VECO Veeco Instruments PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: VECO
- PE Ratio
As of May 14, 2025, the Veeco Instruments stock's PE ratio is 18.74. This takes into account the latest EPS of $1.14 and stock price of $21.36. The PE ratio marks a decrease of 18% from its last 4 quarters average of 22.8.
VECO PE ratio history
The PE ratio of Veeco Instruments has averaged 32.9 over the last four years. The current P/E ratio of 18.74 is 43% 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 increase: 472.36% in 2012
Maximum annual decrease: -89.67% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 20.46 | N/A | $26.8 | $1.31 |
| 2023 | N/A | N/A | $31.03 | -$0.56 |
| 2022 | 5.55 | -89.67% | $18.58 | $3.35 |
| 2021 | 53.72 | N/A | $28.47 | $0.53 |
| 2020 | N/A | N/A | $17.36 | -$0.17 |
| 2019 | N/A | N/A | $14.69 | -$1.66 |
| 2018 | N/A | N/A | $7.41 | -$8.63 |
| 2017 | N/A | N/A | $14.85 | -$1.16 |
| 2016 | N/A | N/A | $29.15 | -$3.1 |
| 2015 | N/A | N/A | $20.56 | -$0.8 |
| 2014 | N/A | N/A | $34.88 | -$1.7 |
| 2013 | N/A | N/A | $32.91 | -$1.09 |
| 2012 | 36.86 | 472.36% | $29.49 | $0.8 |
| 2011 | 6.44 | 37.31% | $20.8 | $3.23 |
| 2010 | 4.69 | N/A | $42.96 | $9.16 |
Veeco Instruments PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 17.61 | -13.93% | $20.08 | $1.14 |
| Dec 2024 | 20.46 | -9.23% | $26.8 | $1.31 |
| Sep 2024 | 22.54 | -26.65% | $33.13 | $1.47 |
| Jun 2024 | 30.73 | N/A | $46.71 | $1.52 |
| Mar 2024 | N/A | N/A | $35.17 | -$0.36 |
| Dec 2023 | N/A | N/A | $31.03 | -$0.56 |
| Sep 2023 | 17.68 | -0.17% | $28.11 | $1.59 |
| Jun 2023 | 17.71 | 172.46% | $25.68 | $1.45 |
| Mar 2023 | 6.5 | 17.12% | $21.13 | $3.25 |
| Dec 2022 | 5.55 | -71.83% | $18.58 | $3.35 |
| Sep 2022 | 19.7 | -17.75% | $18.32 | $0.93 |
| Jun 2022 | 23.95 | -33.93% | $19.4 | $0.81 |
| Mar 2022 | 36.25 | -32.52% | $27.19 | $0.75 |
| Dec 2021 | 53.72 | -12.92% | $28.47 | $0.53 |
| Sep 2021 | 61.69 | -51.24% | $22.21 | $0.36 |
VECO Price vs fair value
VECO average PE ratio chart
Currently, VECO's PE ratio is higher than its 3-year average, but it is lower than its 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 | 18.74 | $1.25B |
| AMAT Applied Materials Inc | 22.59 | $141.48B |
| LRCX Lam Research Corp | 23.54 | $108.69B |
| AXTI Axt Inc | N/A | $65.66M |
Frequently asked questions
What is Veeco Instruments's PE ratio?
VECO's price to earnings ratio is 18.74 as of May 14, 2025.
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 18.24.
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 32.9.
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 43% 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 (May 14, 2025), Veeco Instruments's share price is $21.36. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $1.14. Therefore, Veeco Instruments's PE ratio for today is 18.74. PE RATIO(18.74) = STOCK PRICE($21.36) / TTM EPS($1.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.