TSEM Tower Semiconductor PE ratio, current and historical analysis
As of Nov 21, 2024, the Tower Semiconductor stock's PE ratio is 25.7. This results from the current EPS of $1.86 and stock price of $47.81. The P/E ratio has an increase of 121% from the past four quarters average of 11.7.
TSEM PE ratio history
The PE ratio of Tower Semiconductor has averaged 20.94 over the last ten years. The current PE ratio of 25.7 is 23% above 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.
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
TSEM's current P/E ratio is above the 3, 5 and 10-year historical averages.
TSEM PE vs peers
Compared to its peers IBM and TXN, TSEM's PE ratio stands lower, however it is higher than TDY's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TDY Teledyne Technologies Inc | 23.98 | $22.38B |
| TSEM Tower Semiconductor Ltd. | 25.7 | $5.32B |
| IBM International Business Machines Corp | 31.82 | $205.64B |
| TXN Texas Instruments Inc | 36.57 | $180.8B |
| MU Micron Technology Inc | 146.8 | $113.93B |
| QUIK QUICKLOGIC Corp | N/A | $110.6M |
Frequently asked questions
What is Tower Semiconductor's PE ratio?
TSEM's price to earnings ratio is 25.7 as of Nov 21, 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 17.03.
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 21.35.
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 23% above its 10-year historical average.
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 (Nov 21, 2024), Tower Semiconductor's stock price is $47.81. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.86. Therefore, Tower Semiconductor's P/E ratio for today is 25.7. PE RATIO(25.7) = STOCK PRICE($47.81) / TTM EPS($1.86)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.