As of May 17, 2024, the Tower Semiconductor stock's PE ratio is 8.25. This results from the current EPS of $4.45 and stock price of $36.71. The P/E ratio has decreased by 2.8% from the past four quarters average of 8.5.
The PE ratio of Tower Semiconductor has averaged 21.21 over the last ten years. The current PE ratio of 8.25 is 61% 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.
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's current P/E ratio is lower than the 3, 5 and 10-year averages.
Compared to its peer stocks TXN and IBM, TSEM's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TSEM Tower Semiconductor Ltd. | 8.25 | $4.07B |
| IBM International Business Machines Corp | 18.84 | $155.27B |
| TDY Teledyne Technologies Inc | 21.66 | $19.27B |
| TXN Texas Instruments Inc | 30.14 | $177.56B |
| QUIK QUICKLOGIC Corp | 149.25 | $172.22M |
| MU Micron Technology Inc | N/A | $138.74B |
TSEM's price to earnings ratio is 8.25 as of May 17, 2024.
As an average over the last 3 years, TSEM stock has a PE ratio of 18.9.
As an average over the last 5 years, TSEM stock has a PE ratio of 21.36.
In the last ten years, the Dec 2014 quarter recorded the highest quarterly PE ratio at 166.63.
TSEM's price to earnings ratio is currently 61% below its 10-year historical average.
TSEM's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 17, 2024), Tower Semiconductor's stock price is $36.71. 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 8.25. PE RATIO(8.25) = STOCK PRICE($36.71) / TTM EPS($4.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.