Valuation + Options Snapshot

IBM

$226.43 · 52-week range $199.19 – $332.46 · as of 2026-07-30

Value

Cheap

Volatility setup

Data incomplete

What the numbers show

  • Current P/E: 20.1× (no 5y history available).
  • FCF yield 6.5% — modest.
  • Dividend yield 2.97% — well covered by TTM FCF (2.2×).
  • YoY growth — revenue +7.9%, EPS +82.7%, FCF +12.7%.
  • Share count up 1.9% over 8 quarters — modest dilution.
  • ATM IV 44.3% (no realized-vol comparison available).
  • Liquid chain — ATM-band put OI 39,233.

Current P/E

20.1×

5y median P/E

vs 5y median

FCF yield

6.46%

Dividend yield

2.97%

Coverage (FCF / div)

2.2×

Revenue YoY

+7.9%

EPS YoY

+82.7%

FCF YoY

+12.7%

Shares Δ (8 quarters)

+1.9%

ATM implied vol

44.3%

Realized vol (1y)

IV − RV

ATM-band put OI

39,233

Range position

12% above low

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This page is not a recommendation. It shows structural numbers and classification only. Whether IBM is a name worth owning — at any price or strike — is the analyst work the paid Value Options Letter does every week.