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 |
|---|---|---|
| 2021 | 25.4 | 30.63% |
| 2020 | 19.4 | -57.31% |
| 2019 | 45.5 | 262.75% |
| 2018 | 12.5 | 76.45% |
| 2017 | 7.10 | -81.45% |
| 2016 | 38.3 | 92.19% |
| 2015 | 19.9 | -175.46% |
| 2014 | -26.4 | 62.32% |
| 2013 | -16.3 | 265.41% |
| 2012 | -4.45 | -116.74% |
| 2011 | 26.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Applied Materials AMAT | 15.9 | -39.47% | 🇺🇸 USA |
 Lam Research LRCX | 13.4 | -49.04% | 🇺🇸 USA |
 Veeco
VECO | 22.3 | -15.33% | 🇺🇸 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.