ASML
ASML
#35
Rank
$235.48 B
Marketcap
$583.34
Share price
-1.44%
Change (1 day)
-25.41%
Change (1 year)

P/E ratio for ASML (ASML)

P/E ratio as of November 2022 (TTM): 39.4

According to ASML's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.3678. At the end of 2021 the company had a P/E ratio of 47.7.

P/E ratio history for ASML from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202147.7-2.24%
202048.813.48%
201943.097.51%
201821.8-28.68%
201730.52.94%
201629.718.94%
201524.9
201330.490.33%
201216.0136.64%
20116.75

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.4-60.96%๐Ÿ‡น๐Ÿ‡ผ Taiwan
8.79-77.68%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7-60.07%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9-72.30%๐Ÿ‡บ๐Ÿ‡ธ USA
13.9-64.63%๐Ÿ‡ฏ๐Ÿ‡ต 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.