Axcelis Technologies
ACLS
#2600
Rank
$4.20 B
Marketcap
$128.69
Share price
-2.05%
Change (1 day)
55.93%
Change (1 year)

P/E ratio for Axcelis Technologies (ACLS)

P/E ratio as of March 2023 (TTM): 26.3

According to Axcelis Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.3012. At the end of 2021 the company had a P/E ratio of 25.4.

P/E ratio history for Axcelis Technologies from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202125.430.63%
202019.4-57.31%
201945.5262.75%
201812.576.45%
20177.10-81.45%
201638.392.19%
201519.9-175.46%
2014-26.462.32%
2013-16.3265.41%
2012-4.45-116.74%
201126.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.9-39.47%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4-49.04%๐Ÿ‡บ๐Ÿ‡ธ USA
22.3-15.33%๐Ÿ‡บ๐Ÿ‡ธ 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.