What is the P/E ratio for Applied Materials, Inc. (AMAT)?

The P/E ratio for AMAT stock is 46.92.

What is the TTM average P/E ratio for Applied Materials, Inc. (AMAT)?

The TTM average P/E ratio for AMAT stock is 30.88.

What is the 3Y average P/E ratio for Applied Materials, Inc. (AMAT)?

The 3Y average P/E ratio for AMAT stock is 24.40.

What is the 5Y average P/E ratio for Applied Materials, Inc. (AMAT)?

The 5Y average P/E ratio for AMAT stock is 22.01.

What is the 10Y average P/E ratio for Applied Materials, Inc. (AMAT)?

The 10Y average P/E ratio for AMAT stock is 20.43.

What is the 15Y average P/E ratio for Applied Materials, Inc. (AMAT)?

The 15Y average P/E ratio for AMAT stock is 36.12.

What is the 20Y average P/E ratio for Applied Materials, Inc. (AMAT)?

The 20Y average P/E ratio for AMAT stock is 23677099894257444.00.

Applied Materials, Inc. (AMAT)

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Applied Materials, Inc. (AMAT) PE Ratio: 46.92

Is Applied Materials, Inc.’s P/E ratio high or low?

Applied Materials, Inc.'s P/E ratio of 46.92 is 113% above its 5-year average of 22.01, near the high end of its 5-year range (9.95–47.15).

The P/E ratio for Applied Materials, Inc. (AMAT) is 46.92 as of Tuesday, June 9, 2026. It is above its 12-month average by 51.95% (30.88).

PE Ratio (46.92) = Close Price ($499.21) / Diluted TTM EPS ($10.64)

PEG Ratio|P/B Ratio|EPS|All Metrics

AMAT PE Ratio Chart

AMAT PE Ratio

46.92+127.11% 1Y

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AMAT Average PE Ratio Chart

AMAT Current vs Average PE Ratio Chart

AMAT PE Ratio Metrics

PE RATIO

46.92

PE RATIO AVG TTM

30.88

PE RATIO AVG 3Y

24.40

PE RATIO AVG 5Y

22.01

PE RATIO AVG 10Y

20.43

PE RATIO AVG 15Y

36.12

PE RATIO AVG 20Y

23677099894257444.00

CURRENT VS TTM AVG

+51.95%

CURRENT VS 3Y AVG

+92.26%

CURRENT VS 5Y AVG

+113.22%

CURRENT VS 10Y AVG

+129.68%

CURRENT VS 15Y AVG

+29.91%

CURRENT VS 20Y AVG

-100.00%

AMAT Competitors' PE Ratio

NAME	MARKET CAP	PE RATIO	TTM	3Y	5Y
Applied Materials, Inc. (AMAT)	—	46.92	30.88	24.40	22.01
Lam Research Corporation (LRCX)	$409.14B	61.73	38.97	30.65	25.22
Arm Holdings plc American Depositary Shares (ARM)	$345.65B	386.74	211.10	407.77	407.77
Cisco Systems, Inc. (CSCO)	$474.39B	40.12	29.70	22.93	21.33
Palantir Technologies Inc. (PLTR)	$303.24B	146.74	415.26	354.63	354.63
KLA Corporation (KLAC)	$279.46B	60.55	40.06	33.45	27.75
Texas Instruments Incorporated (TXN)	$262.68B	49.34	37.39	31.34	27.29
International Business Machines Corporation (IBM)	$260.81B	24.53	35.02	35.31	38.23
Intel Corporation (INTC)	$542.41B	N/A	3249.63	1131.50	681.60
Marvell Technology, Inc. (MRVL)	$233.47B	91.76	38.14	34.53	30.89

P/E vs. its own history

At 46.9, P/E is richer than usual — richer than 88% of its 20-year range.

20-year low

6.8

median

19.8

20-year high

535748211671994176.0

cheaperricher

P/E Comparison

Trailing P/E

46.9

Forward P/E

40.9

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$499.21

Forward EPS (Est.)

$12.21

Forward P/E

40.87

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Applied Materials, Inc. PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Applied Materials, Inc. PE Ratio FAQ

What is the P/E ratio for Applied Materials, Inc. (AMAT)?: The P/E ratio for AMAT stock is 46.92.
Is Applied Materials, Inc.'s P/E ratio high or low?: Applied Materials, Inc.'s P/E ratio of 46.92 is 113% above its 5-year average of 22.01, near the high end of its 5-year range (9.95–47.15).
What is the TTM average P/E ratio for Applied Materials, Inc. (AMAT)?: The TTM average P/E ratio for AMAT stock is 30.88.
What is the 3Y average P/E ratio for Applied Materials, Inc. (AMAT)?: The 3Y average P/E ratio for AMAT stock is 24.40.
What is the 5Y average P/E ratio for Applied Materials, Inc. (AMAT)?: The 5Y average P/E ratio for AMAT stock is 22.01.
What is the 10Y average P/E ratio for Applied Materials, Inc. (AMAT)?: The 10Y average P/E ratio for AMAT stock is 20.43.
What is the 15Y average P/E ratio for Applied Materials, Inc. (AMAT)?: The 15Y average P/E ratio for AMAT stock is 36.12.
What is the 20Y average P/E ratio for Applied Materials, Inc. (AMAT)?: The 20Y average P/E ratio for AMAT stock is 23677099894257444.00.

Applied Materials, Inc. PE Ratio History

DATE	PE RATIO
2026-06-09	46.92
2026-06-08	46.26
2026-06-05	42.58
2026-06-04	47.15
2026-06-03	47.06
2026-06-02	46.06
2026-06-01	43.06
2026-05-29	42.30
2026-05-28	42.26
2026-05-27	42.13
2026-05-26	42.75
2026-05-22	40.62
2026-05-21	40.17
2026-05-20	43.73
2026-05-19	41.69
2026-05-18	42.37
2026-05-15	44.74
2026-05-14	45.14
2026-05-13	44.73
2026-05-12	44.18
2026-05-11	45.45
2026-05-08	44.61
2026-05-07	42.07
2026-05-06	43.92
2026-05-05	42.09
2026-05-04	40.10
2026-05-01	39.86
2026-04-30	40.42
2026-04-29	39.20
2026-04-28	39.05
2026-04-27	41.48
2026-04-24	42.73
2026-04-23	41.38
2026-04-22	41.34
2026-04-21	40.40
2026-04-20	40.13
2026-04-17	40.67
2026-04-16	39.95
2026-04-15	40.40
2026-04-14	40.54
2026-04-13	40.55
2026-04-10	40.93
2026-04-09	40.76
2026-04-08	39.52
2026-04-07	36.30
2026-04-06	36.13
2026-04-02	35.70
2026-04-01	36.25
2026-03-31	35.02
2026-03-30	33.11
2026-03-27	34.55
2026-03-26	34.69
2026-03-25	37.84
2026-03-24	38.32
2026-03-23	37.07
2026-03-20	36.58
2026-03-19	36.60
2026-03-18	35.81
2026-03-17	36.11
2026-03-16	35.47
2026-03-13	34.99
2026-03-12	34.56
2026-03-11	35.97
2026-03-10	35.44
2026-03-09	34.73
2026-03-06	33.27
2026-03-05	35.51
2026-03-04	36.66
2026-03-03	36.00
2026-03-02	38.13
2026-02-27	38.15
2026-02-26	38.50
2026-02-25	40.47
2026-02-24	38.72
2026-02-23	38.27
2026-02-20	38.46
2026-02-19	37.89
2026-02-18	42.60
2026-02-17	41.42
2026-02-13	40.94
2026-02-12	37.88
2026-02-11	39.20
2026-02-10	37.96
2026-02-09	38.13
2026-02-06	37.20
2026-02-05	35.06
2026-02-04	34.33
2026-02-03	36.76
2026-02-02	37.88
2026-01-30	37.18
2026-01-29	39.37
2026-01-28	38.84
2026-01-27	38.37
2026-01-26	36.85
2026-01-23	37.18
2026-01-22	36.77
2026-01-21	37.51
2026-01-20	36.70
2026-01-16	37.72
2026-01-15	36.80
2026-01-14	34.82
2026-01-13	35.16
2026-01-12	35.44
2026-01-09	34.74
2026-01-08	32.48
2026-01-07	33.70
2026-01-06	34.14
2026-01-05	32.79
2026-01-02	31.01
2025-12-31	29.64
2025-12-30	29.99
2025-12-29	30.34
2025-12-26	30.21
2025-12-24	30.08
2025-12-23	30.01
2025-12-22	29.87
2025-12-19	29.57
2025-12-18	29.24
2025-12-17	28.64
2025-12-16	29.85
2025-12-15	30.13
2025-12-12	29.90
2025-12-11	32.23
2025-12-10	32.83
2025-12-09	31.88
2025-12-08	32.00
2025-12-05	31.98
2025-12-04	32.15
2025-12-03	32.06
2025-12-02	31.66
2025-12-01	30.40
2025-11-28	30.10
2025-11-26	29.83
2025-11-25	28.93
2025-11-24	27.55
2025-11-21	26.73
2025-11-20	26.28
2025-11-19	28.06
2025-11-18	26.86
2025-11-17	27.29
2025-11-14	26.97
2025-11-13	26.64
2025-11-12	27.53
2025-11-11	27.29
2025-11-10	28.05
2025-11-07	27.45
2025-11-06	27.87
2025-11-05	28.75
2025-11-04	27.47
2025-11-03	28.37
2025-10-31	27.82
2025-10-30	27.75
2025-10-29	28.13
2025-10-28	27.16
2025-10-27	27.61
2025-10-24	27.30
2025-10-23	27.26
2025-10-22	26.32
2025-10-21	26.97
2025-10-20	27.22
2025-10-17	26.85
2025-10-16	27.17
2025-10-15	27.16
2025-10-14	26.04
2025-10-13	26.19
2025-10-10	25.05
2025-10-09	26.29
2025-10-08	25.96
2025-10-07	25.25
2025-10-06	26.72
2025-10-03	25.96
2025-10-02	26.68
2025-10-01	25.98
2025-09-30	24.43
2025-09-29	24.46
2025-09-26	24.33
2025-09-25	23.82
2025-09-24	24.04
2025-09-23	23.97
2025-09-22	23.93
2025-09-19	22.68
2025-09-18	22.64
2025-09-17	21.26
2025-09-16	20.71
2025-09-15	20.40
2025-09-12	20.02
2025-09-11	20.30
2025-09-10	19.50
2025-09-09	19.51
2025-09-08	19.34
2025-09-05	19.42
2025-09-04	18.88
2025-09-03	18.65
2025-09-02	18.80
2025-08-29	19.18
2025-08-28	19.72
2025-08-27	19.62
2025-08-26	19.63
2025-08-25	19.33
2025-08-22	19.39
2025-08-21	19.07
2025-08-20	19.58
2025-08-19	19.73
2025-08-18	19.89
2025-08-15	19.68
2025-08-14	22.90
2025-08-13	23.12
2025-08-12	22.93
2025-08-11	22.43
2025-08-08	22.49
2025-08-07	22.28
2025-08-06	21.67
2025-08-05	21.79
2025-08-04	22.24
2025-08-01	21.90
2025-07-31	21.91
2025-07-30	23.04
2025-07-29	22.92
2025-07-28	23.15
2025-07-25	22.59
2025-07-24	22.89
2025-07-23	22.75
2025-07-22	22.77
2025-07-21	23.43
2025-07-18	23.17
2025-07-17	23.42
2025-07-16	23.70
2025-07-15	24.24
2025-07-14	23.98
2025-07-11	24.08
2025-07-10	24.09
2025-07-09	23.77
2025-07-08	23.72
2025-07-07	23.21
2025-07-03	23.24
2025-07-02	23.12
2025-07-01	22.36
2025-06-30	22.27
2025-06-27	22.29
2025-06-26	22.33
2025-06-25	22.27
2025-06-24	21.92
2025-06-23	20.92
2025-06-20	20.62
2025-06-18	21.03
2025-06-17	21.18
2025-06-16	21.48
2025-06-13	20.75
2025-06-12	21.29
2025-06-11	21.02
2025-06-10	21.14
2025-06-09	20.66
2025-06-06	20.28
2025-06-05	19.97
2025-06-04	19.70
2025-06-03	19.68
2025-06-02	19.13
2025-05-30	19.07
2025-05-29	19.40
2025-05-28	19.66

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

Related Metrics

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About Applied Materials, Inc.

Applied Materials, Inc. is a prominent provider of crucial manufacturing equipment, associated services, and software solutions. These offerings primarily cater to the semiconductor, display, and related high-technology industries. The company organizes its activities into three principal business segments: 1. Semiconductor Systems: This division is dedicated to the development, production, and sale of sophisticated manufacturing tools essential for fabricating semiconductor chips, also known as integrated circuits. Its comprehensive suite of technologies includes epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal processes, in addition to precision metrology and inspection instruments. 2. Applied Global Services: This segment delivers integrated solutions aimed at maximizing the performance and productivity of manufacturing facilities and their equipment. Its services encompass providing spare parts, system upgrades, maintenance support, refurbished older-generation equipment, and advanced factory automation software for semiconductor, display, and other product lines. 3. Display and Adjacent Markets: This unit focuses on supplying products for the creation of various display technologies. This includes manufacturing solutions for liquid crystal displays (LCDs), organic light-emitting diodes (OLEDs), and other display types, which are integral to a broad spectrum of consumer electronics such as televisions, computer monitors, laptops, personal computers, electronic tablets, and smartphones. Founded in 1967, Applied Materials, Inc. maintains its corporate headquarters in Santa Clara, California. The company boasts a significant international presence, conducting operations across the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe.

Santa Clara, CA

36,000 employees

www.appliedmaterials.com

Technology / Semiconductors

Sector: Technology
Industry: Semiconductors
CEO: Gary E. Dickerson

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