P/E ratio for ASML (ASML)
P/E ratio as of April 2024 (TTM): 43.4
According to ASML's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.4421. At the end of 2022 the company had a P/E ratio of 37.0.
P/E ratio history for ASML from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 37.0 | -22.47% |
| 2021 | 47.7 | -2.24% |
| 2020 | 48.8 | 13.48% |
| 2019 | 43.0 | 97.51% |
| 2018 | 21.8 | -28.68% |
| 2017 | 30.5 | 2.94% |
| 2016 | 29.7 | 18.94% |
| 2015 | 24.9 | -17.04% |
| 2014 | 30.1 | 1.41% |
| 2013 | 29.6 | 61.69% |
| 2012 | 18.3 | 171.67% |
| 2011 | 6.75 | -29.58% |
| 2010 | 9.58 | -116.94% |
| 2009 | -56.6 | -591.58% |
| 2008 | 11.5 | -2.56% |
| 2007 | 11.8 | -7.05% |
| 2006 | 12.7 | -35.75% |
| 2005 | 19.8 | 2.61% |
| 2004 | 19.3 | -147.31% |
| 2003 | -40.7 | 136.78% |
| 2002 | -17.2 | 49.6% |
| 2001 | -11.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TSMC TSM | 21.9 | -49.67% | 🇹🇼 Taiwan |
 Intel INTC | -87.8 | -302.05% | 🇺🇸 USA |
 KLA KLAC | 30.0 | -30.91% | 🇺🇸 USA |
 Photronics PLAB | 14.4 | -66.89% | 🇺🇸 USA |
 Canon 7751.T | 13.6 | -68.71% | 🇯🇵 Japan |
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.