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AMAT Applied Materials PE ratio, current and historical analysis

As of Jun 14, 2024, the Applied Materials stock's price-to-earnings ratio is 27.03. This results from the current EPS of $8.77 and stock price of $237.03. The PE ratio has increased by 37% from the past four quarters average of 19.7.

AMAT PE ratio history

How has AMAT's PE ratio performed in the past

The PE ratio of Applied Materials has averaged 18.08 over the last ten years. The current price-to-earnings ratio of 27.03 is 50% 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.

Average
18.08
Median
17.46
Minimum
10.65
Maximum
27.42

Applied Materials PE ratio by year

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%

AMAT average PE ratio chart

What is the average PE ratio of AMAT for the past years

Currently, AMAT's PE ratio is above its 3, 5 and 10-year historical averages.

3-year avg
17.72
5-year avg
18.47
10-year avg
18.08
15-year avg
32.83

AMAT PE vs peers

What is AMAT's PE ratio compared to its peers

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 (27.03) than its peer group average of 42.77.

Stock name PE ratio Market cap
ACLS Axcelis Technologies Inc 18.16 $4.51B
AMAT Applied Materials Inc 27.03 $196.25B
LRCX Lam Research Corp 37.89 $135.45B
KLAC Kla Corp 42.94 $111.06B
TER Teradyne Inc 51.81 $22.65B
SNPS Synopsys Inc 63.06 $90.43B
ASYS Amtech Systems Inc N/A $80.56M

Frequently asked questions

What is Applied Materials's PE ratio?

The price to earnings ratio for AMAT stock is 27.03 as of Jun 14, 2024.

What is the 3-year average PE ratio for Applied Materials (AMAT)?

As an average over the last 3 years, AMAT stock has a PE ratio of 17.72.

What is the 5-year average PE ratio for Applied Materials (AMAT)?

As an average over the last 5 years, AMAT stock has a PE ratio of 18.47.

What is the highest PE ratio for AMAT?

Over the last ten years, the quarterly PE ratio reached a historic high of 27.42 in the May 2021 quarter.

How does the current PE ratio for AMAT compare to its historical average?

AMAT's price to earnings ratio is currently 50% above its 10-year historical average.

How is AMAT's PE ratio calculated (Applied Materials PE ratio formula)?

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 (Jun 14, 2024), Applied Materials's stock price is $237.03. 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 27.03. PE RATIO(27.03) = STOCK PRICE($237.03) / TTM EPS($8.77)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.