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TSEM Tower Semiconductor PE ratio, current and historical analysis

As of Jun 18, 2024, the Tower Semiconductor stock's PE ratio is 8.91. This results from the current EPS of $4.45 and stock price of $39.65. The P/E ratio has an increase of 4.9% from the past four quarters average of 8.5.

TSEM PE ratio history

How has TSEM's PE ratio performed in the past

The PE ratio of Tower Semiconductor has averaged 21.21 over the last ten years. The current PE ratio of 8.91 is 58% below the historical average. In the past ten years, TSEM's PE ratio was at its highest in the Dec 2014 quarter at 166.63, when the stock price was $13.33 and the EPS was $0.08. 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.

Average
21.21
Median
14.9
Minimum
4.94
Maximum
166.63

Tower Semiconductor PE ratio by year

Maximum annual increase: 159.25% in 2019

Maximum annual decrease: -63.64% in 2023

Year PE ratio Change
2023 6.49 -63.64%
2022 17.85 -37.48%
2021 28.55 -14.85%
2020 33.53 18.44%
2019 28.31 159.25%
2018 10.92 -1.27%
2017 11.06 35.37%
2016 8.17 N/A
2015 N/A N/A
2014 166.63 N/A

TSEM average PE ratio chart

What is the average PE ratio of TSEM for the past years

TSEM's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
18.9
5-year avg
21.36
10-year avg
21.21
15-year avg
21.21

TSEM PE vs peers

What is TSEM's PE ratio compared to its peers

Compared to its peer stocks TXN and IBM, TSEM's PE ratio stands lower.

Stock name PE ratio Market cap
TSEM Tower Semiconductor Ltd. 8.91 $4.39B
IBM International Business Machines Corp 19.01 $156.67B
TDY Teledyne Technologies Inc 20.6 $18.32B
TXN Texas Instruments Inc 30.33 $178.68B
QUIK QUICKLOGIC Corp 132.5 $152.89M
MU Micron Technology Inc N/A $169.93B

Frequently asked questions

What is Tower Semiconductor's PE ratio?

TSEM's price to earnings ratio is 8.91 as of Jun 18, 2024.

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 18.9.

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 21.36.

What is the highest PE ratio for TSEM?

In the last ten years, the Dec 2014 quarter recorded the highest quarterly PE ratio at 166.63.

How does the current PE ratio for TSEM compare to its historical average?

TSEM's price to earnings ratio is currently 58% below its 10-year historical average.

Why is Tower Semiconductor's PE ratio so low?

TSEM's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

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 (Jun 18, 2024), Tower Semiconductor's stock price is $39.65. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.45. Therefore, Tower Semiconductor's P/E ratio for today is 8.91. PE RATIO(8.91) = STOCK PRICE($39.65) / TTM EPS($4.45)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.