Applied Materials, Inc. AMAT

485.00 10.75 2.27% as of 25 Sep
Market cap
$382.9B
P/E
41.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

As of 25 September 2026, Applied Materials, Inc. (AMAT) trades at a P/B ratio of 15.0×. Over the past ten years it has ranged from 2.2× (September 2015) to 24.0× (June 2026); the current reading is higher than 98% of that period. That is above the Semiconductor Equipment & Materials industry median of 4.9× and above the Technology sector median of 3.0×.

P/B ratio, daily

Annual

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

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 6.8×
Current reading's percentile 98

P/B ratio against peers

Company P/B ratio
AMKR Amkor Technology, Inc. compare 2.8×
Q Qnity Electronics, Inc. compare 3.5×
ENTG Entegris, Inc. compare 5.6×
ONTO Onto Innovation Inc. compare 7.4×
AMAT Applied Materials, Inc. 15.0×
TER Teradyne, Inc. compare 17.9×
ASML ASML Holding N.V. compare 30.2×
LRCX Lam Research Corporation compare 31.7×
KLAC KLA Corporation compare 38.8×
Semiconductor Equipment & Materials industry median 4.9×
Technology sector median 3.0×
Market median 1.8×

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