inc LIM:QCOM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualcomm PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Qualcomm's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=232.06/25.758
=9.01

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 9.01 mean?
Qualcomm (LIM:QCOM) has a PB Ratio of 9.01 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Qualcomm and its competitors. This is 18% above median its historical median of 7.65. Over the past decade, Qualcomm's PB Ratio has ranged from 2.34 to 107.57. According to the industry distribution chart, Qualcomm ranks #759 out of 1000 companies in the Semiconductors industry, placing it in the top 75.9%.
Is Qualcomm's PB Ratio too high?
Qualcomm's current PB Ratio of 9.01 is 18% above median its 10-year median of 7.65. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 107.57. The Semiconductors industry median PB Ratio is 3.82. Qualcomm's value of 9.01 is 135.9% above this industry median. Based on the distribution chart, Qualcomm ranks #759 out of 1000 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Qualcomm has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qualcomm's PB Ratio compare to TXN and ADI?
According to the Semiconductors industry distribution chart, Qualcomm ranks #759 out of 1000 companies for PB Ratio. This places Qualcomm in the lower half of its industry. The industry median PB Ratio is 3.82. Qualcomm's value of 9.01 is 135.9% above this benchmark. Historically, Qualcomm's own PB Ratio has ranged from 2.34 to 107.57 over the past decade. While the company's 10-year median is 7.65 vs. the industry median of 3.82, Qualcomm has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.82, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Qualcomm's current PB Ratio of 9.01 is 135.9% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Qualcomm and its competitors. For the Semiconductors industry, the median PB Ratio is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualcomm's current PB Ratio is 9.01, which is 18% above median its own 10-year median of 7.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualcomm stock overvalued right now?
Based on GuruFocus' analysis, Qualcomm (LIM:QCOM) is currently considered Modestly Overvalued. The stock's GF Value™ is $206.12, compared to a current price of $232.06 — trading 12.6% above its estimated fair value. The current PB Ratio is 9.01, which is 18% above median its 10-year median of 7.65 and 135.9% above the Semiconductors industry median of 3.82. Qualcomm's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Qualcomm (LIM:QCOM), the current PB Ratio is 9.01 as of Jun. 25, 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 Qualcomm (LIM:QCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Qualcomm stock appears to be overvalued. The current stock price of $232.06 is trading 12.6% above its estimated GF Value™ of $206.12. GuruFocus considers Qualcomm to be Modestly Overvalued.

Key valuation signals for LIM:QCOM:

  • PB Ratio: 9.01 (18% above median its 10-year median of 7.65)
  • GF Value™: $206.12 vs. price of $232.06 (12.6% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 135.9% above the Semiconductors median (#759 of 1000)

No single metric tells the full story. See the LIM:QCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qualcomm Business Description

Address 5775 Morehouse Drive, San Diego, CA, USA, 92121-1714
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
80GF Score

Get the complete analysis for LIM:QCOM

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$232.06
Price
$206.12
GF Value