Tower Semiconductor
TSEM
#2593
Rank
$5.54 B
Marketcap
$49.96
Share price
-0.29%
Change (1 day)
66.49%
Change (1 year)

P/E ratio for Tower Semiconductor (TSEM)

P/E ratio as of December 2024 (TTM): 19.8

According to Tower Semiconductor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.796. At the end of 2022 the company had a P/E ratio of 17.9.

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

PE ratio at the end of each year

Year P/E ratio Change
202217.9-37.47%
202128.5-14.87%
202033.518.46%
201928.3161.17%
201810.8-2.68%
201711.136.95%
20168.13-134.13%
2015-23.8-125.2%
201494.6-4681.84%
2013-2.06-17.33%
2012-2.50-70.75%
2011-8.5319.5%
2010-7.14408.76%
2009-1.40681.94%
2008-0.1795-85.47%
2007-1.2451.16%
2006-0.817169.94%
2005-0.4808-62.83%
2004-1.29-61.48%
2003-3.3667.82%
2002-2.00-40.7%
2001-3.37

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.4 23.48%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.0-195.96%๐Ÿ‡บ๐Ÿ‡ธ USA
32.1 62.08%๐Ÿ‡น๐Ÿ‡ผ Taiwan
28.3 42.82%๐Ÿ‡บ๐Ÿ‡ธ USA
6.91-65.10%๐Ÿ‡น๐Ÿ‡ผ Taiwan
-16.8-184.78%๐Ÿ‡บ๐Ÿ‡ธ USA
30.3 52.96%๐Ÿ‡บ๐Ÿ‡ธ 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.