Advanced Micro Devices (AMD) is an American chip developer headquartered in Santa Clara, California. AMD develops and produces microprocessors, chipsets, graphics chips and system-on-chip (SoC) solutions for the computer, communication and consumer industries. AMD has been fabless since the actual semiconductor production was spun off in Globalfoundries in 2009. The company has been listed in the Standard & Poor's 500 stock index since March 20, 2017, has around 9,700 employees worldwide and is the world's second largest x86 processor manufacturer after Intel (as of 2011). The company's shares were traded on the New York Stock Exchange from 1979 to 2014, and have been listed on NASDAQ since January 2, 2015.
P/E ratio for AMD (AMD)
P/E ratio as of April 2024 (TTM): > 1000
According to AMD's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1292.33. At the end of 2022 the company had a P/E ratio of 72.8.
P/E ratio history for AMD from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 72.8 | 32% |
| 2021 | 55.1 | 25.05% |
| 2020 | 44.1 | -71.16% |
| 2019 | 153 | 181.55% |
| 2018 | 54.3 | -84.16% |
| 2017 | 343 | -1943.27% |
| 2016 | -18.6 | 444.1% |
| 2015 | -3.42 | -32.18% |
| 2014 | -5.04 | -85.68% |
| 2013 | -35.2 | 2230.8% |
| 2012 | -1.51 | -119.01% |
| 2011 | 7.94 | -35.93% |
| 2010 | 12.4 | -42.38% |
| 2009 | 21.5 | -5228.81% |
| 2008 | -0.4194 | -66.17% |
| 2007 | -1.24 | -97.93% |
| 2006 | -59.9 | -180.2% |
| 2005 | 74.6 | -15.27% |
| 2004 | 88.1 | -561.09% |
| 2003 | -19.1 | 1026.64% |
| 2002 | -1.70 | -98.61% |
| 2001 | -122 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Intel INTC | -87.6 | -106.78% | 🇺🇸 USA |
 NVIDIA NVDA | 203 | -84.29% | 🇺🇸 USA |
 Texas Instruments TXN | 20.9 | -98.38% | 🇺🇸 USA |
 HP HPQ | 11.8 | -99.09% | 🇺🇸 USA |
 Microchip Technology MCHP | 18.3 | -98.59% | 🇺🇸 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.