P/E ratio for Tower Semiconductor (TSEM)

P/E ratio history for Tower Semiconductor from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Texas Instruments TXN	26.2	57.04%	🇺🇸 USA
Micron Technology MU	-18.7	-211.96%	🇺🇸 USA
TSMC TSM	31.1	86.29%	🇹🇼 Taiwan
Teledyne TDY	27.3	63.37%	🇺🇸 USA
United Microelectronics UMC	7.63	-54.27%	🇹🇼 Taiwan
Quicklogic QUIK	-16.2	-196.94%	🇺🇸 USA
IBM IBM	27.3	63.85%	🇺🇸 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.