TSEM
Tower Semiconductor
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: TSEM
- PE Ratio
As of Jul 21, 2026, the Tower Semiconductor stock's PE ratio is 114.57. This results from the current EPS of $2.19 and stock price of $250.91. The P/E ratio has an increase of 123% from the past four quarters average of 51.4.
TSEM PE ratio history
The PE ratio of Tower Semiconductor has averaged 21.15 over the last ten years. The current PE ratio of 114.57 is 442% above the historical average. In the past ten years, TSEM's PE ratio was at its highest in the Mar 2026 quarter at 80.13, when the stock price was $175.48 and the EPS was $2.19. The lowest value was in the Sep 2023 quarter, when it reached 4.94 with a price of $24.56 and an EPS of $4.97.
Tower Semiconductor PE ratio by year
Maximum annual increase: 324.5% in 2024
Maximum annual decrease: -63.64% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 59.6 | 116.33% | $117.42 | $1.97 |
| 2024 | 27.55 | 324.5% | $51.51 | $1.87 |
| 2023 | 6.49 | -63.64% | $30.52 | $4.7 |
| 2022 | 17.85 | -37.48% | $43.2 | $2.42 |
| 2021 | 28.55 | -14.85% | $39.68 | $1.39 |
| 2020 | 33.53 | 18.44% | $25.82 | $0.77 |
| 2019 | 28.31 | 159.25% | $24.06 | $0.85 |
| 2018 | 10.92 | -1.27% | $14.74 | $1.35 |
| 2017 | 11.06 | 35.37% | $34.08 | $3.08 |
| 2016 | 8.17 | N/A | $19.03 | $2.33 |
| 2015 | N/A | N/A | $14.06 | -$0.4 |
| 2014 | 166.63 | N/A | $13.33 | $0.08 |
| 2013 | N/A | N/A | $5.84 | -$2.72 |
| 2012 | N/A | N/A | $7.95 | -$3.17 |
| 2011 | N/A | N/A | $9.45 | -$0.9 |
Tower Semiconductor PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 80.13 | 34.45% | $175.48 | $2.19 |
| Dec 2025 | 59.6 | 44.27% | $117.42 | $1.97 |
| Sep 2025 | 41.31 | 68.68% | $72.3 | $1.75 |
| Jun 2025 | 24.49 | 25.65% | $43.35 | $1.77 |
| Mar 2025 | 19.49 | -29.26% | $35.66 | $1.83 |
| Dec 2024 | 27.55 | 16.39% | $51.51 | $1.87 |
| Sep 2024 | 23.67 | 169.28% | $44.26 | $1.87 |
| Jun 2024 | 8.79 | 16.89% | $39.31 | $4.47 |
| Mar 2024 | 7.52 | 15.87% | $33.45 | $4.45 |
| Dec 2023 | 6.49 | 31.38% | $30.52 | $4.7 |
| Sep 2023 | 4.94 | -67.09% | $24.56 | $4.97 |
| Jun 2023 | 15.01 | -9.2% | $37.52 | $2.5 |
| Mar 2023 | 16.53 | -7.39% | $42.47 | $2.57 |
| Dec 2022 | 17.85 | -13.05% | $43.2 | $2.42 |
| Sep 2022 | 20.53 | -16.88% | $43.94 | $2.14 |
TSEM Price vs fair value
TSEM 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.
TSEM's current P/E ratio is above the 3, 5 and 10-year historical averages.
PE comparison
Tower Semiconductor's P/E of 114.57 is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 35.95, Tower Semiconductor's P/E is 219% higher.
TSEM PE vs peers
Compared to its peer stocks MU and TXN, TSEM's PE ratio stands higher. Tower Semiconductor's PE ratio is trading above the peer group average of 30.49.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBM International Business Machines Corp | 18.26 | $197.85B |
| MU Micron Technology Inc | 21.67 | $1.1T |
| TDY Teledyne Technologies Inc | 32.41 | $30B |
| TXN Texas Instruments Inc | 49.63 | $265.11B |
| TSEM Tower Semiconductor Ltd. | 114.57 | $28.24B |
| QUIK QUICKLOGIC Corp | N/A | $257.52M |
Frequently asked questions
What is Tower Semiconductor's PE ratio?
TSEM's price to earnings ratio is 114.57 as of Jul 21, 2026.
What is the 3-year average PE ratio for Tower Semiconductor (TSEM)?
As an average over the last 3 years, TSEM stock has a PE ratio of 27.63.
What is the 5-year average PE ratio for Tower Semiconductor (TSEM)?
As an average over the last 5 years, TSEM stock has a PE ratio of 25.36.
What is the highest PE ratio for TSEM?
The current P/E of 114.57 represents the highest historical value in the last ten years.
How does the current PE ratio for TSEM compare to its historical average?
TSEM's price to earnings ratio is currently 442% above its 10-year historical average.
Why is Tower Semiconductor's PE ratio so high?
TSEM's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 114.57 is considered high.
How is TSEM's PE ratio calculated (Tower Semiconductor PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 21, 2026), Tower Semiconductor's stock price is $250.91. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.19. Therefore, Tower Semiconductor's P/E ratio for today is 114.57. PE RATIO(114.57) = STOCK PRICE($250.91) / TTM EPS($2.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.