ASML
ASML
#22
Rank
$389.00 B
Marketcap
$985.84
Share price
3.59%
Change (1 day)
60.31%
Change (1 year)

P/E ratio for ASML (ASML)

P/E ratio as of March 2024 (TTM): 45.8

According to ASML's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.8089. 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
202237.0-22.47%
202147.7-2.24%
202048.813.48%
201943.097.51%
201821.8-28.68%
201730.52.94%
201629.718.94%
201524.9-17.04%
201430.11.41%
201329.661.69%
201218.3171.67%
20116.75-29.58%
20109.58-116.94%
2009-56.6-591.58%
200811.5-2.56%
200711.8-7.05%
200612.7-35.75%
200519.82.61%
200419.3-147.31%
2003-40.7136.78%
2002-17.249.6%
2001-11.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
20.6-55.04%๐Ÿ‡น๐Ÿ‡ผ Taiwan
-108-334.94%๐Ÿ‡บ๐Ÿ‡ธ USA
30.4-33.57%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9-67.44%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2-66.85%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.