VECO Veeco Instruments PE ratio, current and historical analysis
As of Oct 22, 2024, the Veeco Instruments stock's PE ratio is 19.49. This takes into account the latest EPS of $1.52 and stock price of $29.63.
VECO PE ratio history
The PE ratio of Veeco Instruments has averaged 36.36 over the last four years. The current P/E ratio of 19.49 is 46% lower than the historical average. Looking back at the last four years, VECO's PE ratio peaked in the Jun 2021 quarter at 126.53, when the price was $24.04 and the EPS was $0.19. The lowest point was in the Dec 2022 quarter, when it reached 5.55 with a price of $18.58 and an EPS of $3.35.
Veeco Instruments PE ratio by year
Maximum annual decrease: -89.67% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | N/A | N/A |
| 2022 | 5.55 | -89.67% |
| 2021 | 53.72 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
VECO average PE ratio chart
Currently, VECO's PE ratio is lower than its 3, 5 and 10-year averages.
VECO PE vs peers
In comparison to its peer stocks AMAT and LRCX, VECO's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VECO Veeco Instruments Inc | 19.22 | $1.66B |
| AMAT Applied Materials Inc | 20.37 | $150.64B |
| LRCX Lam Research Corp | 26.29 | $99.36B |
| IVAC Intevac Inc | N/A | $91.31M |
| AXTI Axt Inc | N/A | $114.32M |
Frequently asked questions
What is Veeco Instruments's PE ratio?
VECO's price to earnings ratio is 19.49 as of Oct 22, 2024.
What is the 3-year average PE ratio for Veeco Instruments (VECO)?
As an average over the last 3 years, VECO stock has a PE ratio of 23.53.
What is the 5-year average PE ratio for Veeco Instruments (VECO)?
As an average over the last 5 years, VECO stock has a PE ratio of 36.36.
What is the highest PE ratio for VECO?
Over the last four years, the quarterly PE ratio reached its highest level at 126.53 in the Jun 2021 quarter.
How does the current PE ratio for VECO compare to its historical average?
VECO's price to earnings ratio is currently 46% below its 4-year historical average.
How is VECO's PE ratio calculated (Veeco Instruments PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 22, 2024), Veeco Instruments's share price is $29.63. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.52. Therefore, Veeco Instruments's PE ratio for today is 19.49. PE RATIO(19.49) = STOCK PRICE($29.63) / TTM EPS($1.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.