Intrinsiqs

Is International Business Machines Corporation overvalued?

International Business Machines Corporation (IBM) looks overvalued — trading about 32% above its fair value.

Overvalued
Current price $235.98 Fair value $159.60
Price
$235.98
Fair value
$159.60
Current P/E
21.1
Normal P/E
14.3
Market cap
$222.32B
Dividend yield
2.8%
Return on equity
33.5%
Sector
Technology

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Fair value compares IBM's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.