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/E ratio

As of 25 September 2026, Applied Materials, Inc. (AMAT) trades at a P/E ratio of 41.6×. Over the past ten years it has ranged from 8.8× (December 2018) to 67.6× (June 2026); the current reading is higher than 98% of that period. That is below the Semiconductor Equipment & Materials industry median of 54.4× and above the Technology sector median of 29.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 26.7× 27.78%
FY2024 20.9× 28.98%
FY2023 16.2× 37.60%
FY2022 11.8× (45.25%)
FY2021 21.5× 40.96%
FY2020 15.3× (18.65%)
FY2019 18.8× 89.01%
FY2018 9.9× (43.85%)
FY2017 17.7× (4.50%)
FY2016 18.5× 23.92%

Quarterly

Period P/E ratio Change
Jul 2026 43.5× 17.99%
Apr 2026 36.9× 10.13%
Jan 2026 33.5× 25.23%
Oct 2025 26.7× 25.30%
43 more quarters

Against its own ten years

Low 8.8× High 67.6×
Ten-year median 19.0×
Current reading's percentile 98

P/E ratio against peers

Company P/E ratio
AMKR Amkor Technology, Inc. compare 23.9×
AMAT Applied Materials, Inc. 41.6×
Q Qnity Electronics, Inc. compare 44.5×
KLAC KLA Corporation compare 51.1×
ASML ASML Holding N.V. compare 54.2×
TER Teradyne, Inc. compare 54.3×
LRCX Lam Research Corporation compare 54.4×
ENTG Entegris, Inc. compare 75.9×
ONTO Onto Innovation Inc. compare 107×
Semiconductor Equipment & Materials industry median 54.4×
Technology sector median 29.7×
Market median 17.9×

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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