The PE ratio for Formfactor stock stands at 24.5 as of Dec 20, 2024. The calculation is based on the latest EPS of $1.75 and the stock price of $42.88 per share. A decrease of 29% has been observed in the PE ratio compared to its average of 34.7 of the last four quarters.
Over the last nine years, the average PE ratio of Formfactor has been 36.33. The current 24.5 P/E ratio is 33% 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.
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 lower than its 3, 5 and 10-year averages.
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 25.87.
Stock name | PE ratio | Market cap |
---|---|---|
AEHR Aehr Test Systems | 14.11 | $422.24M |
AMAT Applied Materials Inc | 18.85 | $133.11B |
FORM Formfactor Inc | 24.5 | $3.32B |
MU Micron Technology Inc | 25.75 | $100.41B |
INTT Intest Corp | 32 | $95.04M |
TER Teradyne Inc | 38.63 | $20.51B |
COHU Cohu Inc | N/A | $1.18B |
As of Dec 20, 2024, FORM stock has a price to earnings ratio of 24.5.
Over the last 3 years, the average price to earnings ratio for FORM stock is 41.16.
Over the last 5 years, the average price to earnings ratio for FORM stock is 39.43.
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 33% below 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 (Dec 20, 2024), Formfactor's share price is $42.88. 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 24.5. PE RATIO(24.5) = STOCK PRICE($42.88) / TTM EPS($1.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.