PE Ratio: 40.76

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 40.76 is 101% above its 5-year average of 20.27, around the middle of its 5-year range (9.95–67.95).

As of Tuesday, September 8, 2026. 8.53% above its 12-month average of 37.56.

PE Ratio (40.76) = Close Price ($472.79) / Diluted TTM EPS ($11.60)

AMAT PE Ratio Metrics

P/E vs. its own history

At 40.8, P/E is above its 20-year median — higher than 93% of readings in its 20-year history.

P/E Comparison

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

PE Ratio FAQ

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

The P/E ratio for AMAT stock is 40.76.

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

The P/E ratio of 40.76 is 101% above its 5-year average of 20.27, around the middle of its 5-year range (9.95–67.95).

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

The TTM average P/E ratio for AMAT stock is 37.56.

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

The 3Y average P/E ratio for AMAT stock is 24.90.

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

The 5Y average P/E ratio for AMAT stock is 20.27.

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

The 10Y average P/E ratio for AMAT stock is 19.51.

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

The 15Y average P/E ratio for AMAT stock is 19.39.

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

The 20Y average P/E ratio for AMAT stock is 19.17.

Showing the most recent 260 of 4,638 data points. The chart above shows the full history.

Related Metrics