Texas Instruments Incorporated TXN

278.07 7.42 2.74% as of 25 Sep
Market cap
$249.3B
P/E
41.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Texas Instruments Incorporated (TXN) P/B ratio

As of 25 September 2026, Texas Instruments Incorporated (TXN) trades at a P/B ratio of 14.1×. Over the past ten years it has ranged from 4.4× (August 2015) to 18.9× (March 2021); the current reading is higher than 83% of that period. That is above the Semiconductors industry median of 5.5× and above the Technology sector median of 3.0×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 9.7× (4.21%)
FY2024 10.1× 11.23%
FY2023 9.1× (11.31%)
FY2022 10.3× (21.39%)
FY2021 13.0× (20.71%)
FY2020 16.5× 22.05%
FY2019 13.5× 32.28%
FY2018 10.2× 0.70%
FY2017 10.1× 43.62%
FY2016 7.0× 24.15%

Quarterly

Period P/B ratio Change
Jun 2026 15.1× 43.53%
Mar 2026 10.5× 8.53%
Dec 2025 9.7× (3.52%)
Sep 2025 10.0× (12.60%)
42 more quarters

Against its own ten years

Low 4.4× High 18.9×
Ten-year median 10.4×
Current reading's percentile 83

P/B ratio against peers

Company P/B ratio
ADI Analog Devices, Inc. compare 5.7×
INTC Intel Corporation compare 6.1×
QCOM QUALCOMM Incorporated compare 7.7×
ASX ASE Technology Holding Co., Ltd. compare 8.5×
MRVL Marvell Technology, Inc. compare 12.7×
TXN Texas Instruments Incorporated 14.1×
MPWR Monolithic Power Systems, Inc. compare 17.2×
ALAB Astera Labs, Inc. compare 36.4×
ARM ARM Holdings PLC Sponsored ADR compare 38.3×
Semiconductors industry median 5.5×
Technology sector median 3.0×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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