P/E ratio for Photronics (PLAB)
P/E ratio as of April 2024 (TTM): 13.9
According to Photronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8779. At the end of 2022 the company had a P/E ratio of 8.63.
P/E ratio history for Photronics from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.63 | -58.33% |
| 2021 | 20.7 | -1.63% |
| 2020 | 21.1 | -38.54% |
| 2019 | 34.3 | 115.9% |
| 2018 | 15.9 | -62.79% |
| 2017 | 42.7 | 160.43% |
| 2016 | 16.4 | -11.87% |
| 2015 | 18.6 | -6.08% |
| 2014 | 19.8 | -34.27% |
| 2013 | 30.1 | 132.32% |
| 2012 | 13.0 | -40.33% |
| 2011 | 21.7 | 63.13% |
| 2010 | 13.3 | -393.14% |
| 2009 | -4.54 | 1075.95% |
| 2008 | -0.3861 | -101.83% |
| 2007 | 21.1 | -8.16% |
| 2006 | 23.0 | 65.04% |
| 2005 | 13.9 | -36.62% |
| 2004 | 22.0 | -264.56% |
| 2003 | -13.4 | -84.39% |
| 2002 | -85.6 | -64.49% |
| 2001 | -241 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Micron Technology MU | -20.9 | -250.58% | 🇺🇸 USA |
 ASML ASML | 43.0 | 209.93% | 🇳🇱 Netherlands |
 AXT Inc
AXTI | -97.2 | -800.15% | 🇺🇸 USA |
 Axcelis Technologies
ACLS | 14.0 | 0.54% | 🇺🇸 USA |
 United Microelectronics UMC | 8.16 | -41.20% | 🇹🇼 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.