Applied Materials, Inc. (AMAT) PE Ratio: 49.38
Is Applied Materials, Inc.’s P/E ratio high or low?
Applied Materials, Inc.'s P/E ratio of 49.38 is 124% above its 5-year average of 22.04, near the high end of its 5-year range (9.95–49.38).
As of Thursday, June 11, 2026. 58.81% above its 12-month average of 31.09.
PE Ratio (49.38) = Close Price ($497.01) / Diluted TTM EPS ($10.07)
AMAT PE Ratio Chart
AMAT Average PE Ratio Chart
AMAT Current vs Average PE Ratio Chart
AMAT PE Ratio Metrics
PE RATIO
49.38
PE RATIO AVG TTM
31.09
PE RATIO AVG 3Y
24.48
PE RATIO AVG 5Y
22.04
PE RATIO AVG 10Y
20.45
PE RATIO AVG 15Y
23.73
PE RATIO AVG 20Y
6011451371575804.00
CURRENT VS TTM AVG
+58.81%
CURRENT VS 3Y AVG
+101.75%
CURRENT VS 5Y AVG
+124.08%
CURRENT VS 10Y AVG
+141.48%
CURRENT VS 15Y AVG
+108.11%
CURRENT VS 20Y AVG
-100.00%
AMAT Competitors' PE Ratio
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Materials, Inc. (AMAT) | $416.73B | 49.38 | 31.09 | 24.48 | 22.04 |
| Lam Research Corporation (LRCX) | $432.12B | 64.74 | 39.27 | 30.75 | 25.28 |
| Cisco Systems, Inc. (CSCO) | $462.96B | 39.14 | 29.80 | 22.98 | 21.35 |
| Arm Holdings plc American Depositary Shares (ARM) | $327.11B | 365.99 | 211.81 | 407.71 | 407.71 |
| Oracle Corporation (ORCL) | $511.32B | 30.50 | 44.81 | 39.34 | 34.41 |
| KLA Corporation (KLAC) | $302.37B | 64.91 | 40.31 | 33.54 | 27.81 |
| Palantir Technologies Inc. (PLTR) | $297.94B | 144.68 | 413.55 | 354.30 | 354.30 |
| Intel Corporation (INTC) | $560.35B | N/A | 3661.04 | 651.46 | 254.72 |
| Texas Instruments Incorporated (TXN) | $260.63B | 48.96 | 37.47 | 31.40 | 27.32 |
| International Business Machines Corporation (IBM) | $253.21B | 23.88 | 34.83 | 35.24 | 38.22 |
P/E vs. its own history
At 49.4, P/E is richer than usual, sitting higher than 96% of its 20-year history.
20-year low
6.8
median
19.2
20-year high
504763446235685184.0
P/E Comparison
Trailing P/E
49.4
Forward P/E
40.6
Forward P/E Calculation
View All Analyst EstimatesForward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$497.01
Forward EPS (Est.)
$12.23
Forward P/E
40.64
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 49.38.
- Is Applied Materials, Inc.'s P/E ratio high or low?
- Applied Materials, Inc.'s P/E ratio of 49.38 is 124% above its 5-year average of 22.04, near the high end of its 5-year range (9.95–49.38).
- What is the TTM average P/E ratio for Applied Materials, Inc. (AMAT)?
- The TTM average P/E ratio for AMAT stock is 31.09.
- What is the 3Y average P/E ratio for Applied Materials, Inc. (AMAT)?
- The 3Y average P/E ratio for AMAT stock is 24.48.
- What is the 5Y average P/E ratio for Applied Materials, Inc. (AMAT)?
- The 5Y average P/E ratio for AMAT stock is 22.04.
- What is the 10Y average P/E ratio for Applied Materials, Inc. (AMAT)?
- The 10Y average P/E ratio for AMAT stock is 20.45.
- What is the 15Y average P/E ratio for Applied Materials, Inc. (AMAT)?
- The 15Y average P/E ratio for AMAT stock is 23.73.
- What is the 20Y average P/E ratio for Applied Materials, Inc. (AMAT)?
- The 20Y average P/E ratio for AMAT stock is 6011451371575804.00.
Applied Materials, Inc. PE Ratio History
| DATE | PE RATIO |
|---|---|
| 2026-06-11 | 49.38 |
| 2026-06-10 | 46.71 |
| 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 |
Showing the most recent 260 of 4,640 data points. The chart above shows the full history.
Related Metrics
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.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Gary E. Dickerson