Applied Materials Inc (AMAT) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials h...

Applied Materials Inc (AMAT) currently trades at a P/E ratio of 44.53 (historical range: 16.39–67.90, median: 23.46), placing it at the 88th percentile — expensive relative to its history, P/S ratio of 13.05 (range: 3.76–19.90, 88th percentile — expensive relative to its history), EV/EBITDA of 86.60 (range: 16.71–180.92, 76th percentile).

Over the historical period (2024-08-30 to 2026-08-28), Applied Materials Inc's P/E ratio has expanded by 80% over the observed period (from an average of 20.6 to 37.1).

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

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio44.5316.3923.4667.9088thexpensive relative to its history
P/S Ratio13.053.765.9819.9088thexpensive relative to its history
EV/EBITDA86.6016.7131.63180.9276thabove its historical average
FCF Yield0.000.000.010.0613thexpensive relative to its history
Current Price: $458.83
Market Cap: $364.1B
Sector: Technology