Advanced Micro Devices forward PE AMD

Share price divided by analysts' consensus earnings for the next twelve months, since 2003.

Today, Oct 23, 2026: 45.7×
9-year median: 37.8×
Against its 9-year history: 81st; percentile: 0 is its lowest day, 100 its highest
9-year range: 21.9× to 103×
Peer median: 23.3×

Advanced Micro Devices' forward PE is 45.7× as of Oct 23, 2026.

That is above its 9-year median of 37.8×, higher than on 81% of days in the last 9 years.

Over that time it ranged from 21.9× in Apr 2025 to 103× in Sep 2018.

The median for 10 semiconductor stocks of a similar size is 23.3×.

Forward PE over time

median 37.8×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	45.7×	25.6×	60.0×
2025	34.9×	21.9×	47.5×
2024	34.1×	32.4×	62.9×
2023	49.3×	25.8×	49.3×
2022	26.1×	22.4×	41.0×
2021	42.5×	26.0×	45.9×
2020	43.4×	33.8×	50.8×
2019	46.0×	34.5×	55.9×
2018	45.4×	24.0×	103×
2017	27.8×	26.9×	41.8×
2016	n/m a value too high to mean anything
2015	n/m a value too high to mean anything
2014	n/m a value too high to mean anything
2013	n/m a value too high to mean anything
2012	42.8×	36.2×	42.8×
2011	36.0×	11.8×	39.7×
2010	24.1×	19.4×	37.1×
2009	n/m a value too high to mean anything
2008	n/m a value too high to mean anything
2007	n/m a value too high to mean anything

Against its peers

Companies in Semiconductors nearest Advanced Micro Devices' size, closest first, today.

Company	Forward PE
AMDAdvanced Micro Devices	45.7×
MUMicron Technology	5.0×
AVGOBroadcom	18.6×
INTCIntel	50.0×
AMATApplied Materials	21.3×
LRCXLam Research	22.6×
TXNTexas Instruments	27.0×
MRVLMarvell Technology	40.3×
KLACKLA	26.2×
ADIAnalog Devices	24.1×
QCOMQUALCOMM	19.0×
Peer median	23.3×

Where Advanced Micro Devices 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 Advanced Micro Devices

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.