Cisco (CSCO) valuation
Cisco P/E ratio history
Cisco trades at 31.4 times its earnings over the last twelve months and 20.3 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 16.1 (year to Jul 2022) to 34.3 (year to Jul 2026), with a median of 18.9.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Jul 25, 2026 | $114.17 | $3.33 | 34.3 | 24.7 |
| Jul 26, 2025 | $68.69 | $2.55 | 26.9 | 17.4 |
| Jul 27, 2024 | $47.88 | $2.54 | 18.9 | 13.3 |
| Jul 29, 2023 | $52.09 | $3.07 | 17.0 | 13.1 |
| Jul 30, 2022 | $45.37 | $2.82 | 16.1 | 13.0 |
| Jul 31, 2021 | $55.37 | $2.50 | 22.2 | 16.5 |
| Jul 25, 2020 | $46.40 | $2.63 | 17.6 | — |
| Jul 27, 2019 | $56.53 | $2.60 | 21.7 | — |
| Jul 28, 2018 | $42.57 | — | n/m | — |
| Jul 29, 2017 | $31.52 | $1.91 | 16.5 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Cisco valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| CiscoCSCO | $412B | 31.4 | 20.3 | 6.5 |
| Arista NetworksANET | $213B | 53.4 | 36.2 | 20.2 |
| Motorola SolutionsMSI | $81.6B | 38.7 | 26.4 | 6.7 |
| LumentumLITE | $65.4B | — | 38.5 | 21.7 |
| NokiaNOK | $48.0B | 66.2 | — | 2.1 |
| CienaCIEN | $45.4B | 71.6 | 30.0 | 7.5 |
| Astera LabsALAB | $44.3B | 128.1 | 49.6 | 36.9 |
| CoherentCOHR | $41.1B | 51.1 | 22.4 | 5.8 |
| Credo TechnologyCRDO | $28.2B | 53.2 | 21.0 | 17.7 |
| Peer median | 53.4 | 30.0 | 12.6 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: CSCO financials · CSCO returns
No forecast, no recommendation. This page describes Cisco from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.