PLAB
Photronics
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: PLAB
- PE Ratio
The PE ratio for Photronics stock stands at 10.46 as of Jul 13, 2026. This takes into account the latest EPS of $2.73 and stock price of $28.56. A decrease of 23% has been observed in the PE ratio compared to its average of 13.7 of the last four quarters.
PLAB PE ratio history
Over the last ten years, the average PE ratio of Photronics has been 18.6. The current 10.46 P/E ratio is 44% lower than the historical average. Looking back at the last ten years, PLAB's PE ratio peaked in the Jul 2017 quarter at 52.63, with a price of $10 and an EPS of $0.19. The Apr 2023 quarter marked the lowest point at 7.23, with a price of $14.46 and an EPS of $2.
Photronics PE ratio by year
Maximum annual increase: 246.86% in 2017
Maximum annual decrease: -68.23% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 10.44 | -2.88% | $23.9 | $2.29 |
| 2024 | 10.75 | 19.98% | $22.8 | $2.12 |
| 2023 | 8.96 | 8.21% | $18.36 | $2.05 |
| 2022 | 8.28 | -42.62% | $16.22 | $1.96 |
| 2021 | 14.43 | -23.04% | $12.99 | $0.9 |
| 2020 | 18.75 | -28.49% | $9.75 | $0.52 |
| 2019 | 26.22 | 64.18% | $11.8 | $0.45 |
| 2018 | 15.97 | -68.23% | $9.74 | $0.61 |
| 2017 | 50.26 | 246.86% | $9.55 | $0.19 |
| 2016 | 14.49 | 1.26% | $9.85 | $0.68 |
| 2015 | 14.31 | -33.13% | $9.59 | $0.67 |
| 2014 | 21.4 | -22.46% | $8.99 | $0.42 |
| 2013 | 27.6 | 162.86% | $8.28 | $0.3 |
| 2012 | 10.5 | -54.7% | $4.83 | $0.46 |
| 2011 | 23.18 | 65.81% | $6.49 | $0.28 |
Photronics PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| May 2026 | 18.37 | 24.37% | $50.16 | $2.73 |
| Feb 2026 | 14.77 | 41.48% | $34.57 | $2.34 |
| Oct 2025 | 10.44 | -5.61% | $23.9 | $2.29 |
| Aug 2025 | 11.06 | 12.17% | $19.79 | $1.79 |
| May 2025 | 9.86 | 2.49% | $19.22 | $1.95 |
| Feb 2025 | 9.62 | -10.51% | $22.99 | $2.39 |
| Oct 2024 | 10.75 | -3.07% | $22.8 | $2.12 |
| Jul 2024 | 11.09 | -14.1% | $25.62 | $2.31 |
| Apr 2024 | 12.91 | -3.66% | $28.28 | $2.19 |
| Jan 2024 | 13.4 | 49.55% | $30.14 | $2.25 |
| Oct 2023 | 8.96 | -34.07% | $18.36 | $2.05 |
| Jul 2023 | 13.59 | 87.97% | $26.23 | $1.93 |
| Apr 2023 | 7.23 | -30.88% | $14.46 | $2 |
| Jan 2023 | 10.46 | 26.33% | $18.82 | $1.8 |
| Oct 2022 | 8.28 | -42.26% | $16.22 | $1.96 |
PLAB Price vs fair value
PLAB average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, PLAB's PE ratio is lower than its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 10.46, PLAB ranks lower than the Technology sector and the industry average. In comparison with the Technology sector average of 37.28, Photronics's price to earnings (P/E) is 72% lower.
PLAB PE vs peers
PLAB's PE ratio stands lower than its peer stocks MU and ACLS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PLAB Photronics Inc | 10.46 | $1.68B |
| MU Micron Technology Inc | 20.92 | $1.06T |
| ACLS Axcelis Technologies Inc | 42.28 | $4.2B |
| AXTI Axt Inc | N/A | $3.3B |
Frequently asked questions
What is Photronics's PE ratio?
The price to earnings ratio for PLAB stock is 10.46 as of Jul 13, 2026.
What is the 3-year average PE ratio for Photronics (PLAB)?
The average PE ratio for PLAB stock over the past 3 years is 12.07.
What is the 5-year average PE ratio for Photronics (PLAB)?
The average PE ratio for PLAB stock over the past 5 years is 12.24.
What is the highest PE ratio for PLAB?
Over the last ten years, the quarterly PE ratio reached its highest level at 52.63 in the Jul 2017 quarter.
How does the current PE ratio for PLAB compare to its historical average?
PLAB's price to earnings ratio is currently 44% below its 10-year historical average.
How is PLAB's PE ratio calculated (Photronics PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 13, 2026), Photronics's share price is $28.56. The company's earnings per share for the trailing twelve months (TTM) ending May 2026 is $2.73. Therefore, Photronics's PE ratio for today is 10.46. PE RATIO(10.46) = STOCK PRICE($28.56) / TTM EPS($2.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.