AMAT Applied Materials PE ratio, current and historical analysis
As of Nov 21, 2024, the Applied Materials stock's price-to-earnings ratio is 19.59. This results from the current EPS of $8.97 and stock price of $175.75. The PE ratio has decreased by 4.2% from the past four quarters average of 20.5.
AMAT PE ratio history
The PE ratio of Applied Materials has averaged 17.87 over the last ten years. The current price-to-earnings ratio of 19.59 is 10% 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.
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
Currently, AMAT's PE ratio is above its 3, 5 and 10-year historical averages.
AMAT PE vs peers
AMAT's PE ratio is less than its peer stocks LRCX and SNPS, but it is above ACLS's. Applied Materials is presently trading at a lower PE ratio (19.59) than its peer group average of 30.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ACLS Axcelis Technologies Inc | 10.78 | $2.38B |
| AMAT Applied Materials Inc | 19.59 | $144.89B |
| LRCX Lam Research Corp | 23.59 | $94.1B |
| KLAC Kla Corp | 28.75 | $84.69B |
| TER Teradyne Inc | 32.37 | $17.19B |
| SNPS Synopsys Inc | 56.87 | $85.71B |
| ASYS Amtech Systems Inc | N/A | $81.19M |
Frequently asked questions
What is Applied Materials's PE ratio?
The price to earnings ratio for AMAT stock is 19.59 as of Nov 21, 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 17.31.
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 18.72.
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 10% 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 (Nov 21, 2024), Applied Materials's stock price is $175.75. The earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $8.97. Therefore, Applied Materials's price to earnings ratio for today is 19.59. PE RATIO(19.59) = STOCK PRICE($175.75) / TTM EPS($8.97)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.