Photronics
PLAB
#4498
Rank
$1.17 B
Marketcap
$19.07
Share price
1.76%
Change (1 day)
9.98%
Change (1 year)

P/E ratio for Photronics (PLAB)

P/E ratio as of January 2023 (TTM): 9.58

According to Photronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.58291. At the end of 2021 the company had a P/E ratio of 20.7.

P/E ratio history for Photronics from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202120.7-1.63%
202021.1-38.54%
201934.3115.9%
201815.9-62.79%
201742.7160.43%
201616.4-11.87%
201518.6-6.08%
201419.8-34.27%
201330.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.3 17.87%๐Ÿ‡บ๐Ÿ‡ธ USA
46.2 381.63%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
14.3 49.40%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3 143.20%๐Ÿ‡บ๐Ÿ‡ธ USA
6.69-30.24%๐Ÿ‡น๐Ÿ‡ผ Taiwan

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.