P/E ratio for ACM Research (ACMR)
P/E ratio as of June 2024 (TTM): 20.0
According to ACM Research 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.9554. At the end of 2022 the company had a P/E ratio of 11.7.
P/E ratio history for ACM Research from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.7 | -73.42% |
| 2021 | 44.0 | -45.06% |
| 2020 | 80.0 | 390.03% |
| 2019 | 16.3 | -39.97% |
| 2018 | 27.2 | -147.41% |
| 2017 | -57.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 KLA KLAC | 34.4 | 72.13% | 🇺🇸 USA |
 Lam Research LRCX | 32.2 | 61.44% | 🇺🇸 USA |
 Kulicke and Soffa Industries KLIC | 26.2 | 31.16% | 🇸🇬 Singapore |
 Onto Innovation ONTO | 63.1 | 215.97% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.