Semtech Corp (SMTC) valuation
Semtech P/E ratio history
Semtech has no meaningful price to earnings ratio at the last close, which happens when earnings over the last twelve months are negative or close to zero. At its last 7 fiscal year ends its P/E ranged from 34.5 (year to Jan 2023) to 111.7 (year to Jan 2020), with a median of 48.8.
| Fiscal year ended | Price | EPS | P/E |
|---|---|---|---|
| Jan 25, 2026 | $80.52 | -$0.46 | n/m |
| Jan 26, 2025 | $73.02 | -$2.26 | n/m |
| Jan 28, 2024 | $20.59 | -$17.03 | n/m |
| Jan 29, 2023 | $33.15 | $0.96 | 34.5 |
| Jan 30, 2022 | $67.83 | $1.92 | 35.3 |
| Jan 31, 2021 | $70.95 | $0.91 | 78.0 |
| Jan 26, 2020 | $52.52 | $0.47 | 111.7 |
| Jan 27, 2019 | $49.77 | $1.02 | 48.8 |
| Jan 28, 2018 | $36.45 | $0.55 | 66.3 |
| Jan 29, 2017 | $33.70 | $0.83 | 40.6 |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Semtech valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| SemtechSMTC | $11.9B | — | 24.9 | 10.1 |
| SitimeSITM | $11.8B | — | 34.2 | 25.2 |
| FabrinetFN | $11.7B | 25.1 | 18.0 | 2.5 |
| IonQIONQ | $11.2B | — | — | 45.5 |
| Skyworks SolutionsSWKS | $13.2B | 45.1 | 15.6 | 3.3 |
| ViasatVSAT | $10.5B | — | — | 2.3 |
| Akamai TechnologiesAKAM | $13.5B | 33.5 | 13.8 | 3.1 |
| NovaNVMI | $9.93B | 39.0 | 25.7 | 10.6 |
| DigitaloceanDOCN | $9.36B | 41.1 | 54.7 | 9.3 |
| Peer median | 39.0 | 21.8 | 6.3 |
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: SMTC financials · SMTC returns
No forecast, no recommendation. This page describes Semtech Corp 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.