Price to Earnings (P/E)
since 2007
Calculation
Super Micro Computer Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 31, 2026 | 10.98 | = | 37.28 | ÷ | 3.40 | 3.40 | = | 2,230,453 | ÷ | 656,965,384 | |
| Aug 28, 2025 | 24.91 | = | 43.97 | ÷ | 1.76 | 1.76 | = | 1,048,854 | ÷ | 594,273,308 | |
| Feb 25, 2025 | 23.45 | = | 45.54 | ÷ | 1.94 | 1.94 | = | 1,152,666 | ÷ | 593,481,352 | |
| Aug 28, 2023 | 21.10 | = | 25.52 | ÷ | 1.21 | 1.21 | = | 639,998 | ÷ | 529,059,470 | |
| Aug 29, 2022 | 12.72 | = | 6.93 | ÷ | 0.54 | 0.54 | = | 285,163 | ÷ | 523,470,390 | |
| Aug 27, 2021 | 16.15 | = | 3.57 | ÷ | 0.22 | 0.22 | = | 111,865 | ÷ | 505,904,660 | |
| Aug 31, 2020 | 17.04 | = | 2.74 | ÷ | 0.16 | 0.16 | = | 84,308 | ÷ | 524,365,480 | |
| Dec 19, 2019 | 15.81 | = | 2.27 | ÷ | 0.14 | 0.14 | = | 71,918 | ÷ | 500,852,820 | |
| Dec 19, 2019 | 24.38 | = | 2.27 | ÷ | 0.09 | 0.09 | = | 46,165 | ÷ | 495,814,460 | |
| May 17, 2019 | 14.85 | = | 1.99 | ÷ | 0.13 | 0.13 | = | 66,854 | ÷ | 498,819,140 | |
| Aug 26, 2016 | 14.46 | = | 2.14 | ÷ | 0.15 | 0.15 | = | 72,021 | ÷ | 486,564,290 | |
| Sep 10, 2015 | 12.64 | = | 2.71 | ÷ | 0.21 | 0.21 | = | 101,863 | ÷ | 475,210,650 | |
| Sep 15, 2014 | 22.18 | = | 2.63 | ÷ | 0.12 | 0.12 | = | 54,157 | ÷ | 456,751,860 | |
| Sep 11, 2013 | 26.49 | = | 1.32 | ÷ | 0.05 | 0.05 | = | 21,279 | ÷ | 427,026,050 | |
| Sep 13, 2012 | 18.42 | = | 1.32 | ÷ | 0.07 | 0.07 | = | 29,853 | ÷ | 416,541,830 | |
| Sep 2, 2011 | 12.74 | = | 1.27 | ÷ | 0.10 | 0.10 | = | 40,213 | ÷ | 403,254,040 | |
| Sep 7, 2010 | 13.73 | = | 0.99 | ÷ | 0.07 | 0.07 | = | 26,915 | ÷ | 373,190,990 | |
| Aug 31, 2009 | 17.29 | = | 0.80 | ÷ | 0.05 | 0.05 | = | 16,107 | ÷ | 348,149,880 | |
| Sep 2, 2008 | 13.14 | = | 1.01 | ÷ | 0.08 | 0.08 | = | 25,419 | ÷ | 330,750,100 | |
| Aug 28, 2007 | 13.15 | = | 0.84 | ÷ | 0.06 | 0.06 | = | 19,339 | ÷ | 302,834,340 |
Based on: 10-K (reporting date: 2026-06-30), 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Super Micro Computer Inc. Annual Report.
The financial trajectory from 2007 to 2026 is characterized by a prolonged period of stability followed by an exponential increase in both share price and earnings per share. While the share price remained under 4.00 USD for the first 14 years of the observed period, a significant acceleration occurred after 2021, peaking at 45.54 USD in February 2025 before slightly moderating to 37.28 USD by August 2026.
- Earnings Per Share (EPS) Growth
- Earnings exhibited slow, incremental growth from 0.06 USD in 2007 to 0.22 USD in 2021. A fundamental shift occurred between 2022 and 2026, where EPS rose sharply from 0.54 USD to 3.40 USD. This represents a substantial expansion in profitability that coincides with the rapid increase in share price.
- P/E Ratio Historical Trends
- The price-to-earnings ratio remained relatively range-bound between 12.64 and 18.42 for much of the early period. A notable peak occurred in September 2013, with the ratio reaching 26.49, suggesting a period of heightened market optimism relative to earnings. Throughout the subsequent decade, the ratio generally fluctuated between 12 and 24, indicating a consistent valuation multiple.
- Recent Valuation Dynamics
- Between August 2023 and August 2025, the P/E ratio trended upward from 21.10 to 24.91, reflecting a share price that grew faster than the underlying earnings. However, by August 2026, a sharp contraction in the P/E ratio to 10.98 is observed. This decline is driven by a significant surge in EPS to 3.40 USD, which outpaced the share price, resulting in the lowest valuation multiple recorded since 2007.
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Comparison to Competitors
Super Micro Computer Inc., P/E, long-term trends, comparison to competitors
| Super Micro Computer Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Lumentum Holdings Inc. | |
|---|---|---|---|---|---|---|
| Aug 31, 2026 | 10.98 | — | — | 32.53 | 17.03 | — |
| Aug 28, 2025 | 24.91 | 35.67 | 51.02 | 26.28 | 15.02 | 318.36 |
| Feb 25, 2025 | 23.45 | 35.95 | 45.95 | 19.00 | 25.12 | — |
| Aug 28, 2023 | 21.10 | 28.33 | 39.77 | 18.26 | 11.94 | — |
| Aug 29, 2022 | 12.72 | 24.82 | 32.05 | 15.78 | 7.31 | 31.19 |
| Aug 27, 2021 | 16.15 | 25.96 | 47.57 | 23.34 | 20.88 | 15.85 |
| Aug 31, 2020 | 17.04 | 32.24 | 37.42 | 15.46 | 6.21 | 46.62 |
| Dec 19, 2019 | 15.81 | 20.00 | 19.88 | 17.69 | — | — |
| Dec 19, 2019 | 24.38 | 16.07 | 60.93 | 1,964.84 | — | 17.86 |
| May 17, 2019 | 14.85 | 18.32 | 43.57 | 16.37 | — | — |
| Aug 26, 2016 | 14.46 | 13.49 | 45.89 | 14.69 | — | — |
| Sep 10, 2015 | 12.64 | 12.46 | 38.16 | 14.82 | — | — |
| Sep 15, 2014 | 22.18 | 15.60 | 52.60 | 16.14 | — | — |
| Sep 11, 2013 | 26.49 | 12.75 | — | 12.98 | — | — |
| Sep 13, 2012 | 18.42 | 13.42 | — | 12.55 | — | — |
| Sep 2, 2011 | 12.74 | 14.37 | — | 13.54 | — | — |
| Sep 7, 2010 | 13.73 | 20.16 | — | 15.56 | — | — |
| Aug 31, 2009 | 17.29 | 31.17 | — | 21.79 | — | — |
| Sep 2, 2008 | 13.14 | 19.00 | — | 16.35 | — | — |
| Aug 28, 2007 | 13.15 | 41.16 | — | 26.61 | — | — |
Based on: 10-K (reporting date: 2026-06-30), 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
Comparison to Sector (Technology Hardware & Equipment)
Super Micro Computer Inc., P/E, long-term trends, comparison to sector (technology hardware & equipment)
| Super Micro Computer Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Aug 31, 2026 | 10.98 | — |
| Aug 28, 2025 | 24.91 | 34.60 |
| Feb 25, 2025 | 23.45 | 34.39 |
| Aug 28, 2023 | 21.10 | 27.10 |
| Aug 29, 2022 | 12.72 | 23.17 |
| Aug 27, 2021 | 16.15 | 25.67 |
| Aug 31, 2020 | 17.04 | 28.13 |
| Dec 19, 2019 | 15.81 | 21.01 |
| Dec 19, 2019 | 24.38 | 19.89 |
| May 17, 2019 | 14.85 | 18.27 |
| Aug 26, 2016 | 14.46 | 13.86 |
| Sep 10, 2015 | 12.64 | 12.86 |
| Sep 15, 2014 | 22.18 | 15.77 |
| Sep 11, 2013 | 26.49 | 12.81 |
| Sep 13, 2012 | 18.42 | 13.28 |
| Sep 2, 2011 | 12.74 | 14.20 |
| Sep 7, 2010 | 13.73 | 18.52 |
| Aug 31, 2009 | 17.29 | 26.30 |
| Sep 2, 2008 | 13.14 | 17.34 |
| Aug 28, 2007 | 13.15 | 31.28 |
Based on: 10-K (reporting date: 2026-06-30), 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
Comparison to Industry (Information Technology)
Super Micro Computer Inc., P/E, long-term trends, comparison to industry (information technology)
| Super Micro Computer Inc. | Information Technology | |
|---|---|---|
| Aug 31, 2026 | 10.98 | — |
| Aug 28, 2025 | 24.91 | 40.70 |
| Feb 25, 2025 | 23.45 | 45.43 |
| Aug 28, 2023 | 21.10 | 36.13 |
| Aug 29, 2022 | 12.72 | 26.99 |
| Aug 27, 2021 | 16.15 | 29.75 |
| Aug 31, 2020 | 17.04 | 30.97 |
| Dec 19, 2019 | 15.81 | 23.40 |
| Dec 19, 2019 | 24.38 | 23.17 |
| May 17, 2019 | 14.85 | 23.55 |
| Aug 26, 2016 | 14.46 | 19.69 |
| Sep 10, 2015 | 12.64 | 16.54 |
| Sep 15, 2014 | 22.18 | 17.14 |
| Sep 11, 2013 | 26.49 | 14.15 |
| Sep 13, 2012 | 18.42 | 14.37 |
| Sep 2, 2011 | 12.74 | 13.71 |
| Sep 7, 2010 | 13.73 | 15.08 |
| Aug 31, 2009 | 17.29 | 21.50 |
| Sep 2, 2008 | 13.14 | 15.83 |
| Aug 28, 2007 | 13.15 | 36.48 |
Based on: 10-K (reporting date: 2026-06-30), 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).