As of Jul 25, 2024, the Applied Materials stock's price-to-earnings ratio is 23.07. This results from the current EPS of $8.77 and stock price of $202.32. The PE ratio has increased by 17% from the past four quarters average of 19.7.
The PE ratio of Applied Materials has averaged 18.08 over the last ten years. The current price-to-earnings ratio of 23.07 is 28% more than the historical average. In the past ten years, AMAT's PE ratio reached its highest point in the May 2021 quarter at 27.42, when the stock price was $132.71 and the EPS was $4.84. The lowest point was recorded in the Jan 2019 quarter, when it reached 10.65 with a price of $39.19 and an EPS of $3.68.
Maximum annual increase: 78.68% in 2019
Maximum annual decrease: -71.71% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.09 | 34.31% |
| 2022 | 11.98 | -43.28% |
| 2021 | 21.12 | 36.88% |
| 2020 | 15.43 | -19.97% |
| 2019 | 19.28 | 78.68% |
| 2018 | 10.79 | -37.56% |
| 2017 | 17.28 | -5.93% |
| 2016 | 18.37 | 26.25% |
| 2015 | 14.55 | -38.99% |
| 2014 | 23.85 | -71.71% |
Currently, AMAT's PE ratio is above its 3, 5 and 10-year historical averages.
AMAT's PE ratio is less than its peer stocks LRCX and KLAC, but it is above ACLS's. Applied Materials is presently trading at a lower PE ratio (23.07) than its peer group average of 37.95.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ACLS Axcelis Technologies Inc | 16.18 | $4.02B |
| AMAT Applied Materials Inc | 23.58 | $171.19B |
| LRCX Lam Research Corp | 32.73 | $116.97B |
| KLAC Kla Corp | 41 | $106.06B |
| TER Teradyne Inc | 45.16 | $19.74B |
| SNPS Synopsys Inc | 58.37 | $83.71B |
| ASYS Amtech Systems Inc | N/A | $82.06M |
The price to earnings ratio for AMAT stock is 23.07 as of Jul 25, 2024.
As an average over the last 3 years, AMAT stock has a PE ratio of 17.72.
As an average over the last 5 years, AMAT stock has a PE ratio of 18.47.
Over the last ten years, the quarterly PE ratio reached a historic high of 27.42 in the May 2021 quarter.
AMAT's price to earnings ratio is currently 28% above its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jul 25, 2024), Applied Materials's stock price is $202.32. The earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $8.77. Therefore, Applied Materials's price to earnings ratio for today is 23.07. PE RATIO(23.07) = STOCK PRICE($202.32) / TTM EPS($8.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.