Aehr Test Systems

AEHR Technology Semiconductor Equipment & Materials

Aehr Test Systems' revenue for fiscal 2026 (year ended May 2026) was $50.0 million, down 15.2% from fiscal 2025. In the quarter to May 2026, revenue grew 33.7%, EPS grew 140.0% and free cash flow grew 133.2%, each against the same quarter a year earlier.

60.60 8.61 −12.44%
Market cap
$2.3B
P/E
0.0×
Fwd P/E
0.0×
Dividend yield
—
F-score
3/9
Altman Z
63.15
Beneish M
−2.28
Dividend safety
n/a

Aehr Test Systems (AEHR) P/E ratio

Alert me on P/E ratio

Aehr Test Systems has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 484× (December 2021) — the current reading is the lowest in ten years.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2026 0.0× —
FY2025 0.0× —
FY2024 10.1× (84.10%)
FY2023 63.5× 165.21%
FY2022 23.9× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 112× —
FY2017 0.0× —

Quarterly newest first

Period P/E ratio Change
May 2026 0.0× —
Feb 2026 0.0× —
Nov 2025 0.0× —
Aug 2025 0.0× —
42 more quarters

Against its own ten years

Low 0.0× High 484×
Ten-year median 0.0×
Current reading's percentile 66

P/E ratio against peers

Company P/E ratio
COHU Cohu, Inc. compare n/m
AMBA Ambarella, Inc. compare n/m
UCTT Ultra Clean Holdings, Inc. compare n/m
ICHR Ichor Holdings, Ltd. compare n/m
AEHR Aehr Test Systems n/m
PLAB Photronics, Inc. compare 9.7×
ACLS Axcelis Technologies, Inc. compare 36.1×
IPGP IPG Photonics Corporation compare 108×
VECO Veeco Instruments Inc. compare 113×
Semiconductor Equipment & Materials industry median 45.0×
Technology sector median 28.2×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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