Superworth

Applied Materials forward PE AMAT

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026
21.3×
10-year median
15.4×
Against its 10-year history
83rd
percentile: 0 is its lowest day, 100 its highest
10-year range
8.8× to 38.7×
Peer median
25.2×

Applied Materials' forward PE is 21.3× as of Oct 23, 2026.

That is above its ten-year median of 15.4×, higher than on 83% of days in the last ten years.

Over that time it ranged from 8.8× in Mar 2020 to 38.7× in Jun 2026.

The median for 10 semiconductor stocks of a similar size is 25.2×.

Forward PE over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far21.3×21.3×38.7×
202521.2×14.1×25.8×
202418.4×18.0×27.6×
202320.0×13.9×20.0×
202213.0×10.3×23.0×
202121.6×14.7×21.6×
202013.2×8.8×15.8×
201915.4×11.6×15.8×
201811.1×9.8×14.9×
201712.1×11.1×14.5×
201611.4×8.8×11.6×
201510.7×9.9×21.9×
201422.1×16.2×22.1×
201316.8×15.3×24.7×
201220.5×16.9×31.7×
201116.5×11.6×17.3×
201012.2×8.4×16.2×
200915.5×13.6×47.6×
2008188×19.1×322×
200720.3×16.3×24.2×

Against its peers

Companies in Semiconductors nearest Applied Materials' size, closest first, today.

CompanyForward PE
AMATApplied Materials21.3×
LRCXLam Research22.6×
TXNTexas Instruments27.0×
INTCIntel50.0×
MRVLMarvell Technology40.3×
KLACKLA26.2×
ADIAnalog Devices24.1×
QCOMQUALCOMM19.0×
AMDAdvanced Micro Devices45.7×
MUMicron Technology5.0×
TELTE Connectivity16.5×
Peer median25.2×

Where Applied Materials ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Applied Materials

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.