Applied Materials, Inc. is one of the world's largest semiconductor companies. The company supplies equipment, services and software for the manufacture of semiconductor chips for electronics, flat panel displays for computers, smartphones, televisions, and solar products.
P/E ratio for Applied Materials (AMAT)
P/E ratio as of April 2024 (TTM): 25.9
According to Applied Materials's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.9186. At the end of 2022 the company had a P/E ratio of 13.0.
P/E ratio history for Applied Materials from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.0 | -46.46% |
| 2021 | 24.3 | 11.15% |
| 2020 | 21.8 | 3.44% |
| 2019 | 21.1 | 113.53% |
| 2018 | 9.89 | -38.28% |
| 2017 | 16.0 | -22.03% |
| 2016 | 20.6 | 24.4% |
| 2015 | 16.5 | -39% |
| 2014 | 27.1 | -67.83% |
| 2013 | 84.2 | -55.84% |
| 2012 | 191 | 2499.19% |
| 2011 | 7.34 | -63.45% |
| 2010 | 20.1 | -133.12% |
| 2009 | -60.6 | -518.82% |
| 2008 | 14.5 | 0.22% |
| 2007 | 14.4 | -23.3% |
| 2006 | 18.8 | -20.98% |
| 2005 | 23.8 | 11.46% |
| 2004 | 21.4 | -108.57% |
| 2003 | -249 | -406.17% |
| 2002 | 81.4 | 27.94% |
| 2001 | 63.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 KLA KLAC | 30.0 | 15.81% | 🇺🇸 USA |
 Lam Research LRCX | 30.5 | 17.86% | 🇺🇸 USA |
 Synopsys SNPS | 78.2 | 201.66% | 🇺🇸 USA |
 ASML ASML | 43.4 | 67.61% | 🇳🇱 Netherlands |
 Teradyne TER | 33.4 | 28.90% | 🇺🇸 USA |
 Axcelis Technologies
ACLS | 14.1 | -45.58% | 🇺🇸 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.