The PE ratio for Formfactor stock stands at 38.53 as of Jul 26, 2024. The calculation is based on the latest EPS of $1.33 and the stock price of $51.24 per share.
Over the last nine years, the average PE ratio of Formfactor has been 36.61. The current 38.53 P/E ratio is 5% higher 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.
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 |
The current PE ratio of FORM is higher than its 10-year average, but it is lower than its 3 and 5-year averages.
In comparison to its peer TER, FORM's PE ratio is lower, but it is higher than AMAT's and AEHR's. Formfactor's PE ratio is trading above the peer average of 30.01.
| Stock name | PE ratio | Market cap |
|---|---|---|
| INTT Intest Corp | 17.6 | $136.26M |
| AMAT Applied Materials Inc | 23.54 | $170.95B |
| AEHR Aehr Test Systems | 33.74 | $517M |
| FORM Formfactor Inc | 38.53 | $3.95B |
| TER Teradyne Inc | 45.16 | $19.74B |
| COHU Cohu Inc | N/A | $1.48B |
| MU Micron Technology Inc | N/A | $121.32B |
As of Jul 26, 2024, FORM stock has a price to earnings ratio of 38.53.
Over the last 3 years, the average price to earnings ratio for FORM stock is 43.08.
Over the last 5 years, the average price to earnings ratio for FORM stock is 38.68.
Over the last nine years, the quarterly PE ratio reached its highest level at 109.83 in the Apr 2023 quarter.
FORM's current price to earnings ratio is 5% above its 9-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 26, 2024), Formfactor's share price is $51.24. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.33. Therefore, Formfactor's PE ratio for today is 38.53. PE RATIO(38.53) = STOCK PRICE($51.24) / TTM EPS($1.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.