The PE ratio for Photronics stock stands at 12.9 as of May 7, 2024. This takes into account the latest EPS of $2.25 and stock price of $29.02. An increase of 19% has been observed in the PE ratio compared to its average of 10.8 of the last four quarters.
Over the last ten years, the average PE ratio of Photronics has been 19.89. The current 12.9 P/E ratio is 35% 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.
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% |
Currently, PLAB's PE ratio is higher than its 3-year average, but it is lower than its 5 and 10-year averages.
PLAB's PE ratio stands lower than its peer stock ACLS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PLAB Photronics Inc | 13.06 | $1.86B |
| ACLS Axcelis Technologies Inc | 14.59 | $3.63B |
| MU Micron Technology Inc | N/A | $132.13B |
| AXTI Axt Inc | N/A | $167.26M |
The price to earnings ratio for PLAB stock is 12.9 as of May 7, 2024.
The average PE ratio for PLAB stock over the past 3 years is 12.36.
The average PE ratio for PLAB stock over the past 5 years is 16.41.
Over the last ten years, the quarterly PE ratio reached its highest level at 52.63 in the Jul 2017 quarter.
PLAB's price to earnings ratio is currently 35% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 7, 2024), Photronics's share price is $29.02. The company's earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $2.25. Therefore, Photronics's PE ratio for today is 12.9. PE RATIO(12.9) = STOCK PRICE($29.02) / TTM EPS($2.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.