PLAB Photronics PE ratio, current and historical analysis
The PE ratio for Photronics stock stands at 10.58 as of Nov 21, 2024. This takes into account the latest EPS of $2.31 and stock price of $24.44. A decrease of 9% has been observed in the PE ratio compared to its average of 11.6 of the last four quarters.
PLAB PE ratio history
Over the last ten years, the average PE ratio of Photronics has been 19.47. The current 10.58 P/E ratio is 46% 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 | Change |
|---|---|---|
| 2023 | 8.96 | 8.21% |
| 2022 | 8.28 | -42.62% |
| 2021 | 14.43 | -23.04% |
| 2020 | 18.75 | -28.49% |
| 2019 | 26.22 | 64.18% |
| 2018 | 15.97 | -68.23% |
| 2017 | 50.26 | 246.86% |
| 2016 | 14.49 | 1.26% |
| 2015 | 14.31 | -33.13% |
| 2014 | 21.4 | -22.46% |
PLAB average PE ratio chart
Currently, PLAB's PE ratio is lower than its 3, 5 and 10-year averages.
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 | 10.58 | $1.55B |
| ACLS Axcelis Technologies Inc | 10.78 | $2.38B |
| MU Micron Technology Inc | 146.8 | $113.93B |
| AXTI Axt Inc | N/A | $85.47M |
Frequently asked questions
What is Photronics's PE ratio?
The price to earnings ratio for PLAB stock is 10.58 as of Nov 21, 2024.
What is the 3-year average PE ratio for Photronics (PLAB)?
The average PE ratio for PLAB stock over the past 3 years is 11.44.
What is the 5-year average PE ratio for Photronics (PLAB)?
The average PE ratio for PLAB stock over the past 5 years is 15.24.
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 46% 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 (Nov 21, 2024), Photronics's share price is $24.44. The company's earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $2.31. Therefore, Photronics's PE ratio for today is 10.58. PE RATIO(10.58) = STOCK PRICE($24.44) / TTM EPS($2.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.