P/E ratio for Axcelis Technologies (ACLS)
P/E ratio as of April 2024 (TTM): 13.9
According to Axcelis Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9182. At the end of 2022 the company had a P/E ratio of 14.3.
P/E ratio history for Axcelis Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.3 | -43.62% |
| 2021 | 25.4 | 30.63% |
| 2020 | 19.4 | -57.31% |
| 2019 | 45.5 | 262.75% |
| 2018 | 12.5 | 76.45% |
| 2017 | 7.10 | -66.8% |
| 2016 | 21.4 | 7.4% |
| 2015 | 19.9 | -175.46% |
| 2014 | -26.4 | 62.32% |
| 2013 | -16.3 | 265.41% |
| 2012 | -4.45 | -116.74% |
| 2011 | 26.6 | -230.69% |
| 2010 | -20.4 | 982.6% |
| 2009 | -1.88 | 604.08% |
| 2008 | -0.2670 | -99.42% |
| 2007 | -46.0 | -415.61% |
| 2006 | 14.6 | -109.17% |
| 2005 | -159 | -1566.79% |
| 2004 | 10.8 | -221.38% |
| 2003 | -8.93 | -57.34% |
| 2002 | -20.9 | -65.9% |
| 2001 | -61.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Applied Materials AMAT | 25.7 | 84.86% | 🇺🇸 USA |
 Lam Research LRCX | 30.0 | 115.45% | 🇺🇸 USA |
 Veeco
VECO | 23.5 | 69.09% | 🇺🇸 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.