Applied Materials, Inc.

AMAT Technology Semiconductor Equipment & Materials

Applied Materials, Inc.’s revenue for fiscal 2025 (year ended October 2025) was $28.4 billion, up 4.39% from fiscal 2024.

Revenue
+24.8%
EPS
+43.5%
Free cash flow
+13.7%
Total debt
+4.50%

Quarter to July 2026, against a year earlier

330.63 11.38 +3.56%
Market cap
$253.4B
P/E
27.7×
Fwd P/E
12.4×
Dividend yield
0.00%
F-score
6/9
Altman Z
11.17
Beneish M
−2.57
Dividend safety
96/100

Applied Materials, Inc. (AMAT) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Applied Materials, Inc. (AMAT) trades at a P/B ratio of 10.0×. Over the past ten years it has ranged from 2.2× (September 2015) to 24.0× (June 2026); the current reading is higher than 84% of that period. That is above the Semiconductor Equipment & Materials industry median of 2.9× and above the Technology sector median of 2.5×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 9.2× 16.16%
FY2024 7.9× 16.22%
FY2023 6.8× 7.83%
FY2022 6.3× (39.16%)
FY2021 10.4× 98.42%
FY2020 5.2× (15.60%)
FY2019 6.2× 27.20%
FY2018 4.9× (24.87%)
FY2017 6.5× 45.20%
FY2016 4.5× 65.61%

Quarterly newest first

Period P/B ratio Change
Jul 2026 15.7× 20.07%
Apr 2026 13.1× 9.25%
Jan 2026 12.0× 30.63%
Oct 2025 9.2× 24.61%
43 more quarters

Against its own ten years

Low 2.2× High 24.0×
Ten-year median 6.9×
Current reading's percentile 83

P/B ratio against peers

Company P/B ratio
Q Qnity Electronics, Inc. compare 2.9×
ONTO Onto Innovation Inc. compare 4.1×
ENTG Entegris, Inc. compare 4.5×
NVMI Nova Ltd. compare 6.8×
TER Teradyne, Inc. compare 9.2×
AMAT Applied Materials, Inc. 10.0×
LRCX Lam Research Corporation compare 16.9×
ASML ASML Holding N.V. compare 23.7×
KLAC KLA Corporation compare 26.3×
Semiconductor Equipment & Materials industry median 2.9×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on AMAT