Applied Optoelectronics, Inc. (AAOI) Valuation

Historical valuation analysis based on 500 data points (2024-09-23 to 2026-09-21)

Applied Optoelectronics Inc is a provider of fiber-optic networking products, for four networking end-markets; internet data center, CATV, telecom, and FTTH. The Company designs and manufactures a...

Applied Optoelectronics, Inc. (AAOI) currently trades at a P/S ratio of 16.29 (range: 1.63–33.43, 81th percentile — expensive relative to its history).

Applied Optoelectronics, Inc. appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/S Ratio16.291.634.9833.4381thexpensive relative to its history
Current Price: $111.44
Market Cap: $9.5B
Sector: Technology

Applied Optoelectronics, Inc. (AAOI) Valuation & P/E History

Applied Optoelectronics, Inc. (AAOI) is a US-listed stock operating in the Technology sector, specifically the Semiconductors & Related Devices industry currently trading at $111.44 with a market capitalization of $9.5 billion. This page provides historical valuation analysis for AAOI based on 500 data points covering 2024-09-23 to 2026-09-21.. The P/S ratio of 16.29 compares to a median of 4.98.

AAOI Valuation Metrics & Historical Range

The valuation table above shows Applied Optoelectronics, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether AAOI is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests AAOI is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Applied Optoelectronics, Inc..
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is AAOI Overvalued or Undervalued?

Applied Optoelectronics, Inc. appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics. The overall valuation percentile of 81 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AAOI is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full AAOI analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AAOI trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.