AXT PE ratio AXTI

Share price divided by earnings per share over the last twelve months, since 2012.

Today, Oct 23, 2026: n/m; a sliver of earnings
Last meaningful: 13.9×; Aug 2023
10-year median: 26.7×
10-year range: 7.4× to 177×
Peer median: 34.9×

AXT's PE ratio is not a meaningful number today, on $0.02 of earnings a share over the last twelve months: a multiple this high rests on a sliver of earnings.

It was last meaningful in Aug 2023, at 13.9×.

On the days it had one over the last ten years, its median was 26.7×, from 7.4× in Apr 2023 to 177× in Apr 2021.

PE ratio over time

median 26.7×

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

Year	End of year	Low	High
2023	13.9×	7.4×	17.8×
2022	10.9×	10.9×	28.8×
2021	27.5×	24.6×	177×
2020	n/m a value too high to mean anything
2019	37.6×	11.4×	50.0×
2018	12.4×	11.6×	38.5×
2017	36.3×	34.7×	133×
2016	80.0×	78.3×	87.5×
2015	n/m a value too high to mean anything
2014	n/m a value too high to mean anything
2013	28.2×	14.2×	30.1×
2012	14.1×	5.3×	15.3×

Against its peers

Companies in Semiconductors nearest AXT's size, closest first, today.

Company	PE ratio
AXTIAXT	n/m
ACMRACM Research	24.0×
ACLSAxcelis Technologies	35.8×
PENGPenguin Solutions	22.0×
OSISOSI Systems	21.9×
DIODDiodes	43.8×
KLICKulicke & Soffa Industries	34.0×
IPGPIPG Photonics	109×
ENPHEnphase Energy	31.9×
POWIPower Integrations	104×
VECOVeeco Instruments	117×
Peer median	34.9×

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on AXT

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