FORM Formfactor PE ratio, current and historical analysis
The PE ratio for Formfactor stock stands at 23.3 as of Nov 21, 2024. The calculation is based on the latest EPS of $1.75 and the stock price of $40.78 per share. A decrease of 33% has been observed in the PE ratio compared to its average of 34.7 of the last four quarters.
FORM PE ratio history
Over the last nine years, the average PE ratio of Formfactor has been 36.33. The current 23.3 P/E ratio is 36% lower than the historical average. Looking back at the last nine years, FORM's PE ratio peaked in the Apr 2023 quarter at 109.83, with a price of $31.85 and an EPS of $0.29. The Dec 2018 quarter marked the lowest point at 9.87, with a price of $14.01 and an EPS of $1.42.
Formfactor PE ratio by year
Maximum annual increase: 407.4% in 2019
Maximum annual decrease: -64.06% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 39.35 | 15.06% |
| 2022 | 34.2 | -17.01% |
| 2021 | 41.21 | -1.29% |
| 2020 | 41.75 | -16.63% |
| 2019 | 50.08 | 407.4% |
| 2018 | 9.87 | -64.06% |
| 2017 | 27.46 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
FORM average PE ratio chart
The current PE ratio of FORM is lower than its 3, 5 and 10-year averages.
FORM PE vs peers
In comparison to its peers MU and TER, FORM's PE ratio is lower, but it is higher than AMAT's and AEHR's. Formfactor's PE ratio is trading below the peer average of 24.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AEHR Aehr Test Systems | 11.58 | $346.68M |
| AMAT Applied Materials Inc | 19.59 | $144.89B |
| FORM Formfactor Inc | 23.3 | $3.16B |
| TER Teradyne Inc | 32.37 | $17.19B |
| INTT Intest Corp | 32.46 | $96.4M |
| MU Micron Technology Inc | 146.8 | $113.93B |
| COHU Cohu Inc | N/A | $1.22B |
Frequently asked questions
What is Formfactor's PE ratio?
As of Nov 21, 2024, FORM stock has a price to earnings ratio of 23.3.
What is the 3-year average PE ratio for Formfactor (FORM)?
Over the last 3 years, the average price to earnings ratio for FORM stock is 41.16.
What is the 5-year average PE ratio for Formfactor (FORM)?
Over the last 5 years, the average price to earnings ratio for FORM stock is 39.43.
What is the highest PE ratio for FORM?
Over the last nine years, the quarterly PE ratio reached its highest level at 109.83 in the Apr 2023 quarter.
How does the current PE ratio for FORM compare to its historical average?
FORM's current price to earnings ratio is 36% below its 9-year historical average.
How is FORM's PE ratio calculated (Formfactor PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Formfactor's share price is $40.78. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.75. Therefore, Formfactor's PE ratio for today is 23.3. PE RATIO(23.3) = STOCK PRICE($40.78) / TTM EPS($1.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.