AMAT
Applied Materials
PEG ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: AMAT
- PEG Ratio
As of Jun 22, 2026, AMAT's PEG ratio of 2.04 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 59.83 measured against EPS growth of 29.4%.
AMAT PEG ratio history
Applied Materials's ten years historical PEG ratio averages out to 4.7. Compared to historical data, AMAT's 2.04 PEG ratio represents a decrease of 57%. AMAT hit its maximum PEG ratio of 87.53 during the Oct 2025 quarter over the last ten years. The Apr 2017 quarter marked the lowest reading at 0.13, indicating the most attractive growth-adjusted valuation.
Applied Materials PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 87.53 | 26.26 | 0.3% |
| 2024 | 3.36 | 21.49 | 6.4% |
| 2023 | 1.81 | 16.09 | 8.9% |
| 2022 | 0.76 | 11.98 | 15.8% |
| 2021 | 0.33 | 21.12 | 63.8% |
| 2020 | 0.42 | 15.43 | 36.7% |
| 2019 | N/A | 19.28 | -3.7% |
| 2018 | N/A | 10.79 | -8.5% |
| 2017 | 0.16 | 17.28 | 110.3% |
| 2016 | 0.48 | 18.37 | 38.1% |
| 2015 | 0.51 | 14.55 | 28.4% |
| 2014 | 0.07 | 23.85 | 319% |
| 2013 | 0.63 | 84.31 | 133.3% |
| 2012 | N/A | 118.33 | -93.8% |
| 2011 | 0.08 | 8.64 | 108.6% |
Applied Materials PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Apr 2026 | 1.33 | 38.98 | 29.4% |
| Jan 2026 | 1.21 | 32.86 | 27.2% |
| Oct 2025 | 87.53 | 26.26 | 0.3% |
| Jul 2025 | N/A | 22 | -5.9% |
| Apr 2025 | N/A | 18.33 | -5.7% |
| Jan 2025 | N/A | 24.22 | -9.9% |
| Oct 2024 | 3.36 | 21.49 | 6.4% |
| Jul 2024 | 1.3 | 23.02 | 17.7% |
| Apr 2024 | 1.54 | 23.19 | 15.1% |
| Jan 2024 | 1.38 | 19.5 | 14.1% |
| Oct 2023 | 1.81 | 16.09 | 8.9% |
| Jul 2023 | 16.62 | 19.94 | 1.2% |
| Apr 2023 | 18.54 | 14.83 | 0.8% |
| Jan 2023 | 4.55 | 15 | 3.3% |
| Oct 2022 | 0.76 | 11.98 | 15.8% |
AMAT average PEG ratio chart
Measured against past performance, AMAT's PEG ratio comes in under the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 2.04, AMAT ranks higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 0.75, Applied Materials's PEG is 172% higher.
AMAT EPS growth
AMAT Price vs fair value
AMAT PEG vs peers
Relative to its peers, AMAT's PEG ratio is below KLAC's yet above LRCX's and TER's. Applied Materials's PEG ratio of 2.04 is above the peer average of 1.76.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| ASYS Amtech Systems Inc | 1.03 | $290.13M |
| LRCX Lam Research Corp | 1.46 | $460.71B |
| TER Teradyne Inc | 1.49 | $64.87B |
| AMAT Applied Materials Inc | 1.84 | $460.57B |
| KLAC Kla Corp | 2.4 | $317.82B |
| ACLS Axcelis Technologies Inc | N/A | $5.23B |
| SNPS Synopsys Inc | N/A | $90.02B |
Frequently asked questions
What is Applied Materials's PEG ratio?
AMAT's Jun 22, 2026 PEG ratio comes in at 2.04.
What is the 3-year average PEG ratio for Applied Materials (AMAT)?
Across the past 3 years, AMAT's PEG ratio has centered around 12.9.
What is the 5-year average PEG ratio for Applied Materials (AMAT)?
Across the past 5 years, AMAT's PEG ratio has centered around 8.33.
What is the highest PEG ratio for AMAT?
In the last ten years, AMAT's peak PEG ratio of 87.53 occurred in the Oct 2025 quarter.
How does the current PEG ratio for AMAT compare to its historical average?
At present, AMAT's PEG ratio runs 57% lower than its 10-year historical average.
Why is Applied Materials's PEG ratio so high?
Slow earnings growth combined with a rich valuation drives AMAT's PEG ratio to 2.04.
How is AMAT's PEG ratio calculated (Applied Materials PEG ratio formula)?
PEG equals PE divided by EPS growth rate (YoY TTM). As of Jun 22, 2026, Applied Materials carries a PE ratio of 59.83. Earnings grew at 29.4% over the TTM period ending Apr 2026. Applying the formula, this yields a PEG ratio of 2.04. PEG RATIO(2.04) = PE RATIO(59.83) / EPS GROWTH(29.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.