ASML Holding N.V.

ASML Technology Semiconductor Equipment & Materials

ASML Holding N.V.’s revenue for fiscal 2025 (year ended December 2025) was $37.0 billion, up 20.8% from fiscal 2024.

Revenue
+52.8%
EPS
+132.1%
Free cash flow
+4,578.0%
Total debt
−28.5%

Quarter to September 2026, against a year earlier

1,414.02 57.37 +4.23%
Market cap
$522.9B
P/E
33.7×
Fwd P/E
34.0×
Dividend yield
0.68%
F-score
8/9
Altman Z
9.14
Beneish M
−2.87
Dividend safety
80/100

ASML Holding N.V. (ASML) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, ASML Holding N.V. (ASML) trades at a P/B ratio of 23.7×. Over the past ten years it has ranged from 3.6× (January 2016) to 34.5× (June 2026); the current reading is higher than 78% 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 18.7× 37.39%
FY2024 13.6× (29.69%)
FY2023 19.4× (17.64%)
FY2022 23.5× (13.42%)
FY2021 27.2× 111.12%
FY2020 12.9× 45.88%
FY2019 8.8× 83.59%
FY2018 4.8× (24.02%)
FY2017 6.3× 46.34%
FY2016 4.3× 5.40%

Quarterly newest first

Period P/B ratio Change
Sep 2026 31.3× (9.27%)
Jun 2026 34.5× 50.27%
Mar 2026 22.9× 22.47%
Dec 2025 18.7× (0.11%)
43 more quarters

Against its own ten years

Low 3.6× High 34.5×
Ten-year median 11.7×
Current reading's percentile 76

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. compare 10.0×
LRCX Lam Research Corporation compare 16.9×
ASML ASML Holding N.V. 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 ASML