P/E ratio for ASML (ASML)
P/E ratio as of March 2023 (TTM): 45.0
According to ASML's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.9595. 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 |
|---|---|---|
| 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 | |
| 2013 | 30.4 | 90.33% |
| 2012 | 16.0 | 136.64% |
| 2011 | 6.75 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TSMC TSM | 14.6 | -67.56% | 🇹🇼 Taiwan |
 Intel INTC | 14.7 | -67.22% | 🇺🇸 USA |
 KLA KLAC | 15.9 | -64.64% | 🇺🇸 USA |
 Photronics PLAB | 9.02 | -79.93% | 🇺🇸 USA |
 Canon CAJ | 12.1 | -72.99% | 🇯🇵 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.